Your email is not secure.
It’s not just yours; the email communication of comparatively few users is secure.
Because it’s not just a matter of how well-protected you are; what matters is the security of the devices you use to send emails, the security of the network between your devices and the email server, and the security of every network server used between To: and From:
In its annual State of Email Security 2023 report (SEOS 2023) released earlier this year, Mimecast, a leading email security and risk management company, identified email as the primary attack route for cybercriminals.
By intercepting or accessing unsecured email, threat actors are using increasingly sophisticated tactics to trigger cyber incidents, which, according to the report, are expected to cost the world USD 8 trillion.
And while many email service providers protect users’ emails using industry-standard 128-bit encryption (Transport Socket Layer) protocols, that level of security may not necessarily apply once an email leaves their servers.
Simply put, end-to-end email encryption is not yet possible as web-based mail must interoperate globally between thousands of service providers.
But it’s not just email that poses a security threat to businesses.
Of the 1 700 Chief Information Security Officers and IT specialists consulted, 72% expect their companies to be harmed by collaboration tool-based attacks as the “intersection of communications, people, and data carries a tremendous amount of risk…”.
Some of the most common collaboration tools businesses use include Google Drive, Microsoft OneDrive, and Slack – but as with most other collaboration tools, user permissions and data control only extend one layer deep. Once the information has been accessed or downloaded, the owner’s control over it ends.
It’s not just the SEOS 2023 warning about the threat of cybercrime.
The Allianz Risk Barometer 2023, published by Allianz, a global insurer managing more €1 000 billion in assets, considers cyber incidents the most significant threat to business worldwide.
These challenges, namely,
Business Email Comprise
Unsecured collaboration tools
The unprotected intersection of people and data
are simple to mitigate with Cowrie, an innovative RegTech company built:
For people
For businesses
For where they connect
using two proprietary solutions: Cowrie Business and Cowrie Business Vault.
Cowrie Business
Share or receive digital or digitised assets with companies or individuals from a highly secure business vault.
Cowrie Business enables users to mitigate the risk of emailing sensitive information by sharing it directly from vault to vault or from vault to secure containerised mini-vault ecosystem outside of the platform via a secure link shared directly from Cowrie.
So long as you have a Cowrie vault, you can share any information with anyone, for any purpose, at any time. And as information is permissioned, you have complete control over what is shared, with whom and for how long – without ever relying on email.
Cowrie Business Vault
Among the many layers of security, Cowrie uses RSA 4096 encryption, the highest-level security protocol preferred for creating and verifying digital signatures and ensuring traffic from web-based applications is protected.
Not only is all information version controlled, but every interaction is permission-based and tracked on an immutable audit log.
Regarding collaboration, once you upload information to your vault, anyone with permission can access it any time they need, eliminating repeated requests for the same information while maintaining complete control over verified information.
By cryptographically encoding every digital asset, Cowrie prevents unauthorised access to information and can validate the providence and authenticity of any shared asset by comparing it to the vault version.
But Cowrie does more than protect your information; it protects your business in terms of regulatory compliance by ensuring that all information stored, gathered, shared and processed is 100% in compliance with the Protection of Personal Information Act (PoPIA), the Promotion of Access to Information Act (PAIA) and the General Data Protection Regulation (GDPR).
With rigorous attention to privacy and data security, Cowrie assists your company in quickly demonstrating a duty of care and due diligence towards the information it owns.