Expect the Email Security Market to Reshape Drastically in 2021>
vm Blog.com – Abhishek Iyer
1. COVID related email fraud will continue to defraud organizations of all sizes

2. Large enterprises will require their third-party vendor ecosystem to beef up email security Large enterprises will revise their third-party vendor partnership requirements to protect against email compromise. There has been an observed spike in smaller vendors being compromised by cybercriminals, and the email accounts of those vendors being used as attack vectors against larger organizations that the vendors work with. These scams include fake invoices, phishing links to collect sensitive information, and other means to defraud organizations of money and data.

3. Continued migration to cloud email will encourage more organizations to go SEG-free in favor cloud-hosted API-based applications Cloud email adoption will force organizations to rethink their approach to email protection. Gartner projects at least 40% of all organizations will rely on built-in protection capabilities from cloud email providers as the main line of defense by 2023. Email moving to the cloud opens up avenues for better threat detection using AI, utilizing APIs to collect and analyze data, and more seamless post-click protection against email threats than is currently possible in deployments on premise.

4. Awareness and investments in “business workflow compromise” will increase as email based business workflows continue to dominate inside organizations CISOs and security leaders will consider âbusiness workflow compromise’ a key challenge to combat in 2021 and beyond. Employees participate in many digitized workflows (automated password resets, employees asking the payroll team to change direct deposit info, share Google Docs with colleagues, etc.), and executing on these workflows has become muscle memory by now. Cybercriminals are inserting themselves into these workflows using impersonation and social engineering to make their victims âclick before they think.’
Link: https://vmblog.com/archive/2021/01/19/armorblox-2021-predictions-expect-the-email-security-market-to-reshape-drastically-in-2021.aspx