Agari Q2 Email TrustIndex Shows Where Consumers are Most Protected or Vulnerable to Attack Across Industry Sectors Including Financial Services, Travel & Gaming

Findings Show Consumers Are 7 Times More Likely to Receive a Malicious Email from their Bank; Social Media Continues Streak As the Leader in Protecting Consumers

Agari Q2 TrustScores (Graphic: Business Wire)

SAN MATEO, Calif.--()--Agari, a leading provider of a SaaS security solution that analyzes a company’s email ecosystem and eliminates threats to consumers, today released the second quarter edition of the Agari Email TrustIndex™. The TrustIndex shows consumers and brands alike which industries have the highest threat of email cyber-attack and which are the most diligent in securing email, protecting consumer information and brand reputation at the same time. Many consumers are still unaware that 95% of all data breaches start with a phishing email, and are even less aware of which industries are leaders in protection and which are not.

For this quarter’s Email TrustIndex, which is based on data gathered from April through June of this year, Agari has seen improvement across a wide range of industries as companies begin to embrace the need to authenticate email and prevent consumers from being victimized by cyber-attacks. However, despite the gains, several industries still remain at high risk. The second quarter findings show that Financial Services continues to be the most heavily targeted sector for malicious activity and therefore the riskiest for consumers. Travel is another sector where consumers should be wary – only a half of the companies Agari analyzed for this report are taking any steps to secure their email channel and only one is starting to implement DMARC to and prevent phishing attacks from reaching consumers.

Report Highlights as of calendar quarter ending June 30, 2013:

  • Social Media continues to lead all sectors in the adoption of email security.
  • Financial Services made significant improvement over last quarter, as they have aggressively adopted the DMARC standard to protect their email channel. Despite improved defenses, the financial services sector is still the most vulnerable to cyber-attack – the level of threat in this sector more than doubled from the previous quarter.
  • Logistics improved slightly compared to last quarter and has stepped up efforts following a well-publicized phishing attack that spoofed the IRS in April.
  • E-commerce recorded one of the greatest improvements, growing trust by 9% as industry titans began to aggressively expand their email authentication programs.
  • Online Gaming is the newest sector to be included in the Agari Email TrustIndex and was rated as one of the poorer performing sectors in aggregate.

“Over the last 90 days, we are slowly seeing a change of behavior by various industries as they have begun to more aggressively focus on email authentication and security to protect their email channel and minimize their risk of attack,” said Patrick Peterson, Agari’s Founder & CEO and an enterprise security leader. “Cybercriminals are also increasing their level of sophistication and shifting techniques to defraud consumers so it is more important than ever that companies remain vigilant to protect consumers and their brands from malicious activity.”

A free copy of the Q2 Agari Email TrustIndex is available at http://info.agari.com/agari-email-trust-index-q2-2013. For more information about our research and methodology, please call or email Agari at 650-627-7667 or info@agari.com.

About Agari

Agari collects terabytes of email data from sources across the Internet to provide global brands and security professionals with a cloud-based SaaS solution that eliminates email threats, protects customers and their personal data, and proactively guards brand reputation. Today, Agari protects more than 80 percent of US consumer email inboxes and on a daily basis processes more than 2.3 billion messages, stops over four million suspicious emails, and detects over 40,000 malicious URLs. Founded by the thought leaders behind Cisco’s IronPort solutions, Agari is headquartered in Silicon Valley and is backed by Alloy Ventures, Battery Ventures, First Round Capital, and Greylock Partners. Additional information is available at http://www.agari.com.

Contacts

LMGPR
Woody Mosqueda, 408-993-9113
woody@lmgpr.com

Release Summary

Agari Q2 Email TrustIndex™ Shows Where Consumers are Most Protected or Vulnerable to Attack Across Industry Sectors Including Financial Services, Travel & Gaming

Contacts

LMGPR
Woody Mosqueda, 408-993-9113
woody@lmgpr.com