Email Security Intelligence - Ransomware Drives Demand for Fully-Managed Email Security Services

Organizations, especially small and medium-sized businesses (SMBs), face more prevalent, costly, and damaging daily email threats. Companies with minimal or nonexistent IT departments and cybersecurity tools cannot afford data loss, reputational harm, and significant downtime resulting from email security breaches.

Such businesses need a managed service that prioritizes email protection so the company can keep their attention on daily operations. Osterman Research reports that fifty percent of organizations have switched to managed security services, while twenty percent say they hope to switch.

Having fully managed email security services can help companies that struggle to afford an in-house security team. This type of software can combine automated monitoring and management with Artificial Intelligence (AI) and expert analysis to help bolster a company's security. As more types of ransomware variants spread, the demand for such services grows increasingly vital. This article will discuss ransomware, the most recent email threats, and various best practices for email security to consider when strengthening your business' security needs.

How Can Threat Actors Infiltrate and Damage Businesses?

Following the pandemic, more companies are converting to hybrid and fully remote work environments daily. However, such a transition has given cybercriminals more opportunities to perfect their craft and instigate new, more damaging email security breaches. Google Workspaces and Microsoft 365 security features are not the most effective against most risks, which can leave employees and clients vulnerable to data theft. While these platforms work great for communication and collaboration, causing business migration in the first place, they need more robust cloud email security to prevent malicious attacks in their tracks.

Threat actors exploit overworked IT staff, misconfigured cybersecurity platforms, and weakly organized endpoints to inflict data loss, cause reputational damage, and harm a business's finances. Attacks like business email compromise, account takeovers, and general phishing email attacks can result from poor administration, allowing threat actors to take advantage of compromised accounts.

According to the FBI, fileless malware and Zero-Day exploits can evade built-in cloud email security defenses, as thirty percent of phishing attempts succeed in getting through to users. Email protection software capable of preventing phishing, malware ransomware, and other malicious email attacks is necessary for keeping a secure, productive organization for this year and beyond.

What is the Main Challenge with Ransomware Attacks Today?

Various SMBs lack the resources and expertise to defend against modern email threats efficiently and effectively. Most SMBs do not have a full-time IT department or a security administrator since hiring one could be above budget. Unfortunately, even if an SMB can find someone, they are not often adequately trained in essential email security awareness to the extent they should be. SMBs can benefit from these cybersecurity tools.

Cybercriminals, however, do not always concern themselves with the size of the business, so even large organizations can face email security breaches that cause financial loss, significant downtime, or even permanent closure. Such consequences can leave employees out of jobs and companies fighting to stay afloat. Forty percent of SMBs face email threats daily, leaving their clients, reputations, and businesses at risk if they have not patched any cybersecurity vulnerabilities on their servers.

Investing in managed email security services can enhance overall security, optimize company efficiency, and provide peace of mind, allowing you to focus on daily operations rather than the risks you might face from a threat actor. These services act as a remote extension of your IT team by taking on the responsibilities of security professionals to oversee your entire platform, preventing phishing campaigns from reaching users through malware URL scanners, spam filtering techniques, and advanced threat protection software.

Why Should I Install Managed Email Security Services for My Business?

Security teams can no longer keep up with the latest phishing emails and ransomware attacks that can harm a business. Therefore, having managed security means that people on your team are constantly focused on prioritizing and improving your web and email security, thus avoiding email fraud, forced compliance, and other cybersecurity issues. Here are a few of the main reasons organizations make this switch:

• The complex, expanding threat surface is more accessible to stay on top of with the correct email security team on your side.
• Privacy and security regulations have become more rigid, so organizations must determine the best way to approach such policies.
• The frequency and success of cyberattacks are intimidating to companies who need more resources to prevent the risk.
• There is a shortage of cybersecurity professionals who can work as their entire IT team for one business.
• Managing multiple email security systems at once can be difficult, and having them all in one place is much simpler.
• The number of alerts increases daily as new email threat variants develop and more are discovered.
• SMBs cannot focus on security operation strategies since they have other priorities.
• Companies could experience a potential reduction in costs by only using one platform.

How Can I Pick the Right Email Security Solution?

Fortunately, various options exist when deciding on the best for your business. Here are a few of the best things to consider when approaching your research and making the final decision on what email security services to implement for your company:

• Determine your business’ security needs, compliance requirements, use cases, and anything else you want to establish when speaking with a professional.
• Rather than checking out the technologies, focus on what outcomes you want to experience, whether that is being able to patch vulnerabilities or quarantine emails.
• Determine how your team will work alongside a managed email security service so everyone benefits from the assistance.
• Ensure you can integrate your current cloud email solutions into the new systems you will be installing.
• Consider the best practices for email security when employing a third-party risk management server, and trust your gut on which options you prefer most.

Keep Learning About Managed Email Security

Businesses constantly facing malware ransomware, CEO fraud, and other modern email threats must implement fully managed email security software to mitigate risks while allowing organizations to focus on other daily operations. Consider the above recommendations when choosing the best solution for your business. Understanding the benefits and the best procedure for looking for a service can help you make the final decision so your company continues to thrive.

• A comprehensive email security system can help prevent advanced threats, such as targeted spear phishing and ransomware. 
• Learn how to protect your business from ransomware.
• Get the latest updates on how to stay safe online.