Guardian Digital Blog - Page No: 3.5714285714286

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The financial services industry is rapidly transforming to meet clients’ evolving needs. Banks, credit unions and other financial services organizations are mobilizing their people and technology to maximize speed, choice and convenience for their customers. These changes are presenting companies with new challenges and increased digital risk, with email-borne attacks being the predominant concern. Over ninety percent of all cyberattacks and breaches - which can shake any comany in this industry to the core with data theft, expensive downtime and lost client trust - can be attributed to email-borne phishing attacks.

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Although this digital age has brought much innovation and convenience to businesses, it has also ushered in new threats. Cyber crime, the majority of which can be attributed to phishing and other email-borne attacks, is a pressing concern that has plagued businesses for years, and it has become an even bigger threat now that malicious attackers are finding more complex methods to bypass security measures. Add to that the lack of digital safety employed by businesses and their staff, and it becomes clear why cyberattacks have increased significantly in recent years. Ransomware attacks grew by 485% in 2020, many of which exploited the COVID-19 pandemic.

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Email threats are ever-evolving. Cyber criminals are persistent in their efforts, continually working on perfecting their craft - employing new, increasingly sophisticated methods, tactics and techniques to deceive users, evade security defenses, and ultimately, get paid. Too many businesses are struggling to adapt and adjust to this modern digital threat landscape, or have failed to make email security the priority that it needs to be - leaving users and key assets at great risk. 

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You’re probably familiar with phishing - the prominent email attack that deceives recipients to gain access to their confidential information - often results in serious consequences for its victims, including loss of revenue, reputation, and even forcing some to cease operations completely.

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Businesses are relying more heavily on cloud email than ever in order to operate in this challenging remote environment, and are frequently sacrificing the security of their users, their data and their reputation by failing to fortify cloud email with critical supplementary protection. In this WFH (work-from-home) world, many organizations have hurriedly migrated to vulnerable cloud platforms like Microsoft Office 365 and Google Workspace to accomodate remote workers.

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On April 12, 2021, the Apache SpamAssassin Project announced the release of Apache SpamAssassin Version 3.4.6 mitigating two small but potentially annoying bugs introduced in Version 3.4.5, which was created to fix a few security vulnerabilities just a few weeks ago.

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