Experts agree that email-based cybercrime is the top threat to organizations worldwide. More than 80% of companies worldwide saw an increase in cyberattacks in 2020, a wave of cybercrime enabled by the complications brought to businesses by the global pandemic and the sudden shift to remote working. An enormous increase in email traffic also contributed to the problem, making email security just a little more difficult exactly when businesses didn’t need it to be.
That left many companies holding the bag as a huge problem emerged: with normal business at the office disrupted, it was challenging for IT teams to manage even their usual responsibilities, let alone the burden of new problems that sprung up from suddenly supporting a remote workforce. In the wake of the COVID-19 pandemic, 62% of IT departments are tightening their budgets, yet cybercrime is increasingly prominent. Companies and IT leaders have had to find new ways to get more work done with fewer hands while securing their companies against surging cybercrime – and many of them turned to security automation to get the job done.
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Rising Risk and Shrinking Time to Mitigate It
One of the major risk factors that IT teams had to contend with was a tidal wave of phishing. Phishing attempts increased by more than 660% at the start of the global pandemic. That precipitate increase meant that almost 75% of IT managers said that their companies had been successfully phished in the last year, an astonishing number that propelled many businesses into looking for new, better ways to protect their systems and data from phishing attacks.
Enter security automation. Major players in the IT world like IBM have been proponents of increased security automation for years. They’ve publicized the results of their studies on the benefits of security automation in order to show IT professionals just how powerful that tool can be. When considering how to reduce a company’s attack surface against phishing attacks, it pays to learn from their experience.
Microsoft lists “Smart and agile ways of working with tech-augmented workforce.” as one of its 6 key components of It in a future-ready, cyber resilient business.
The UK National Cybersecurity Defence Center contends “Using AI to support security…should be of great benefit, so long as the tool itself is well suited to the job.”
The US Department of Justice recommends using an automated email security solution that has the capability toto automatically scan all incoming email messages to winnow out phishing threats.
The US Cybersecurity & Infrastructure Security Agency (CISA) encourages companies to rely on smart automated email security “Deploy an email solution that screens based on headers and malicious content (e.g., malicious macros, infected attachments, etc.).
IBM notes in their “Cyber Resilient Organization Report 2020”: 63% of organizations said (AI & automation tools) lead to a strong cyber resilience security posture, and a strong privacy posture (60%).
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Why Are Leading Organizations Investing in AI & Automation?
Security automation offers companies myriad benefits. The IT skills shortage has created a personnel crisis for many IT departments. Security automation allows leaner teams to get more work done with less stress by automating repetitive processes. Adding AI to the mix gives overworked and overwhelmed security teams even more relief by providing a first-line resource that can think on its own to adjudicate incoming messages or gather threat intelligence, freeing up even more hours for techs. 76% of IT executives in a cybersecurity survey said that automation and AI maximized the efficiency of security staff. Leading organizations know that time is money and they’re doing everything they can to maximize the return on their payroll investment and their employees’ time.
These compelling reasons show just why smart businesses are embracing security automation.
- Automation tools can save up to 50% of recovery costs in the event of a cybersecurity incident.
- Security automation can save more than 80% of the cost of manual security.
- AI and security automation enabled organizations to respond to breaches nearly 30% faster than companies without security automation.
- 80% of leading organizations use security automation.
- More than 90% of business leaders say that automation is a must-have to manage large alert volumes with small IT teams.
- Security automation improves the performance of your SOC, increasing caseload capacity by 300% or more.
- 41% of companies employ AI security tools like automated email security.
- Experts agree that security automation is the number one way to reduce a company’s attack surface.
- Over 80% of leading cyber-resilient organizations spend more than 20% of their IT budget on tools that facilitate use of artificial intelligence, machine learning or robotic process automation.
- Companies investing in automation have a four-fold advantage in stopping a targeted cyberattack.
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Security Automation Becomes Your Company’s Saving Grace in the Event of a Cyberattack
In the IBM/Ponemon Institute “Cost of a Data Breach 2021” survey, the benefits of always-on AI technology in preventing and remediating breaches faster were indisputable. In today’s volatile risk landscape where businesses are increasingly experiencing a data breach because of a phishing email, speed is essential. With fully deployed security automation, companies averaged 175 days to identify a breach and 59 days to contain it, for a total incident resolution time of 234 days. Without security automation, companies averaged 228 days to identify a breach and 80 days to contain it, for a total incident resolution time of 308 days. But AI and security automation enabled organizations to respond to breaches nearly 30% faster than companies without security automation. Even better, AI reduced the mean response time to a breach by 79%, a critical advantage when every second counts. AI also helps prevent the need for incident response in the first place by enabling security tools to better spot and stop socially engineered phishing messages that can lead to a ransomware nightmare, an expensive data breach, a business email compromise disaster, or other unpleasant consequences.
Automation is Affordable
The best news of all for businesses that are considering security automation is that it is within reach for businesses of every size. Technology that included cutting-edge innovation like automation and AI used to be cost-prohibitive for the average SMB, but advances in those areas have made automated security solutions competitively priced, or even a better value than conventional solutions. Innovative solutions that utilize automation and AI also add value by giving businesses the chance to build strong security against today’s cyberattack risks and to do more with less while still increasing their security posture. After all the best way to keep employees from clicking on a phishing email and unleashing a disaster is to stop them from even seeing it in the first place. Plus, they just work better than the competition – automated email security solution like Graphus catches 40% more phishing messages than other types of email security including a SEG. Security automation gives you more protection for less money, something every business needs today and tomorrow.
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What to Look for In Your Automated Email Solution
Often when businesses choose new technology, the choice comes down to determining which solution in your price range is the least flawed. But choosing an email security solution shouldn’t have to be a calculation about which not-quite-right option you can afford. Look for a solution that packs all of your must-haves into one affordable package, Like Graphus. When you choose Graphus you’re getting a smart, automated email security solution powered by AI that’s also an amazing value. Just check out what some of our happy customers have to say about Graphus. Where else are you going to get all of these benefits without breaking the bank?
- Three layers of strong, dynamic protection between phishing email and your business
- AI powered by a patented algorithm that never stops learning to constantly refine your protection
- Transparent threat reporting and user-friendly control tools that anyone can use
- Clear employee warnings when a potentially dangerous but possibly important message arrives
- A fast, easy way for employees to request security checks on suspicious messages
- Immediate protection that deploys fast and works from Day 1 with no configuration
- Advanced defense against newly discovered phishing risks and Zero Day threats
- Seamless integration with O 365 and G Suite with no fussy maintenance or adjustments
Why choose a bargain solution that you can live with when you can choose an affordable solution that you can grow with? Stop phishing immediately with Graphus – the most simple, automated and affordable phishing defense available today. Contact one of our solutions specialists today and put automation to work for your business.