Building Relationships, Loyalty, and Trust
Inbound: Stop BEC and Executive Impersonation
With the spread of phishing scams and business email compromise (BEC) attacks, financial companies have heightened exposure to W2 fraud, as well as the danger of IP and financial theft initiated by phishing. Today, over 91% of all cyberattacks start with email — and 62% of those are impersonations. Protect your executives and employees from email fraud.
Outbound: Building Relationships, Loyalty, and Trust
Email impersonation attacks threaten client trust in financial services firms. Criminals can send fake email as your company with impunity, damaging your brand and reducing your customers’ trust in your institution. Financial losses due to email fraud, such as business email compromise (BEC), number in the billions of dollars per year, and the numbers are rising.
Valimail’s fully automated email authentication solution, Valimail Enforce™, stops criminals and unauthorized services from sending email as your company. With Valimail, only legitimate transaction notifications, banking alerts, and trade confirmations are delivered, so customers can trust their inbox communications from your firm.
Visibility, Control and Compliance
With Valimail, companies get full visibility of all services sending email using their domain names, including internal cloud systems like HR, payroll, and other third-party workflow services sending emails on their behalf. All in an easy-to-use executive dashboard with detailed reports.
Because of the increasing threat of email-based fraud, financial services regulators are adding email security mandates for financial services companies. The SEC, FTC, and OCC have all specifically called out email authentication as a best practice and are holding financial institutions potentially liable for any breaches resulting from a lack of email authentication implementation. FS-ISAC has strongly urged all members to implement email authentication immediately.
Valimail can help you get compliant — while protecting your brand from impersonation and phishing.
Financial Services Email Authentication
Leveraging global standards (including DMARC, SPF, DKIM, ARC, and BIMI) along with proven, patented technology, Valimail’s cloud solution authenticates every email in real time, authorizing and ensuring deliverability of legitimate senders while thwarting fraud from malicious impersonators.
Valimail is the only truly automated solution with guaranteed DMARC enforcement. Unlike other solutions that make you do all the work, Valimail takes on the burden of getting you to enforcement with our patented technology.
With an easy-to-use management console, IT teams have one-click control over their domains protecting executives and employees from impersonation attacks and shielding customers and partners from criminal impostors attempting to hijack the company’s email.
Valimail’s robust, enterprise-grade cloud service scales to meet the financial services industry’s needs.
Key features of our enterprise-grade infrastructure include:
- Global deployment, with fully redundant 99.995% infrastructure
- Data encryption at rest and in transit
- The only FedRAMP-Authorized email authentication platform
- SSO, access controls, and two-factor authentication
- Privacy Shield Certified
- SOC 2 Type 2 Compliant
- No PII is ever used
With Valimail in place, our clients can be assured that when they receive an email from City National, it actually came from us.
CISO, City National Bank
Only 2% of 168 financial firms successfully deployed 100% effective email authentication.
Valimail 2017 Survey
Financial Services Information Sharing and Analysis Center (FS-ISAC)