Email Security For Finance

Finance is one of the most frequently targeted industries when it comes to cybercrime and email-based attacks. And it’s easy to see why.
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The high-risk, high-value nature of the industry makes it an appealing target for attackers looking to inflict serious damage, while an increasingly digital-first world only means that more and more communications are taking place online.
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And with email currently taking the number one spot as the most frequently used mode of communication in business today, your employees’ inboxes are a playground for attackers. After all, who needs to go through the effort of planning a bank heist when a single piece of ransomware can infiltrate a system effortlessly via one, simple email, and do just as much damage?
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Email security includes a series of technologies that, when used together, defend your organization against inbound, outbound, and internal email threats. It’s all about covering all your bases and leaving no stone unturned, to ensure attacks are stopped and dealt with before they become more costly and damaging problems.

Regardless of business size, organizations in the financial services industry are more at risk—frankly, because they’re just more valuable targets than organizations in other industries. So, advanced security isn’t just a nice-to-have, but a must-have if you want to stay protected against a breach.
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Astonishingly, more than 90% of security breaches in the financial services industry are a direct result of email-based attacks—with phishing accounting for more than 80% of all attacks. So, email security needs to be a priority.
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For an industry that deals with highly sensitive and financially valuable data, client trust is everything. A breach or attack would not only suggest that you don’t take your own security seriously but that of your clients, too. This can greatly damage your reputation and, ultimately, lead to loss of business opportunities.
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As a high-risk, high-value industry, you need to adhere to strict regulatory compliance that’s put in place to keep your clients and their data safe—failing to do so could result in lawsuits and devastating fines. Email archiving, retention, and security come as standard in many regulatory frameworks.

A strong email security stack should cover all your bases—from protecting inbound, outbound, and internal emails to training users to spot suspicious content.
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Inbound email filtering works by identifying and automatically quarantining malicious and suspicious emails before they enter your network, protecting you from spam, phishing attacks, ransomware, and more.
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End-to-end encryption is vital for organizations dealing with high levels of sensitive data, and works by encrypting data both in transit and at rest.