“This is a huge step forwards as both customers and employees of the bank now receive way fewer fraudulent e-mails. It means that we have effectively reduced the risk of fraud in connection with fraudulent e-mails,” says Poul Otto Schousboe, Head of IT Security at Danske Bank.
Fewer fraudulent e-mails
Danske Bank is thus up to speed with a number of other large corporates and authorities all over the world. They use the e-mail configuration called DMARC (Domain-based Message Authentication).
In short, it imposes an additional layer, which stops fraudulent e-mails before they are delivered to the recipient. Consequently, customers and employees of the bank do not receive fraudulent e-mails that seem to be sent from Danske Bank, and which in the worst case scenario could make the recipient share confidential information or transfer funds to the phoney sender.
According to a new report from Global Cyber Alliance, an increasing number of companies and organisations make use of the technology. This leads to cost reductions, according to the report.