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Spam can force organizations to deal with lawsuits filed by employees for creating a hostile working environment. Spam containing pornography, insulting content or fraudulent phishing schemes can expose organizations that have not taken reasonable steps to combat such attacks. Employees unfamiliar with company policies may forward such content to fellow employees or even contacts outside company, resulting in sexual harassment or countless other liability lawsuits.
Each organization’s exposure to such lawsuits varies, but large awards to plaintiff are not uncommon when they do occur. In fact, October 2002 issue of TechRepublic states that “the average jury award against employers in [sexual harassment lawsuits] is $250,000. That amount often triples when attorney fees and litigation costs are added to mix.”
The cost of spam to a business’ reputation is equally difficult to define. The cost is nothing until something catastrophic—like a phishing attack—happens. The average individual victim of identity theft loses about $500, and businesses lose an average of $4,800. By allowing phishing and spoofing attacks into your business’ network, your organization is exposing itself, its brand and its employees to enormous risk. If your organization’s trademarks or brand are used in phishing attacks, cost to your company’s brand is estimated at between $100,000 and $150,000.
What You Can Do Now To Stop Spam
Knowing risks involved in spam is first step to solving problem. CipherTrust’s FREE whitepaper, “Controlling Spam: The IronMail Way” describes issues that put your email system at risk. Download it today to learn more about how you can stop spam, secure your email system, and protect your company and employees from email-borne threats.
Part II of this series will describe issues involved in determining ROI for anti-virus software and services as they apply to email.
CipherTrust is the leader in anti-spam and email security. Learn more by downloading our free whitepaper, “Controlling Spam: The IronMail Way” or by visiting www.ciphertrust.com.