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 * UNDERSTANDING YOUR ORGANIZATION’S VENDOR FRAUD AND SUPPLY CHAIN RISK


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Articles & Thought Leadership | 5 min read


ENTERPRISE STRATEGY GROUP REPORT HIGHLIGHTS PERSISTING WEAKNESSES IN EMAIL
SECURITY DESPITE MATURITY

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 2. Articles & Thought Leadership
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 3. Enterprise Strategy Group Report Highlights Persisting Weaknesses in Email
    Security Despite Maturity

Lauryn Cash
May 11, 2023

Recent report released by Enterprise Strategy Group (ESG) highlights the
persisting weaknesses in email security, with 38% of respondents viewing email
as the most vulnerable channel to threat actors.

--------------------------------------------------------------------------------

The recently released Armorblox and Enterprise Strategy Group (ESG) report
provides an in-depth analysis of the current state of enterprise email security
and the challenges that organizations face in securing their communications
channels. The report highlights the critical need for organizations to adopt
more robust and comprehensive email security measures to protect against today's
advanced email threats, and underscores the importance of prioritizing
sophisticated email security as a key component of a comprehensive cybersecurity
strategy, particularly as remote work and digital transformation continue to
shape the modern enterprise landscape.


EMAIL REMAINS CHANNEL MOST VULNERABLE TO THREAT ACTORS

When looking at the communication and collaboration mechanisms considered most
vulnerable to threats, we see file sharing and cloud storage tools plus
messaging in the top four. But by almost 4x, we see email taking the lead by a
significant percentage. This vulnerability is likely due to the widespread use
of email for both internal and external communications, as well as the sensitive
information that may be exchanged through email.

Fig 1: Email considered most vulnerable threat compared to top 8 communication
and collaboration mechanisms [source: Enterprise Strategy Group, a division of
TechTarget, Inc. eBook, The Freedom to Communicate and Collaborate, April 2023.]

> “While most organizations are leveraging six or more tools for communication
> and collaboration, email tops the list by a wide margin as the channel
> considered most vulnerable to threat actors.”
> - Dave Gruber, Principal Analyst at Enterprise Strategy Group (ESG)

The significant gap between email and file sharing and cloud storage tools
(coming in second place at 13%, emphasizes the high level of risk associated
with email communication. To combat these risks and the vulnerabilities these
collaboration tools present, organizations should look to augment native email
security with API-based email security that provide strong email security
measures to identify and prevent targeted, email-based attacks.

Other communication and collaboration tools listed: messaging,
application-specific workflow communications, video conferencing, shared
whiteboarding, shared project management, and shared calendar also pose a
certain level of risk. It is best practice for organizations to implement
security measures specific to each mechanism – multi-factor authentication,
secure messaging and password protection tools, and access control for shared
communication and project management tools.

The data gathered from Armorblox and ESG shed light on the importance of
prioritizing email security, as it is considered the most vulnerable mechanism
for communication and collaboration. It is crucial for organizations to adopt
and implement API-based email security that mitigates the risks associated with
legacy security tools to ensure the safety and protection of end users, the
organization, and sensitive information.


THE GAPS IN PRIMARY EMAIL FAIL TO PROVIDE THE NECESSARY PROTECTION TO COMBAT
TODAY’S THREATS

The data gathered by Armorblox and ESG highlights the multitude of gaps that
still persist in legacy and native email security solutions that many
organizations rely on. As the data suggests, these solutions fail to provide the
necessary protection to combat today's email attacks, which include both
external and internal threats.

In a recent report, Armorblox found that a significant 56% of all email attacks
bypassed legacy security filters, indicating the inadequacy of traditional
security solutions to detect and prevent new and evolving email-based threats.
Additionally, a startling 52% of all attacks involved sensitive user data,
highlighting the severity of the consequences of email attacks.

Coupled with the data gathered by ESG, both parties are in agreement that
primary email security solutions are ineffective in providing the necessary
protection to combat today’s email attacks. The lack of protection, in turn,
undermines the efficacy, compliance, and reliability of email communication,
leading to potentially severe consequences for organizations.

Fig 2: Challenges experienced with current primary email security solution
[source: Enterprise Strategy Group, a division of TechTarget, Inc. eBook, The
Freedom to Communicate and Collaborate, April 2023.]

These findings point towards the need for organizations to reassess their email
security measures and adopt more robust and comprehensive solutions that address
the gaps in legacy and native security solutions. Such measures may include the
use of GPT-powered email security solutions that can detect and prevent advanced
email threats, including spear phishing, vendor fraud, internal threats and
account compromise, and social engineering attacks.

--------------------------------------------------------------------------------


READ THE FULL ANALYSIS OF THE CHALLENGES THAT ORGANIZATIONS FACE IN SECURING
THEIR COMMUNICATION CHANNELS BY DOWNLOADING THE FULL ESG REPORT.

Download Report


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Articles & Thought Leadership


KEY TAKEAWAYS: ARMORBLOX 2023 EMAIL SECURITY THREAT REPORT

Key findings of Armorblox 2023 Email Security Threat Report, which documents the
rise in targeted attacks, a shift in trends across a broad range of attacks, and
highlights the use of language to bypass existing email security controls. See
some of the key findings of this this report, a study of email-based attack
trends compiled by analyzing over 4 billion emails and stopping over 800,000
threats every month, while protecting over 58,000 customers.

Articles & Thought Leadership


HOW CHATGPT WILL CHANGE CYBERSECURITY FOREVER

In a time when bad actors can easily access AI, ML, and LLM tools for malicious
intent, organizations will need to take extra steps to protect themselves from
targeted email attacks. Here are some of the most frequently asked questions our
CEO, DJ Sampath, gets about AI and LLMs like GPT and his thoughts on this
technology to date, where he believes it’s headed next, and how it will change
cybersecurity forever.

Articles & Thought Leadership


ARMORBLOX CONTEXT 2023 - RSAC EDITION RECAP

Check out a full recap of Armorblox CONTEXT 2023 - RSAC Edition event that
happened on April 24, 2023, at the Children's Creativity Museum in San
Francisco. The event brought together top cybersecurity experts from the FBI,
CISA, Albertsons Companies, and SentinelOne, among others, to share their
insights and have impactful discussions about topics such as AI, supply chain
attacks, financial fraud, and more.

Articles & Thought Leadership


5 STEPS CISOS SHOULD TAKE TO IMPROVE THEIR SECURITY POSTURE IN 2023

CISOs are tasked with ensuring the security of their organization by guarding
them against cyberattacks and data loss. Let's review 5 important steps that
CISOs can take to improve their organization's security posture in 2023 and
beyond.

Articles & Thought Leadership


EMAIL SECURITY PREDICTIONS FOR 2023 AND BEYOND

2022 has been a year full of changes for cybersecurity teams worldwide, and new
variants of targeted email attacks –compromising vendors to launch supply chain
attacks, attempts at stealing credentials, and different flavors of executive
impersonation. Read our astute predictions for 2023 - and how Armorblox is
leading the charge to better protect organizations.

Articles & Thought Leadership


PROTECTING CRITICAL BUSINESS WORKFLOWS IN THE AGE OF CHATGPT

ChatGPT, an AI-generated chatbot, presents cybercriminals and scammers with a
free and easy-to-use tool for generating socially engineered attacks such as
financial fraud, credential phishing, vendor fraud, and more. Learn how to
protect your employees and organization from these types of attacks and data
loss.






EXPERIENCE THE ARMORBLOX DIFFERENCE

If you have questions about email security, Armorblox has the answers you're
looking for. Request a product demo to find out more.

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