Organizations around the world now face unprecedented challenges in preventing, detecting and responding to sophisticated phishing attacks like business email compromise (BEC). This type of attack is known by a few different names, including email impersonation, spear phishing, and CEO fraud. Typically, the end goal is to convince employees to wire money to fraudulent accounts or share protected information with attackers who are impersonating high-level executives.
Successful BEC attacks can be devastating to your reputation and your bottom line and security professionals know that 100% prevention isn't possible: The FBI estimates these attacks cost victims $26 billion from June 2016 to July 2019.
BEC attacks do not leverage malicious URLs or malware attachments, so they easily bypass signature-based prevention mechanisms used by SEGs, and other legacy BEC protection such as DMARC are only effective for a small subset of phishing threats.
In the face of increasingly sophisticated email attacks, many organizations are looking for answers to this question – and many are struggling to find a truly comprehensive solution. To give you the edge against attackers, the IRONSCALES SaaS platform takes an inside-out approach to e-mail security.
That means we start from the individual mailbox (or thousands of them) and work in the other direction, covering the full spectrum of BEC phishing challenges, both technical and non-technical, from internal and external relationship profiling to advanced content analysis and more, all in real-time. The aggregate of this information creates a baseline of normal communications that is consistently analyzed by machines to build out a unique fingerprint for every sender.
Backed by a powerful combination of smart automation and human intelligence, our platform provides additional impersonation and spoofing protection that DMARC and Secure Email Gateways cannot provide.
We also help your busy and unsuspecting employees with the detection and reporting of zero-day phishing attempts through InMail banner alerts, advanced sender fingerprinting, and detailed analysis of users’ inbox behavior from the get go.
All these tactics combine user participation with the power of AI to create positive feedback loops, so our algorithms can continue to learn, evolve, and adapt to emerging threats.