Welcome!

API Journal Authors: Tim Hinds, Dan Sarel, John Esposito, Jason Bloomberg, Elizabeth White

News Feed Item

Agari Q2 Email TrustIndex Shows Brands Remain Under Persistent Email Cyberattack; Banks Are 15 Times More Likely to Be Spoofed Than Other Industries

Agari, the leading provider of real-time, data-driven security solutions that detect and prevent advanced email cyberthreats, today released its 2014 Q2 edition of the Email TrustIndex.

The Q2 Email TrustIndex covers the period from April through June 2014 and provides email “threat” ratings, or the volume of cyberthreats targeted towards any given company’s consumers via email, and email “trust” ratings, or how well companies are protecting consumers from email cyberthreats. To compile the Index, Agari analyzes 6.5 billion emails per day across 11 industries to identify which companies are being targeted and which companies are taking action to prevent attacks from reaching consumers.

The Travel sector saw threat volume increase by 800% in Q2, signifying a major target for hackers. Mega Banks were found to have the highest ThreatScore in Q2, where consumers are 15 times more likely to receive a malicious email pretending to be from a major bank than they are from an airline. Health Care is still in critical condition with the lowest TrustScore of all industries. Out of the 14 health care companies analyzed, 13 classified as "easy targets" for cybercriminals.

“Quarter after quarter we are witnessing industries struggle with email security. We see countless high-profile breaches in the news where email is a stepping stone in the attack or is leveraged post-attack to steal credentials, begging the question, ‘Why are these industries not protecting themselves and their customers?’” said Patrick Peterson, Founder and CEO of Agari. “We issue these quarterly reports to encourage people to take email security more seriously. For a long time, brands couldn’t do anything to stop brand hijacking, but now they can deploy DMARC to stop brand abuse through email and protect their consumers.”

Email is the Weakest Link

The disparity in email security between the best- and the worst-performing industries is significant: of the industries surveyed, three-quarters have yet to completely implement DMARC (Domain-based Message Authentication, Reporting, & Conformance), an open standard enabled on 70% of the world’s inboxes. DMARC is the only security solution that enables Internet-scale email protection and prevents fraudulent brand abuse for email-borne cyberattacks. Social companies have a 64% DMARC implementation rate – five times what has occurred among airlines.

Despite the importance, ubiquity and staying power of email, there are still flaws. According to the Identity Theft Resource Center, as of July there have been 395 data breaches in the U.S. alone; a 21 percent increase from the same time in 2013. In Q2 2014, Agari witnessed a rise in the number and threat-level of malicious email attacks from many of the security incidents making headlines. Cryptolocker, GameOver Zeus and the recent hacking of 1 billion passwords by a Russian gang all involve security gaps from email.

Additional Key Findings in Q2:

  • Financial Services was broken down into Payments, Mega Banks (US and Europe), and Large Banks in Q2.
    • Large Banks are the least trustworthy financial institution. Every large bank evaluated was classified as an “easy target.”
  • E-tailers are excelling in email security, with online-only pioneers, such as Netflix and Newegg, leading the pack, whereas the majority of retailers are lagging in implementing best practices.
  • Social Media sites are "security rockstars" with Facebook, Google+, LinkedIn and Twitter having near-perfect TrustScores.

About the Agari TrustIndex

The Agari TrustIndex contains ratings developed by Agari that reflects how fully organizations have deployed three standards (SPF, DKIM, and DMARC) across their primary active domains. While all three standards are deployed "behind the scenes" and are not directly visible to consumers in most cases, by looking at TrustIndex scores you can get a simple, easy to understand rating of how well any given organization is protecting their customers from receiving malicious email under the guise of the organization's brand and domain name. It's important to note that the Agari TrustScore reflects that level of security deployed by the organization, and is not directly related to the ThreatScore, which is an indicator of how high a level of attack is directed at an organization. A company could have a very high TrustIndex score and still have a high ThreatScore as well, as even though they've deployed effective security the bad guys are still trying to break in.

The latest copy of the Agari Email TrustIndex is available for download here.

RELATED LINKS AND CONVERSATIONS

About Agari

Agari builds new, Internet scale, data driven security solutions that eliminate email as a channel for cyberattacks and enable businesses and consumers to interact safely. The Agari cloud-based SaaS solution aggregates data from 2.5 billion mailboxes to help global brands eliminate email threats, protect customers and their personal data, and proactively guard brand reputation. Today, Agari analyzes over 6 billion messages per day, identifies over 2 million malicious URLs per month, and blocks over 200 million malicious emails per month. Founded by the thought leaders behind Cisco’s IronPort solutions, Agari, a recipient of the JPMorgan Chase Hall of Innovation Award and recognized as a Gartner Cool Vendor in Security, is headquartered in Silicon Valley. Learn more at http://www.agari.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
You deployed your app with the Bluemix PaaS and it's gaining some serious traction, so it's time to make some tweaks. Did you design your application in a way that it can scale in the cloud? Were you even thinking about the cloud when you built the app? If not, chances are your app is going to break. Check out this webcast to learn various techniques for designing applications that will scale successfully in Bluemix, for the confidence you need to take your apps to the next level and beyond.
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
The IoT has the potential to create a renaissance of manufacturing in the US and elsewhere. In his session at 18th Cloud Expo, Florent Solt, CTO and chief architect of Netvibes, will discuss how the expected exponential increase in the amount of data that will be processed, transported, stored, and accessed means there will be a huge demand for smart technologies to deliver it. Florent Solt is the CTO and chief architect of Netvibes. Prior to joining Netvibes in 2007, he co-founded Rift Technol...
Join IBM June 8 at 18th Cloud Expo at the Javits Center in New York City, NY, and learn how to innovate like a startup and scale for the enterprise. You need to deliver quality applications faster and cheaper, attract and retain customers with an engaging experience across devices, and seamlessly integrate your enterprise systems. And you can't take 12 months to do it.
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, will discuss how research has demonstrated the value of Machine Learning in delivering next generation analytics to im...
This is not a small hotel event. It is also not a big vendor party where politicians and entertainers are more important than real content. This is Cloud Expo, the world's longest-running conference and exhibition focused on Cloud Computing and all that it entails. If you want serious presentations and valuable insight about Cloud Computing for three straight days, then register now for Cloud Expo.
IoT device adoption is growing at staggering rates, and with it comes opportunity for developers to meet consumer demand for an ever more connected world. Wireless communication is the key part of the encompassing components of any IoT device. Wireless connectivity enhances the device utility at the expense of ease of use and deployment challenges. Since connectivity is fundamental for IoT device development, engineers must understand how to overcome the hurdles inherent in incorporating multipl...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, will explain how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
The paradigm has shifted. A Gartner survey shows that 43% of organizations are using or plan to implement the Internet of Things in 2016. However, not just a handful of companies are still using the old-style ad-hoc trial-and-error ways, unaware of the critical barriers, paint points, traps, and hidden roadblocks. How can you become a winner? In his session at @ThingsExpo, Tony Shan will present a methodical approach to guide the holistic adoption and enablement of IoT implementations. This ov...