{"id":21398,"date":"2021-03-10T13:26:00","date_gmt":"2021-03-10T10:26:00","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=21398"},"modified":"2026-03-27T20:42:21","modified_gmt":"2026-03-27T17:42:21","slug":"major-middle-east-companies-leaving-customers-at-risk-of-email-fraud-proofpoint-and-help-ag-study","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/major-middle-east-companies-leaving-customers-at-risk-of-email-fraud-proofpoint-and-help-ag-study\/","title":{"rendered":"Major Middle East Companies Leaving Customers at Risk of Email Fraud: Proofpoint and Help AG Study"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\"><em>76% of the Top 100 companies in the Middle East are not proactively blocking fraudulent emails from reaching customers&nbsp;&nbsp;<\/em><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/saudishopper.com.sa\/ar\/?p=37748\" target=\"_blank\" rel=\"noreferrer noopener\">\u0639\u0631\u0628\u064a<\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>DUBAI, March 10, 2021 &#8211;<\/strong>&nbsp;<a href=\"https:\/\/www.proofpoint.com\/de\" target=\"_blank\" rel=\"noreferrer noopener\">Proofpoint, Inc.<\/a>&nbsp;(NASDAQ: PFPT), a leading next-generation cybersecurity and compliance company, in collaboration with its strategic partner&nbsp;<a href=\"https:\/\/www.helpag.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Help AG<\/a>, the cybersecurity arm of Etisalat Digital,&nbsp;today released research&nbsp;identifying that almost a third (31%) of the Forbes Top 100 Middle East Companies do not have a Domain-based Message Authentication, Reporting &amp; Conformance (DMARC) record in place, leaving their customers at risk of email fraud. The lack of a DMARC record makes companies potentially more susceptible to cybercriminals spoofing their identity and increases the risk of email fraud targeting their customers.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">More worryingly, only a quarter (24%) of the Top 100 Middle East Companies have \u2018reject\u2019 in place, which means a large majority (76%) are not proactively blocking fraudulent emails from reaching customers. Reject is the strictest and recommended level of DMARC protection, a setting, and policy that actively blocks fraudulent emails from reaching their intended target.\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Email is and will continue to be, the initial attack vector of choice for cybercriminals.\u00a0<a href=\"https:\/\/www.proofpoint.com\/sites\/default\/files\/2020-05\/Proofpoint_UAE%20CISO%20REPORT_May%202020_FINAL.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">In fact, recent Proofpoint research on CISOs and CSOs in the UAE illustrated that 15% of organizations suffered a phishing attack in 2019, with an additional 15% suffering a Business Email Compromise (BEC) attack.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>For many organizations, the road to easing email fraud risk is paved with\u00a0DMARC,\u00a0an email protocol being adopted globally as the passport control of the email security world. It verifies that the purported domain of the sender has not been impersonated. DMARC verification relies on the established DKIM (DomainKeys Identified Mail) and SPF (Sender Policy Framework) standards to ensure the email is not spoofing the domain.\u00a0DMARC is designed to protect\u00a0employees, customers, and partners from cybercriminals looking to impersonate a trusted domain.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>DMARC Adoption Across Top 100 Middle East Companies&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To gauge how quickly the DMARC standard is being adopted across the Middle East, Proofpoint, in collaboration with Help AG, analyzed the primary corporate domains of all of the\u00a0<a href=\"https:\/\/www.forbesmiddleeast.com\/list\/the-middle-easts-top-100-companies-2020\" target=\"_blank\" rel=\"noreferrer noopener\">Forbes Top 100 Middle East Companies<\/a>:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Key findings include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Only 24 percent of the Top 100 Middle East organizations<\/strong>\u00a0have implemented \u2018reject,\u2019 the strictest and recommended level of DMARC protection, leaving\u00a0<strong>76 percent<\/strong>\u00a0at risk of subjecting customers to email fraud.\u00a0<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>In total,\u00a0<strong>69 percent of\u00a0the Top 100 Middle East companies have published DMARC records\u00a0<\/strong>to begin protecting their employees, customers, and partners from some forms of email fraud.\u00a0This means, 31 percent have no policy in place to protect them from domain spoofing.\u00a0\u00a0<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Some industries lead the charge for the rate of DMARC adoption &#8211;\u00a0<strong>100 percent of logistics companies and 80 percent of banking and financial services providers have published a DMARC record.<\/strong>\u00a0However, some other industries clearly lag &#8211;\u00a0<strong>only 50 percent of real estate and construction firms and only 20 percent of companies from the retail sector have started their DMARC journey.<\/strong><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cEmail fraud continues to provide great returns for cybercriminals, and our latest research confirms that it\u2018s not going away,\u201d said Emile Abou Saleh, regional director of the Middle East and Africa for Proofpoint. \u201cAs these threats grow in scope and sophistication, it is critical that organizations shore up their defenses against email fraud by adopting technology like DMARC to protect their brand against impersonation. Additionally, as cybercriminals take advantage of the human factor to execute their campaigns, companies need to ensure they deploy effective security awareness training to\u00a0educate employees about best practices as well as establish a people-centric strategy to defend against threat actors\u2019 unwavering focus on compromising end users.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cAs a leading cybersecurity services provider in the Middle East, it\u2019s vital that we raise awareness of the dangerous risk of email threats that the top businesses in the region face. Email-borne cyberattacks are undoubtedly on the rise, and organizations can take simple, recommended steps to protect their customers from the risk of email fraud by implementing a DMARC policy,\u201d said Stephan Berner, CEO at Help AG. \u201cAt Help AG, we have started our DMARC journey and strive to enable more and more businesses in the region to do so too \u2013 and fast.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Help AG and Proofpoint have an ongoing partnership that offers leading cybersecurity awareness solutions to companies in the Middle East. This partnership now extends to wider offerings, such as\u00a0<a href=\"https:\/\/www.proofpoint.com\/uk\/products\/email-protection\">Proofpoint\u2019s Email Security Solutions<\/a>.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>76% of the Top 100 companies in the Middle East are not proactively blocking fraudulent emails from reaching customers&nbsp;&nbsp; DUBAI, March 10, 2021 &#8211;&nbsp;Proofpoint, Inc.&nbsp;(NASDAQ: PFPT), a leading next-generation cybersecurity and compliance company, in collaboration with its strategic partner&nbsp;Help AG, the cybersecurity arm of Etisalat Digital,&nbsp;today released research&nbsp;identifying that almost a third (31%) of the [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":21402,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":439,"_extra_hide_author_box":"","_extra_featured_post":"0","_partner_post_id":0,"footnotes":""},"categories":[439],"tags":[],"class_list":["post-21398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>email fraud - Major Middle East Firms Leaving Customers | Saudi Shopper<\/title>\n<meta name=\"description\" content=\"Email fraud: study shows many Middle East companies aren\u2019t blocking malicious emails. 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