Stop impersonation: DMARC for the
financial sector
The digitization of banking and financial services as well as the vast amounts of valuable sensitive data and funds involved, has made financial institutions like yours top targets for cybercriminals.
DMARC steps in to provide full visibility and control of email activity, securing your business and customers against cyberthreats like impersonation, phishing and spoofing.
Why the financial sector needs DMARC
As a prime target, your financial organization can’t afford to overlook the critical security measures necessary to protect against increasingly sophisticated cyberattacks. If successful, an attack could cause massive and sometimes irreparable business damage including:
Financial
loss
Financial loss
Reduced customer trust
Reputational damage
Lost
business
Lost business
Intellectual property theft
DMARC provides a critical layer of protection for your financial institution. By verifying that emails are really from the domain they claim to be from, DMARC helps stop fraudsters from exploiting your email domain to launch attacks.
This guards against fraudulent communications, helping to maintain customer confidence that their information is secure in a digital era where trust is as valuable as the assets or data you’re managing.
Cybercrime in finance: Understanding the threats
If not DMARC protected, cybercriminals can use a domain to impersonate financial advisors, banking institutions, investment firms, credit unions or any other individual or business they choose.
Through attacks like spoofing, phishing, business email compromise or social engineering, cybercriminals can breach customer credentials and accounts to action payment rerouting, ransomware distribution and more.
Targeting increased by over 330%
Between 2019 and 2023, data breaches targeting financial institutions increased by more than 330%
2nd Highest monetary losses
Monetary losses due to cyberattacks in the global financial industry ranked second highest for the third consecutive year in 2023
46% of attacks involved phishing
In 2021, 46% of cyberattacks against organizations in the financial sector involved phishing, making it the most common attack vector in the industry
Sources: Statista, AAG IT
DMARC with Sendmarc:
Benefits for financial businesses
Enhanced email integrity & trust
By ensuring that only legitimate emails sent from your domain ever reach an inbox Sendmarc strengthens your business’s reputation as a trusted sender. This builds customer confidence in communications from their bank or financial service provider and provides peace of mind that you’re protecting their data.
Improved email deliverability
DMARC improves email deliverability by reducing the likelihood of your organization’s emails being marked as spam. This ensures that important communications, such as transaction notifications and account updates, reach customers without delay.
Strengthened brand protection
With Sendmarc’s DMARC solution in place, your organization can rest assured that internal and external recipients are safe from fraudulent emails being sent from your domain. This stops cybercriminals from spoofing your brand, accessing accounts or stealing customers’ personal information.
Boosted compliance
Financial institutions are required to comply with various global regulatory standards and rules that mandate strict data protection measures. DMARC provides compliance with these, including Google and Yahoo sender rules, the PCI DSS, GDPR and more.
Full email visibility & control
Sendmarc’s intuitive DMARC platform provides visibility of all senders attempting to use your domain, enabling early threat detection. It gathers and enriches reporting data to offer actionable insights for protection and allows you to take immediate action to prevent domain abuse.
Does your business need DMARC?
Find out in one click
Discover your organization’s vulnerability to email-based cyberattacks. Simply add your email address below. All it takes is a few seconds and could save your company millions.
Ready to secure your business
with DMARC?
Book a demo
Fill out the form below to book a 30-minute meeting with us and we’ll take you through how we can help you protect your financial institution against impersonation with seamless DMARC implementation and management.
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