Email spoofing is the widely used threat, that captures the credit card numbers, bank account details and other personal details of the email recipient. Such spam mails are appear to have come from the genuine bank or other internet companies domain names.  This new way by fraudsters have forced the email providers and businesses to use secure technologies like Sender Policy Framework (SPF) and DomainKeys Identified Mail (DKIM) for email authentication. But these technologies are yet to be popularly used by many internet companies expect Paypal which use SPF for email authentication.

The leading internet giants like Facebook, Google and financial firms, like Bank of America Corp, Fidelity Investments and eBay Inc’s PayPal have joined hands to establish a set of policy framework for preventing fraud emails that appear to come from corporate email addresses.

The idea here is, if the email providers like Google and Yahoo receives an email that claimed to be sent by Paypal and if it fails to get authenticated with SPF or DKIM, then the email is not delivered to the recipient. As of now, the firms have collaborated only with Google and Yahoo, so if  fraudster send a spoofed Paypal email to other email providers, then it might pass through to reach the recipient.

 “What we need is an Internet standard that allows this level of protection to work at scale – without any discussion, without any partner agreements,” McDowell said. “That is what DMARC does.”

According to the news from tech2.com, the security analyst Michael Versace said that the industries should keep developing new technologies to fight spammers because there are chances that even DMARC might be exploited by he criminals in the future.

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