Armorblox has announced that it is adding Armorblox Vendor and Supply Chain Attack Protection to its cloud-delivered email security platform. This will help protect organizations from the biggest challenge in today’s threat landscape: vendor email compromise and the ensuing supply chain attacks.
Email-based financial fraud attacks have a higher chance of slipping past legacy email security solutions due to their increased sophistication. According to the 2022 Armorblox Email Security Threat Report, 2 out of 5 (44%) financial fraud attempts happened as wire fraud, invoice fraud, or vendor fraud over email
“Attackers target vendors because it’s proven to be an effective and lucrative way to initiate supply chain attacks; one compromised vendor can lead to hundreds or thousands of victims” said DJ Sampath, Co-founder and CEO of Armorblox. “Effective mitigation requires an email security solution with custom models that understand the unique attack surface for each organization, rather than a one-size-fits-all approach from legacy solutions.”
