How dormakaba maintains email security through acquisition after acquisition
Mergers and acquisitions (M&A) can stimulate growth, provide opportunities to obtain a competitive advantage, increase market share, and even consolidate supply chains to reduce overhead costs. For example, when DORMA and Kaba merged in 2015 to form dormakaba, it allowed the two entities to combine DORMA’s architectural hardware, access controls, and systems with Kaba’s safe […]
Email Impersonation Knows No Borders
Hello…Elvis? Photo credit: Gunnshots Email impersonation scams, also known as business email compromise (BEC) or phishing attacks, have risen 20 percent in the first nine months of this year, according to the Singapore police. According to the report, those scams have cost Singaporeans S$19 million (U.S. $13.4 million), of which the police have only been […]
Can DMARC Do for Email What SSL Certificates Did for E-commerce?
Email authentication can help secure our cloud services just like SSL did our servers. Image credit: FutUndBeidl Valimail CEO Alexander García-Tobar explores this question today in InformationWeek’s Dark Reading. The article explains how email’s historic lack of authentication came about, why that’s a problem today, and how DMARC can help solve that problem. García-Tobar writes, The good […]
Government Guidance for Email Authentication Has Arrived in USA and UK
We recently discussed governmental organizations that send out warnings rather than preventing spear phishing attacks through email authentication.Therefore it’s good to see a pair of prominent governmental organizations giving clear guidance to their constituents about using DMARC to enforce authenticity of email on their domains. The British Government Digital Service announced in June an upcoming requirement that all […]
Spear Phishing Attacks Now Aimed at Unlocking Mobile Devices
Unlocking a lost or stolen mobile device can be very difficult, as the news made quite clear earlier this year. While the FBI eventually found a way into Syed Farook’s iPhone, privacy boosters could take heart that it required months of time and the massive resources of United States federal law enforcement to do so. Presumably […]
One of Europe’s biggest companies just lost $45M in a business email scam
Leoni AG, a billion-dollar (market cap) manufacturer of cables and cable harnesses for car manufacturers, announced last month that it had fallen victim to a business email compromise (BEC) scam. The cost? 40 million Euros, or about $45 million. Leoni announced the fraud on August 16, a few days after it had happened. Upon hearing the news, the […]
Corporations understand DMARC is critical. So why can’t they get to enforcement?
The Online Trust Alliance (OTA) recently published the 2016 results of its annual Online Trust Audit, an analysis of corporations’ attitudes towards security and their adoption of various security technologies. The OTA audit shows that most corporations, banks, and government agencies have a long way to go before they fully implement the most advanced email […]
Senior Execs Fired for Spear Phishing Success
In the wake of the much-discussed payroll company that fired an employee for falling victim to a spear phishing scam, an Austrian manufacturer has fired its CEO and financial chief after the company gave away more than $50 million due to a CEO impersonation attack. As with Alpha Payroll, it’s worth asking: Did the company, FACC AG, take the […]
A Better Way to Respond to Phishing Attacks
An employee at payroll service provider Alpha Payroll got fired for falling victim to a phishing scam, as CSO Magazine’s Steve Ragan reported recently. You can read about it at the above link, but the brief recap is that in response to a breach, payroll service provider Alpha Payroll informed the New Hampshire attorney general of the breach […]
Introducing Valimail
From inception, our vision has been to do something unique and audacious: authenticate the world’s email. If we’re successful, the result will be the elimination of phishing attacks, much higher deliverability rates, and a restoration of consumers’ trust in email. After nine months of developing our technology, working with leading brands in specific vertical markets, and proving […]