Executive summary: Over half of major U.S. banks remain exposed to phishing attacks because of weak or absent DMARC enforcement, despite rising cybercrime losses and increasingly sophisticated email threats. Operational challenges, regulatory gaps, and underestimation of risk hinder stronger protections, putting customer trust and financial stability in jeopardy. Key takeaways Email remains the primary tool…Continue Reading: More than 50% of US banks remain vulnerable to phishing attacks
finance
Does email security translate to market value?
There’s been a lot of attention focused on the public markets lately, so I spent a bit of time looking at how our customers have performed vs. the broader equity market since the pandemic began. The results are quite interesting. The chart below shows a market-cap weighted index of Red Sift’s 25 largest listed customers…Continue Reading: Does email security translate to market value?
Cyber Challenges in an SEC-regulated Environment
For an industry that depends so heavily on trust, the results of whether they were protected against cyberattacks are quite grim. …Continue Reading: Cyber Challenges in an SEC-regulated Environment
BEC Attacks Cost Businesses $1.8B in 2019
The improved effectiveness of BEC attacks stems from hackers creating elaborate campaigns that cover tracks and evade signs of detection. …Continue Reading: BEC Attacks Cost Businesses $1.8B in 2019