While the blockage of legitimate e-mail is annoying,
it's a small price to pay considering the number of threats launched against e-mail from spammers, fraudsters and virus writers. Coupled with the increasingly stringent state and federal regulations aimed at protecting the availability, confidentiality, privacy and security of protected financial and health information, security managers are paying more attention to e-mail security than ever.
Although anti-virus and antispam technologies thwart the majority of e-mail-borne threats, inboxes need higher levels of protection to block new and rapidly replicating threats such as mass-mailing worms like Zotob.C, which struck in August.
"That way enterprises can start quarantining all incoming e-mail with attachments until signatures are available."
Mark Pfefferman is one of those managers. As more spam and viruses managed to evade his filters, Pfefferman sought a better defense.
"We knew our first layer of defense was no longer sufficient," he says. As director of distributed computing services, he's responsible for protecting Western & Southern Financial Group, a $2 billion provider of insurance and financial services. For years, he protected the company's 4,200 PCs from viruses and spam with a layered security defense that included blocking proscribed types e-mail attachments and utilizing "hundreds and hundreds of firewall rules."
In October 2004, Western & Southern deployed IronPort's C60 e-mail security appliance, providing reputation and antivirus filters to identify and block spam and viruses. These appliances analyze the sender of the e-mail and quarantine or block e-mails from sources known to spam or transmit viruses.
For Pfefferman, IronPort's Virus Outbreak filters offer an early line of defense by intelligently quarantining suspicious e-mail during the earliest stages of a virus outbreak--before the company's Sophos antivirus signatures have been updated.
Within four months of deployment, the IronPort appliance blocked about 15 million spam e-mails and 3,400 viruses.
"You can watch [the spammers] shoot their 'spam cannons,' with hundreds of thousands of spam messages flying out over the weekend," says Pfefferman. IronPort's advanced virus warning system is also a welcomed pre-emptive defense. "We're alerted several times a month to possible virus outbreaks. Suspicious e-mails are quarantined until virus updates are pushed out."
IronPort's early warning filters can notify companies to quarantine or block certain messages 10 to 12 hours in advance of antivirus signatures, according to Joel Snyder, senior partner at Tucson, Ariz.-based networking and security consulting firm Opus One. These filters could prove helpful at stopping future techniques that spammers will undoubtedly employ to mass-mail their scourge, he adds.
Highly Targeted Phishing Attacks
Another trend security managers and analysts say they're witnessing is the growing number of highly targeted attacks aimed at specific companies, regional financial services firms and banks.
"We're seeing more spoofed e-mails that appear to be coming from internal employees, but are really phishing attacks attempting to grab passwords or lure users to malicious Web sites," says Gene Fredriksen, vice president of information security at Raymond James and Associates.
By shooting a few dozen highly targeted e-mails, rather than spamming out thousands, fraudsters are often able
to sidestep antispam filters.
"Typical white lists and e-mail throttling filters aren't effective against these [specific] types of attacks," says Gartner's Pescatore. But filters like Microsoft's anticipated antiphishing toolbar, bundled with Internet Explorer 7, is heralded to block users from accessing known phishing Web sites, and to spot suspicious URLs embedded within e-mails.
That's good news to Fredrikson. "Phishing attacks can be devastating to a corporation's brand. Any technology that will help increase security outside of the corporate perimeter is welcome," he says.
And not just corporate image is at risk. The spike in phishing attacks--combined with rising identity-theft fears--is quickly eroding trust in e-commerce. In a report earlier this year, Gartner estimated that the loss of trust could squeeze e-commerce growth by 3 percent and cost corporations billions in lost revenue.
Dan Lissek, information technology director for international law firm Holme Roberts & Owen, already knew the perils of insecure inboxes. Lissek estimates that during 2003, 30 percent of e-mail sent to the firm was spam and phishing attacks; the figure reached roughly 70 percent by early 2004. To make matters worse, the firm's 215-plus attorneys were spending at least 30 minutes a day sifting through junk e-mail--too much time for a business that relies on billable hours. Meanwhile, Lissek's IT staff had to respond to spam inquires from employees and sort through lengthy spam filter reports.
"We had to do something," says Lissek, "to stop our IT department from having to manage an internal filtering system that was pretty much unsuccessful and very labor intensive."
In 2003, the firm's defensive measures included MX Logic's managed E-mail Defense Service. According to Lissek, when he cranked the filters up to their highest levels, "all of a sudden my Exchange administrator, my technical support manager and their staff weren't spending time on [sorting through junk e-mail], and our attorneys got a good portion of their day back."
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Buyers Guide |
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Click here for a comprehensive list of e-mail security solutions available today (PDF).
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Richard Smith, director of information technology for R.W. Smith & Associates, a facilitator of trades between securities dealers and dealer banks, saves all of his spam. While e-mail worms and viruses aren't a problem, complying with stringent regulations certainly is. The Kirkland, Wash., firm receives 33,000 to 68,000 e-mails each month. To keep those messages clean of spam and viruses, it relies on two open-source tools--SpamAssassin and ClamAV.
"[These products] get a lot, but not everything," Smith says. "There's still a substantial amount of spam that gets through." Smith's greatest concern is making sure that the firm is ready with a communications report at a moment's notice should regulators arrive.
That's why R.W. Smith & Associates deployed Captaris Inc.'s Exchange Archive Link to capture and archive all of the company's inbound and outbound e-mail. According to Smith, the software makes it possible for the firm to transparently create a copy of and index each e-mail.
According to SEC regulations, many financial organizations have to ensure that covered e-mails are captured, stored, indexed and searchable. "But they don't necessarily tell you which e-mails you can omit and which you can't," Smith says. So he saves everything.
Should regulators ask Smith to produce copies of e-mails, the Captaris application gives him the ability to search, view and sort each e-mail, and deliver it to the auditors on various storage media, such as recordable DVDs. The system's archival e-mail system, including hardware, software and training, costs about $13,000.
"The ROI was quick, about three months," says Smith.
The real ROI, though, came quickly after the installation. Not only did the firm undergo its required annual third-party compliance audit, but it also got a visit from regulatory bodies.
"When [the auditors] request a drop (a period of time), they're not interested in what the software might have flagged as spam and what it didn't. They want to see everything, and there are no exceptions," says Smith. Fortunately, Smith was able to provide copies of all the communications the auditors requested within the requested timeframe. "Without Captaris, we simply wouldn't have been able to produce the report in time."
While no one expects the heat from regulations to let up any time soon, neither will the threats of viruses and worms targeting inboxes. With security researchers predicting that virus writers will increasingly devise methods to sidestep antivirus applications, and spammers getting all too creative in blasting their sludge e-mails, the original killer application will continue to be in the IT security flashpoint.
Security researchers and industry analysts predict that increasingly popular targets for virus writers will be smart phones and PDAs. Security vendor McAfee last year identified five malicious applications that target mobile phones; that number reached 50 during the first quarter of this year.
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For Your Inbox |
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Click here to arm yourself against attacks with practical advice from e-mail security experts (PDF).
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Although neither e-mail viruses nor spam are now a problem for the mobile devices at Holme Roberts & Owen, Lissek is on the lookout for such threats.
"I'd never say that we're 100 percent safe," he says. "We're always leery of what's going on, and staying on top of the next threats to come."
That's probably the proper stance for anyone with an inbox.