Why email attacks should be your number one security concern

Businesses are dealing with an enormous rise in email attacks as hackers look to take a extra direct path to go after huge rewards.

New analysis from Mimecast has discovered that thousands and thousands of cyberattacks are utilising the common-or-garden email as their weapon of selection, 

In specific, the corporate detected a significant rise in enterprise email compromise (BEC) attacks, which see hackers fraudulently impersonating different figures inside an organization to trick victims into sending private particulars or assets.

Bypassed

Mimecast’s newest quarterly report discovered a 269 p.c enhance in BEC attacks in comparison with the earlier three months, exhibiting the massive spike in such assaults.

However BEC attacks should not the one methodology cybercriminals have been efficiently leveraging to focus on organisations. Mimecast’s findings collated 28,783,892 spam emails, 28,808 malware attachments and 28,726 harmful information varieties all through the quarter, all of which have been missed by present security safety instruments and delivered to customers’ inboxes.

This was equal to an total false detrimental fee of 11 p.c of inspected emails, highlighting the pressing want for corporations to up their email security instantly.

“The real issue is that there are tens of thousands email-borne threats successfully able to bypass the email security systems that organisations’ have in place, effectively leaving them vulnerable and putting a lot of pressure on their employees to discern malicious emails,” stated Joshua Douglas, vice chairman of risk intelligence at Mimecast. 

“Cybercriminals will always look for new ways to bypass traditional defences and fool users. This means the industry must focus their efforts on investing in research & development, unified integrations and making it easier for users to be part of security defences, driving resilience against evolving attacks.”

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