Banks’ DMARC Fail Puts #COVID19 Business Loans at Risk of Phishing

Email security failings among most of the banks designated to handle COVID-19 business stimulus loans could be putting applicants at risk of phishing, according to Proofpoint. The security vendor claimed that only 13 out of the 64 accredited financial institutions have implemented the strongest Domain-based Message Authentication, Reporting & Conformance (DMARC) policy.

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