New Report Reveals an 80% Increase in Impersonation or

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
122
New Report Reveals an 80% Increase in Impersonation or Business Email Compromise (BEC) Attacks

LEXINGTON, Mass., Aug. 28, 2018 (GLOBE NEWSWIRE) -- Mimecast Limited  (NASDAQ: MIME), a leading email and data security company, today announced the availability of its latest quarterly Email Security Risk Assessment (ESRA), an aggregated report of tests that measure the efficacy of widely used email security systems.

A Mimecast ESRA helps participating organizations better understand the number and type of email-borne threats that are getting through their current defenses. As part of the cumulative assessments, Mimecast has inspected more than 142 million emails that have passed through organizations’ incumbent email security vendors. Latest results revealed 203,000 malicious links within 10,072,682 emails were deemed safe by other security systems – a ratio of one unstopped malicious link for every 50 emails inspected.

The report also found an 80% increase impersonation attacks in comparison to last quarters’ report with 41,605 caught. Additionally, 19,086,877 pieces of spam, 13,176 emails containing dangerous file types, and 15,656 malware attachments were all missed by these incumbent providers and delivered to users’ inboxes.

“Targeted malware, heavily socially-engineered impersonation attacks, and phishing threats are still reaching employee inboxes. This leaves organizations at risk of a data breach and financial loss,” said Matthew Gardiner, cybersecurity strategist at Mimecast. “Our latest quarterly analysis saw a continued attacker focus on impersonation attacks quarter-on-quarter. These are difficult attacks to identify without specialized security capabilities, and this testing shows that commonly used systems aren’t doing a good job catching them.”

The report indicates the need for organizations to enhance their cyber resilience strategies for email with a multi-layered approach that includes a third-party service provider. This new ESRA report follows an SE Labs Independent Email Security Services Protection group test , which gave Mimecast the top score and a “AAA” rating. Other email security services SE Labs evaluated were from Microsoft, Forcepoint, Symantec and Proofpoint.

“The SE Labs report highlights the need for multiple layers of protection to increase security efficacy and to address the rise of more advanced email attacks,” added Gardiner.

Mimecast is engineered to use multiple layers and types of detection engines, combined with high performance analytics and a diverse set of threat intelligence sources, overseen by the Mimecast SOC. This helps protect email data and employees from malware, spam, phishing, and targeted attacks - 100% from the cloud.

Additional Resources:

SE Labs Methodology SE Labs aims to improve information technology security by assessing products and services designed to detect attacks, protect against intrusions or both. SE Labs used current threat intelligence to make tests as realistic as possible and each individual attack was recreated differently 10 times. Testing was unsponsored and conducted in February 2018.

About Mimecast Mimecast (NASDAQ: MIME) makes business email and data safer for thousands of customers and their millions of employees worldwide. Founded in 2003, the company's next-generation cloud-based security, archiving and continuity services protect email and deliver comprehensive email risk management.

Mimecast Social Media Resources LinkedIn:  Mimecast Facebook:  Mimecast Twitter:  @Mimecast Blog:  Cyber Resilience Insights

Press Contact Richard Botley / Alison Raymond Walsh | Press@Mimecast.com | 617-393-7126

Investor Contact Robert Sanders | Investors@Mimecast.com | 617-393-7074

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Orthopedic Expert Highlighting Midwest Pain Access Gaps

Updated Category News Views 5

Over in the vast sprawl of rolling plains and prairie winds, folks in the Upper Midwest are grappling with an ironic reality. As technological advancements blaze trails, people suffering from vertebrogenic pain are finding themselves up against a wall of limited access to specialized care. We’ve got Dr. James T. Brunz, the man of the hour, one of only about 15 Intracept...

Continue Reading
Lumicell Expands LumiSystem in Breast Cancer Surgery

Updated Category News Views 7

Innovation in Breast Cancer Surgery: A Real-World Game Changer? You’ve got your flashlight guiding a scared child through the dark, and in the healthcare world, Lumicell is promising to do just that for surgeons navigating the tricky maze of breast cancer surgery. Their LumiSystem is making waves in breast-conserving surgery—new kid on the block with a real chance at...

Continue Reading
Rosewood HK Tops Best Hotel List Again; Asia Shines

Updated Category News Views 3

Holding the Crown: Rosewood Hong Kong's Triumph When a single hotel keeps nabbing the top spot in the world's most prestigious rankings, it's worth taking a closer look. That's exactly what's happening with Rosewood Hong Kong, crowned the world's best once more in 2026—its second consecutive year at the pinnacle according to The 50 Best Hotels. Defining Luxury on a...

Continue Reading
NY Sheriffs' Court Battle: Immigration Policies Under Fire

Updated Category News Views 5

Sheriffs Clash with State Over Immigration Policies In a tense showdown reminiscent of an old-time standoff, 15 New York county sheriffs have drawn their battle lines against the state’s capricious maneuvers by pushing a federal court to hit the brakes on Albany’s newly minted immigration rule. The so-called “Local Cops, Local Crimes Act” is catching serious heat,...

