Over 200 billion business-related emails are sent and received every single day and in a recent survey, over 62% of professionals admitted to having sent an email to the wrong recipient.
Email is the main artery of communication for most organizations around the world, and as such, remains the dominant channel over which sensitive information, trade secrets, and personal data are communicated. And while there is a big cross-industry focus on mitigating inbound risks to data security, data breaches caused by human error are too often critically overlooked – more than 60% of organizations have no measures in place to prevent accidental data leaks over email.
This is the perfect storm of factors leading to corporate data loss. Accidentally sending out confidential financial models, intellectual property, or customers confidential healthcare information can put your reputation at risk, incur huge fines, and potential place you in breach of contract. And with data protection regulations the stakes are only higher.
"(...) fines for non-compliance will rise to a maximum of 4% of annual global turnover, or €20m, whichever is greater."
Under the General Data Protection Regulation (GDPR), organizations' data protection procedures will be placed under much greater scrutiny. The UK's Data Protection Authority, the Information Commissioner's Office (ICO), will be able to impose higher penalties on companies it determines to be non-compliant, and fines for non-compliance will rise to a maximum of 4% of annual global turnover, or €20m, whichever is greater. The new regulations will also make it mandatory to report data breaches of personal information to the ICO. The Information Commissioner’s Office (ICO) has recently highlighted misaddressed emails as a growing problem and has published statistics showing that they are the number one cause of data loss due to human error reported to the organization.
Tessian is an email security platform that uses machine intelligence to protect against security threats like misaddressed emails, data loss, and non-compliance. The platform analyses email networks and sending patterns to automatically prevents highly sensitive emails being sent to the wrong people.
Our platform retains audit logs of warning messages users are shown when sending a potentially misaddressed email, as well as the action they took after being shown the warning. This audit feature and the preventative nature of Tessian aligns with the GDPR requirement to “implement appropriate technical and organizational measures together with a process for regularly testing, assessing and evaluating the effectiveness of those measures to ensure the security of processing.” (Article 32) Tessian can be deployed rapidly, helping you achieve GDPR compliance in the time it takes to make a cup of tea – set it, and forget it.
Tessian is building the world’s first Human Layer Security platform to fulfil our mission to keep the world’s most sensitive data and systems private and secure. Using stateful machine learning to analyze historical email data, Tessian’s Parallax Engine can predict for this user, at this point in time, does this email look like a security threat?
Book a demo to learn more about our email security platform.