Vendor Email Compromise is Latest Identity Deception Attack

Identity deception attacks continue to grow, but the type of attack seems to be changing. During Q3, 2019, phishing campaigns impersonating brands dropped by 6% over the previous quarter. Attacks impersonating individuals, however, increased by 10%. The drop in brand impersonation may be partly related to increased industry adoption of DMARC, which is up 49% over the last year.


However, although DMARC is increasingly being implemented, it is not yet being effectively used. Only the "p=reject" enforcement option will protect against email-based brand impersonation scams. Germany and the U.S. are the two countries with the highest use of DMARC. Germany has a higher number of implementations than the U.S., but a lower percentage of DMARC records set to the p=reject enforcement level. This could improve over the next few years since the recommended DMARC implementation plan is to start with p=none, and work up to p=reject -- for many companies, DMARC implementation may still be in its early stages.


In the meantime, however, the latest Agari Email Fraud & Identity Deception Trends report (PDF) notes that more than 80% of Fortune 500 companies have no DMARC protection. Although only 38% have no DMARC at all (down from 59% in the same quarter last year), 44% of those with DMARC have yet to set an enforcement level. "Currently," says Agari, "only 13% of the Fortune 500 has a DMARC record set to the p=reject enforcement policy."


DMARC is a bit like vaccination. Just because ten people have been vaccinated, that doesn't prevent you from being infected by an eleventh unvaccinated person. A 95% vaccination rate is required before health officials will consider a country safe from a particular disease. The same principle applies to phishing ..

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