Continue Reading
Avive Partners with Cambridge Fire for Lifesaving Training

Updated Category News Views 7

Tapping into the Pulse: Avive & Cambridge Fire in Action No fooling around here—Avive Solutions is linking arms with the Cambridge Fire Department to put the city on a faster track to becoming a lifesaver haven. They're rolling out a free CPR and AED training right in the Smith Campus Center, Harvard Square. It's the kind of thing you love to see—getting the community...

Continue Reading
TGI Fridays Unveils New 3 For All Menu Options

Updated Category News Views 8

Hedging Bets on New Dining Strategies Oh, the restaurant battlefield—where one day you're the toast of the town, and the next, you're hustling to keep those seats filled. TGI Fridays, a name as synonymous with casual eats as long as I’ve been in this game, is rolling the dice with a new offering dubbed '3 For All.' Doesn't sound like your average meal deal either....

Continue Reading
TWP & Commbi Unveil Exclusive Pony Clog Collaboration

Updated Category News Views 5

A Fusion of Fashion and Functionality Walk down the streets of New York or hustle your way through an airport without worrying about your footwear weighing you down. That's the promise coming from the fresh alliance between TWP and Commbi with their new Pony Clog Collaboration. A blend of high fashion and everyday utility, these clogs aren't just keeping up with the...

Continue Reading
Postal Connections Expands with New Hillsboro Opening

Updated Category News Views 11

Expanding Horizons in Hillsboro In the world of postal and office services, Annex Brands, Inc. is making headlines by launching yet another Postal Connections spot, this time planting its flag in the tech-centric town of Hillsboro, Oregon. Spearheaded by Jason Rautenkranz, this expansion is more than just another dot on a map—it's a strategic push into one of the...

Continue Reading
Cabot Wilds: Nova Scotia's Next Luxury Golf Haven

Updated Category News Views 8

Breaking New Ground in Golf and Luxury Cabot and the Bragg family are cooking up something extraordinary in Cumberland County, Nova Scotia. The new luxury lifestyle and golf destination, Cabot Wilds, promises to be more than just a retreat—it's a bold statement on how to marry nature, luxury, and community. Set to open in late 2027, this expansive 2,500-acre resort will...

Continue Reading
G-STAR & Wu-Tang Clan Unleash Denim Fusion

Updated Category News Views 5

Denim and Old-School Beats: A Fresh Partnership Just when you think fashion collaborations have run their course, along comes something worth the buzz. This fall, G-STAR, the edgy Dutch denim frontrunner, and the legendary hip-hop collective of Wu-Tang Clan are shaking up the apparel scene, blending raw denim with raw rap. It's a multi-year collaboration that doesn't slap...

Continue Reading

Top 5 Most Recently Viewed Articles

Exploring the Growth of the Recycled Textile Industry by 2033

Updated Category News Views 54

The Recycled Textile Market: A Sustainable Future The global recycled textile market is on track for remarkable growth, with projections indicating it will reach an impressive USD 8.41 billion by 2033. This surge corresponds to a compound annual growth rate (CAGR) of 3.60% from 2024 to 2033. The primary catalyst for this growth is the increasing awareness of the negative...

Continue Reading
LZ Technology Holdings Limited Celebrates Successful IPO Completion

Updated Category News Views 245

LZ Technology Holdings Limited Marks a Significant Milestone Today, LZ Technology Holdings Limited (NASDAQ: LZMH), an emerging company in the information technology and advertising sectors, announced the successful completion of its initial public offering (IPO). This pivotal event saw the company issue 1,800,000 Class B ordinary shares at a price of $4.00 each, resulting...

Continue Reading
Harvia Plans Major Interim Report Release in November 2024

Updated Category News Views 63

Harvia’s Anticipated Interim Report Release Harvia, a prominent name in the sauna market globally, is set to unveil its Interim Report covering the period from January to September 2024. This release is scheduled for Thursday, November 7, 2024, at 9:00 a.m. Finnish time. Stakeholders and interested parties can look forward to detailed insights regarding the company's...

Continue Reading
Investors of Innovative Solutions Under Investigation for Fraud

Updated Category News Views 157

Investigation into Innovative Solutions and Support, Inc. Pomerantz LLP, a law firm based in New York, is currently conducting an investigation concerning claims made on behalf of investors of Innovative Solutions and Support, Inc. (NASDAQ: ISSC). This investigation aims to determine whether certain officers and directors of the company potentially engaged in unlawful...

Continue Reading
GMS Celebrates Ranking Among Top Employers in Northeast

Updated Category News Views 80

Group Management Services (GMS) snagged a notable milestone, ranking as the second-largest employer on Crain's list of top 100 employers in Northeast Ohio. This was no fluke; back then, GMS showcased solid growth, seeing a local footprint increase of 5.1% and an impressive 6.3% on the national scale. Traders took note, eyeing this rapid expansion as a sign of robust...

Continue Reading