Building Digital Fortresses
Learn how our client fortified their email defenses, reduced potential losses, and increased their ability to identify malicious emails by 89% with ETS.
Introduction
As a renowned player in the global payment industry, our client has a substantial global presence with a diverse team of 3200 employees across 23 locations worldwide. Despite their significant investments in security measures such as firewalls, anti-spam systems, and Sandbox environments managed by their in-house IT team, they were constantly attacked by sophisticated phishing scams that evaded these measures.
The ongoing phishing threats not only put their considerable assets and reputation at risk but also caused a heightened sense of fear and stress among their employees. They urgently sought a solution that could rigorously test and improve their Secure Gateway Solutions, ensuring a robust defense against these phishing threats.
After an extensive search for solutions, they discovered that Keepnet Labs offered a comprehensive, automated, and scalable solution to their challenges. Keepnet's unique product, the Email Threat Simulator, was designed to tackle precisely the issues our client was facing. This innovative solution provided rigorous testing of their Secure Gateway solutions, along with continuous monitoring and improvement feedback, making it a perfect fit for their needs. They were especially drawn to the continuous scanning feature, which enabled them to monitor their email security risks and track their progress.
Successful Outcomes
- The potential financial loss was reduced by $4,408,200 per year.
- In just 12 months, the client's malicious email blocking efficiency improved by 97%.
Decoding the Impact of Phishing Attacks
Without a well-designed defense against phishing, our client was exposed to substantial threats. The challenge of phishing security was particularly complex due to their vast international operations. The potential consequences of these attacks cannot be overstated - a single successful phishing incident can cost businesses an average of over $1 million.
- Regulatory Obligations: In their industry, our client is bound by regulations that necessitate regular employee training on cyber threats. Failure to comply with these regulations could result in severe legal penalties.
- Financial Consequences: Successful phishing attacks leading to data breaches or ransom demands could result in substantial monetary losses.
- Reputational Damage: Any data breach could erode trust among clients, employees, and partners, potentially damaging their hard-earned reputation.
- Operational Interruptions: Addressing suspicious activities or mitigating actual attacks could disrupt normal business operations, impacting productivity and bottom-line results.
- Identity Theft and Fraud Risks: Phishing attacks often aim to steal sensitive information, opening the door to identity theft and possible fraud.
“In the payment industry, robust email security is essential. Keepnet's Email Threat Simulator has been a pivotal asset for us, delivering remarkable ROI. It's elevated our email blocking efficiency from 35% to 97%. The tool's ongoing monitoring and feedback empower us to bolster our defenses against evolving cyber threats. It's become an indispensable part of our email security strategy.”
James Stone - CISO of Global Payment CompanyReturn on Investment (ROI)
How Keepnet Labs Stepped In:
With Keepnet Labs, our client hardened their SEGs and blocked soft threats with the following achievements:
- Imitate Real Threats: By simulating more than 700+ actual attacks, the client proactively tested the effectiveness of their defense mechanisms (secure gateway solutions), ensuring preparedness against real-world threats.
- Visualize Exposures: Through comprehensive assessments, the client gained valuable insights into their systems' vulnerabilities and weaknesses. This clear visibility allowed them to identify potential entry points.
- Remediate Gaps: The client addressed and closed security gaps discovered during the evaluation process. By implementing appropriate measures, they effectively mitigated risks and bolstered their defenses.
- Resolve Security Misconfigurations The client identified and rectified missing or poorly configured email security options, fortifying its email defense.
- Progress Tracking: Detailed, timeline-based reports on scan results enabled constant monitoring and readiness against email attacks.
Operational Results
- Enhanced Security ROI: By addressing vulnerabilities, the client boosted their email blocking efficiency from 35% to 97%.
- Efficient and Cost-Effective: The security checks do not disrupt the client's work and save time.
- Address the security skills gap: Our client resolved the cybersecurity skills gap and strengthened protective measures.
Strategic Results
- Potential Savings: Our client achieved significant annual savings of $4,408,200.
- Continuous Protection: Like 24/7 security, ETS helped the client check for weak spots, providing ongoing protection.
- Optimizing Investments: The client assess the effectiveness of their investments and optimize their security spending.
Take Action Now
Take control of your email security today with our Email Threat Simulation. Sign up now for a FREE 15-day trial . See how we can help harden your secure gateway solutions and experience the power of continuous protection against email attacks.
