A massive 3.4bn-or-more fraudulent e-mail dispatched globally per day

The "Spring 2019 Email Fraud Landscape" of Valimail says that phishing isn't just a technical assault but also a method that uses social engineering. A phishing attack is effective when its phishing e-mail bypasses software filters while the recipient acts upon it resulting in exposure of sensitive information. It has been found that a minimum of 3.4bn fraudulent e-mails are dispatched worldwide daily with a large number of industries that get targeted with spoofed and/or spear phishing messages. This is possible just because such targets don't use authentication protocols suitable for industries.

The aforementioned report reveals that fake electronic mails impersonating valuable entities that are responsible for 1.2% of the entire lot of e-mails sent out during Q1-2019 are phishers' key weapon for acquiring admission into any organization's sensitive assets like intellectual property, or systems and PC-networks. www.betanews.com posted this, June 11, 2019.

There's, however, good news also as Valimail's ongoing research shows how a lot of industries are progressively combating impersonation, a few faster than others.

While conventional cyber-security defenses can't easily block fake e-mails the problem can be tackled through enforcement of standard e-mail authentication methods that are already widely received. These include DKIM (Domain Keys Identified Mail), SPF (Sender Policy Framework), DMARC (Domain-based Message Authentication, Reporting and Conformance), BIMI (Brand Indicators for Message Identification) and ARC (Authenticated Received Chain).

DMARC especially is a proven standard for stopping fraudulent e-mails from entering users' mailboxes. As accords to the study, some 5.34bn inboxes globally carry out DMARC tests on incoming messages, while almost 740,000 domains currently implement DMARC. But approximately 20% DMARC implementation is evident within majority industries since so-called large enterprises find it difficult for configuring the solution.

Valimail's co-founder and CEO Alexander Garcia-Tobar says that it's very clear that fraudulent electronic mails from phishers, hackers as well as other cyber-criminals fuel maximum of cyber assaults. www.techrepublic.com posted this, June 11, 2019.

Evidently, a lot too many cyber criminals employ impersonation for circumventing existing e-mail safeguards. There should be thus a vigorous approach towards adoption of identification and validation of e-mail sender for increasing the trustworthiness of e-mail, well for good.

» SPAMfighter News - 6/17/2019