Phishing Prevention and Detection:
A GigaOm Market Landscape Report
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Phishing is the primary method for breaching businesses according to the Verizon Data breach report 2018. 96% of all attacks begin with phishing, so stopping phishes before they start has a huge ROI for security programs. From saving on security analysts time to lost productivity because of infected machines, everything is improved by stopping phishing before it can happen. The average pretexting or Business Email Compromise (BEC) attack costs companies around $130,000 each instance; which, for most companies, will be less than installing phishing protection.
With the majority of emails being opened on mobile devices, it's important to look at all vulnerabilities. How your enterprise incorporates existing capabilities into your threat model can mean the difference between a reactive program and a proactive, sustainable one. Understanding the privacy concerns and capabilities of phishing prevention vendors is the goal of this report.
This report will help C(x)Os and security practitioners evaluate phishing prevention solutions that reside between email servers and the internet that scan either email headers, attachments, the body, or some combination of them.
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Key findings include:
- Stopping phishing attacks before they are delivered provides economy of scale by reducing security teams’ workloads.
- Email security gateways provide enterprises with a method to proxy inbound email communication, detect and remove phishing as well as adequately address privacy concerns.
- The vast majority of prevention solutions take place between the internet and the email service.
- While other players in the space focus on endpoint detection and prevention, the goal of companies we talked with is primarily focused on removing the phishing attack before it hits the inbox.