Why email security must be a priority

Email has become an essential communication tool for businesses, but it also presents significant security risks. Cybercriminals are constantly evolving their tactics, making it challenging for organizations to keep up and protect their inboxes.

According to a recent report by Dark Reading, 94% of attacks originate from email, with phishing being the most common type. These BEC attacks can result in data breaches, financial losses, and damage to a company’s reputation. The Dark Reading report cites new cyber-insurance claims data to show email-based attacks continued to cost enterprises big bucks in 2024.

To combat these threats, businesses need a comprehensive email security solution that goes beyond traditional spam filters and antivirus software. That’s where Mimecast comes in.

A threat to your bottom line

Email fraud isn’t just an IT issue — it’s a direct threat to your bottom line. According to At-Bay's latest research, 2024 InsurSec Rankings: Email Security and Financial Fraud Report, email-related incidents surged by 24% in 2023. This reveals a troubling trend showing no sign of slowing as financial fraud continues to dominate the cyber threat landscape. The At-Bay report validates that Mimecast is the best option in blocking more email threats and reducing cyber-insurance claims.

Why email security matters

Organizations of all sizes depend on email for communication and collaboration. Unfortunately, the same features that make email such a useful and adaptable tool also make it an easy target for cyberattacks. Here’s why email security must be a priority:

1. Volume of threats. From fake invoices to fraudulent password reset emails, the methods attackers use are sophisticated and constantly evolving.
2. Human vulnerabilities. Social engineering tactics exploit human error, manipulating individuals to inadvertently click malicious links or share sensitive information.
3. Repercussions of an attack. From economic loss due to ransomware payments to reputational damage from leaked data, the costs are high. Beyond monetary implications, regulatory bodies may impose heavy fines for breaches of data protection laws.

What sets Mimecast apart in email security?

What distinguishes Mimecast from its competitors is its comprehensive and proactive approach to the prevention of email fraud.

• Advanced AI: Mimecast utilizes AI to identify and neutralize threats before they reach your inbox. AI-only solutions often generate false positives, requiring constant tuning and human oversight.
• Anti-fraud tools: Advanced anti-phishing, anti-spoofing, and fraud detection tools mitigate financial fraud effectively. 
• Real-time threat detection: Mimecast adapts to emerging threats as they evolve, ensuring continuous protection. 
• Commitment to innovation: At-Bay’s data highlights that Mimecast has improved its performance year-over-year, enabling businesses to stay ahead of increasingly

The benefits of choosing Mimecast

Mimecast doesn’t wait for damage to occur; it actively scans, analyzes, and prevents threats in real time. Its proactive approach provides peace of mind, ensuring maximum protection. Our all-in-one platform reduces the need for separate tools to handle spam filtering, encryption, and continuity. This simplicity leads to lower total costs for organizations while improving efficiency and security.

With advanced spam filtering and threat detection, organizations can minimize disruptions caused by unwanted or harmful emails. Employees can focus on meaningful work instead of constantly dealing with malicious emails.

Mimecast’s customizable and scalable solutions fit organizations of any size. Its adaptability and flexibility ensure every business gets exactly what it needs from an email security solution.

Staying ahead of risks 

Email remains one of the most high-risk channels for organizations, but with a strong security solution like Mimecast, businesses can significantly mitigate these risks. By taking a proactive and comprehensive approach, Mimecast empowers organizations to protect their inboxes while ensuring smooth, uninterrupted communication.

If your organization isn’t prioritizing email security, now is the time to act. Want to experience Mimecast’s effectiveness firsthand? Learn more and explore how Mimecast can safeguard your business against emerging threats.

Learn more about Mimecast’s Email Security here.

This blog is an updated version of a December 2024 blog, Why Mimecast Leads the Fight Against Email Fraud in 2024.