SendGrid Publishes Industry’s First Inbox Protection Rate to Increase Cybersecurity & Privacy Transparency Around the Holid...
December 12 2018 - 6:55AM
Business Wire
Protects User Inboxes with 99.97% Success Rate
While Processing Over 45 Billion Emails Each Month
Three 9’s Rating Sets the Bar for the Industry
and Signals its Commitment to Reducing Phishing Emails
SendGrid, Inc. (NYSE: SEND), a leading digital communication
platform that drives engagement and growth, is the first email
service provider (ESP) to announce its Inbox Protection Rate
publicly in an effort to increase cybersecurity and privacy
transparency and to elevate the cause of inbox protection.
SendGrid’s Inbox Protection Rate measures the success of its
compliance efforts to prevent malicious email from reaching
SendGrid’s approximately 2 billion email recipients. As of December
12, 2018, SendGrid achieved a 99.97% legitimate email rate across
all of its outbound mail flow.
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SendGrid Anti-abuse Framework (Graphic:
Business Wire)
Protecting the inbox has become increasingly important as
phishing emails remain one of the dominant methods that cyber
criminals use to access users’ most guarded credentials. Many major
data breaches begin with fraudulent email; cyber criminals will
exploit a poor mail configuration to send fake emails purporting to
be the targeted sender. FireEye’s recent Email Threat Report
asserted that less than a third (32%) of email traffic seen in the
first half of 2018 was considered ‘clean’ and actually delivered to
an inbox. The report also found that 1 in every 101 emails had
malicious intent.
Rising Holiday Email Volumes
Email security and awareness is especially critical around the
holidays when retail and eCommerce brands are sending markedly
higher email volumes. SendGrid processed 2.8 billion emails on
Black Friday 2018 and 2.9 billion emails on Cyber Monday 2018 on
behalf of its customers, marking its two largest sending days ever.
As email volumes rise, cyberattacks are expected to jump by nearly
60% this holiday season, compared to other months throughout the
year, according to Carbon Black’s new Holiday Threat Report.
“More companies are choosing to outsource their email sending to
third party ESPs like SendGrid to handle their transactional and
marketing email services at scale. On a rolling 90-day basis,
SendGrid touches one half of the world’s unique email users
estimated at 2 billion people,” said Scott Gerlach, Chief
Information Security Officer at SendGrid. “Because we operate at
such high scale, SendGrid is committed to and responsible for
maintaining a clean, phish-free mail flow by investing heavily in
our people, process and technology. We have made a commitment to
our customers and the email ecosystem to further email security
transparency and educate the market on phishing attacks.”
Maintaining legitimate mail flow requires both a technical
understanding of the highly sophisticated filtering schemas
employed by the receiving domains and mailbox providers, and a
human talent for diagnosing non-delivery events and remediating
them either through technical changes or modifications of marketing
tactics. SendGrid protects its customers from email phishing
by:
- Automated machine learning and
artificial intelligence defenses spanning several key areas that
include the stages of a customer’s lifecycle with SendGrid, user
behaviors while using SendGrid, and the actual content that is
processed by SendGrid on behalf of its users.
- Neural network to mitigate the ability
of phishers to sign up for SendGrid’s service.
- Proprietary machine learning systems
that are trained to differentiate the characteristics between
legitimate and fraudulent emails to prevent phish from leaving
SendGrid.
- Intelligent traffic cop that watches
the mail flow from new accounts to ensure anomalous or large
deployments are slowed or stopped, when necessary. The algorithm
and process used to build this traffic cop were patented in 2017 by
SendGrid’s lead data scientist, Dr. Aaron Beach, and former
SendGrid co-founder, Tim Jenkins.
“By setting benchmarks for the effectiveness of our security and
protection efforts, we can better understand how spammers and cyber
criminals evolve their attacks to further protect our customers
and, in turn, their customers,” said Len Shneyder, VP of Industry
Relations at SendGrid. “Compliance is not a destination, compliance
is an ongoing function that not only safeguards SendGrid’s more
than 78,000 paying customers but the billions of recipients that
have subscribed to receive emails from these businesses. The onus
is on us as ESPs to prevent abuse of our email infrastructure,
mitigate the cascading damages it can cause and educate our
customers.”
Definition of Phishing
Phish is defined as email messages used to fraudulently obtain
confidential information such as credit card numbers, passwords, or
other personal data.
Inbox Protection Rate Methodology
The Inbox Protection Rate is a measure of email that transits
SendGrid’s servers deemed to be legitimate, non-phishing email sent
by legitimate businesses. The Inbox Protection Rate is not a
measure of spam or how that email is received since spam is
subjective however, there is nothing subjective about phish. In
addition to analyzing outbound messages SendGrid analyzed email
bounces indicative of phishing and other forms of delivery
issues.
Sent phish is determined by manual reviews of suspended accounts
for phishing content. Each account found to contain phishing
content is terminated and tagged as phish. SendGrid then counts the
sum of messages delivered via tagged accounts as phish, and
incorporates the phish into its automated defenses to improve their
efficiency, robustness and detection rate.
To learn more about SendGrid’s Inbox Protection Rate, visit our
blog. For additional information about email phish and other email
scams, visit SendGrid’s Phishing, Doxxing, Botnets, and Other Email
Scams guide.
About SendGrid
SendGrid is a leading digital communication platform, enabling
businesses to engage with their customers via email reliably,
effectively and at scale. A leader in email deliverability,
SendGrid has processed over 45 billion emails each month for
internet and mobile-based customers as well as more traditional
enterprises.
Source: SendGrid, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20181212005140/en/
SendGrid, Inc.David Friedman,
303-868-9641david.friedman@sendgrid.com
Sendgrid, Inc. (NYSE:SEND)
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