The cost of Business Email Compromise (BEC), and Impostor email has risen to $5.3B and is impacting employees, business partners and customers of organisations around the world.
In order to protect all the groups that are targeted by BEC requires deep visibility into email, and the expertise to build and deploy email authentication policy. Proofpoint Email Fraud Defense (EFD) is designed to block criminals that spoof your trusted domains to trick victims, both inside and outside of your organisation, into sending money and other sensitive information to the attacker. The DMARC (Domain-based Message Authentication Reporting & Conformance) standard is the most powerful weapon to date in the fight against phishing and spoofing.
In this guide, you will learn:
What DMARC is and how it works The benefits of DMARC Key stats and success stories Step-by-step implementation instructions
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.