Hosted Email Security
Effective hosted email security stops malicious emails from carrying out attacks on a business. In today's digital environment, it's critical that MSPs find robust email security solutions to cut off these threats before that inflict harm. With the right tools, you and your clients can breathe easy.
Email Threats Keep Growing
Email remains the lifeblood for business communications and operations. But as the volume of email increases, so do the number of spam, spoofing, phishing, ransomware, malware, and other malicious attacks. With 2.6 billion emails exchanged every day, it’s only a matter of time before these attacks penetrate organizations, where they have been lurking stealthily for months before being detected.
That’s plenty of time for threat actors and cybercriminals to gain access to an organization’s most valuable, confidential and sensitive information. These attacks can jeopardize your company and its reputation, especially considering that government regulations now hold businesses accountable for safeguarding personal identification information and other sensitive customer data.
Protecting against the dynamically evolving threats pummeling the email landscape can be both costly and time-consuming. Without the ability to identify, analyze and expose targeted campaigns, attacks are unlikely to be thwarted before they reach their victims.
From Nuisance to Nasty
In 2014, two-thirds of all email traffic was spam, which is a nuisance that hindered productivity. Antispam and antivirus solutions were sufficient to block most of this unwanted traffic.
In recent times, however, the threat landscape has grown ominous, with malicious attacks targeting scores of businesses of all sizes. The attacks themselves have become more malevolent, with a wider range of motivations and schemes than ever before, including:
- Conventional spam attacks
- Malware attacks stemming from email attachments or links to phony websites
- Denial of service attacks that flood email servers with messages
- Phishing attacks
- Directory harvest attacks
In many cases, these attacks are designed to gain control over a computer. After a computer has been breached, it can be used for many nefarious purposes, including:
- Pilfering personal identity information.
- Identifying valid email addresses within an organization by overwhelming the email server with emails addressed to common names
- Migrating sensitive information off computers.
- Gaining control of a computer inside an organization to breach corporate networks.
- Using the infected computer to send spam or host illegal content.
- Holding the company network hostage until ransomware is paid.
- Redirecting huge sums of money to hacker accounts.
- Gathering corporate data, including databases and intellectual property.
- Using the infected computer as a stepping-stone to launch far-reaching attacks to other parts of the network.
- Launching attacks from the compromised network to the networks of partners or customers to which the company has access.
Outbound email presents another set of risks, including business damage, legal liability, and compliance violations stemming from inappropriate email and information leakage. Many companies of all shapes and sizes do not monitor outbound email, nor do they have acceptable usage policies in place, leaving them open to these risks.
To address modern email threats, companies must adopt comprehensive and cost-effective email security solutions that can scrub inbound and outbound traffic to reduce, if not eliminate, business risk.
Why Businesses Need a Third-Party Email Security Solution
News headlines frequently tout the proliferation of email-based spam and malware:
- Over one million web attacks were carried out against people each day in 2015.
- Phishing campaigns targeting employees increased 55%.
- Ransomware increased 35%.
In 2015, email breaches resulted in over half a billion personal information records being lost or stolen. The largest number (39%) of breaches occurred in the healthcare arena. Ironically, the healthcare industry is required to have some of the strictest controls for protecting the sensitive information of their patients, physicians, and staff.
In truth, the sad fact is that even with safeguards in place, 78 million patient records were breached at Anthem and 22 million personal records were exposed at the Office of Personnel Management.
Given the high-profile black eyes that prominent and lesser known companies received from email breaches over the past few years, an increasing number of businesses appear to be intentionally under-reporting the true scope of their breaches.
A recent survey, for example, revealed a drop in the total number of reported identities exposed from roughly 552 million in 2013 to approximately 348 million in 2014. In 2015, however, the number of exposed identities jumped to about 429 million.
In reality, the number of reported breaches in 2015 had the potential to expose roughly 500 million identities. This disparity makes the actual number of breached identities significantly higher than those reported, leading analysts to believe that companies aren't reporting everything.
The Most Costly Email Attacks
A survey of 200 U.S. companies with 1,000 or more employees found that 11% of the companies received wire fraud email attacks.
The following list identifies the five most costly wire-fraud breaches conducted through email in the last 15 months, according to Cloudmark:
- February 2016 – Crelan Bank, $76 million (Belgium)
- January 2016 – FACC, $54 million (Austria)
- August 2015 – Ubiquiti Networks, $46.7 million (US)
- January 2015 – Xoom Corporation, $30 million (US)
- February 2015 – Scoular Co, $17.2 million (US)
Turn to MSP Mail Protection
With statistics like those mentioned above, the threat of malicious emails, attachments, and web links remains a palpable danger to anyone sending or receiving email — activities performed countless times a day by nearly everyone in almost every business in today’s Internet-connected world. The bottom line is that no organization can afford to operate without an email security strategy.
MSP Mail Protection empowers you to stay on top of email-borne threats and ensure your systems aren't bogged down. MSP Mail Protection's security engines are continuously updated to identify the latest threats. And they block them before they hit your network and cause problems.
MSP Mail Protection also slashes hardware costs by eliminating the need to purchase email servers and other hardware and oversees daily maintenance of all email accounts. With no capital expenditure or start-up costs, you can minimize overhead expenses and concentrate on tasks that will grow your business.
Best of all,MSP Mail Protection delivers complete email protection from a single pane of glass. Even getting started is easy. Just set it up, grant access to your specified users and you're ready to go. You'll be up and running in minutes and there's nothing to install. It integrates with your on-premise infrastructures or popular cloud-based solutions, like Office 365™ and Google Apps™.
MSP Mail Protection also allows your company to always stay connected, even if your email server experiences an outage. It will queue messages automatically for up to 14 days. And employees can send or receive messages through the control panel when everything is down.
Get Complete Layered Security
MSP Mail Protection is just one piece of the larger security puzzle. SolarWinds MSP (formerly LOGICnow) is with MSPs every step of the way to help them safeguard their clients' sensitive data and provide business continuity.
Check out all of our layered security solutions and see for yourself how SolarWinds MSP gives you all the tools to keep your clients' businesses safe.
About SolarWinds MSP
SolarWinds MSP delivers the only 100% SaaS, fully cloud-based IT service management (ITSM) platform, backed by collective intelligence and the highest levels of layered security. SolarWinds MSP’s products including Risk Intelligence, Remote Management, Backup & Recovery and Mail Protection – comprise the market’s most widely trusted integrated solution.
Deployed on millions of endpoints across hundreds of thousands of networks, the platform has the industry vision to define and deliver the future of the market. SolarWinds MSP provides the most comprehensive IT security available as well as LOGICcards, the first ever IT notification feature powered by prescriptive analytics and machine learning.
SolarWinds MSP’s passion is helping IT professionals secure and manage their systems and data through actionable insights, rewriting the rules of IT.
For more information, visit www.solarwindsmsp.com/.