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Email Security Observatory

Every week, we audit the email configuration (SPF, DKIM, DMARC, BIMI, MTA-STS, DANE and DNSSEC) of over 1,000 listed companies worldwide. Our scoring covers 9 major stock indices (from the S&P 500 and Nasdaq 100 to the Nikkei 225 and Hang Seng), providing a global view of email security practices. Explore results by index, country or company and track progress week over week.

Scan week: 2026-03-23 · 1601 companies analysed

  • The observatory monitors 1601 listed companies across 16 stock indices this week, with an average email security score of 42/100.
  • 0% of companies achieve a grade of A+ or A, while 60% receive a D or F.
  • 82.9% of companies have deployed DMARC, with 46.3% enforcing a strict reject policy.
  • SPF records are configured on 90% of monitored domains.
  • BIMI brand indicators are deployed by 9% of companies.
  • 1% enforce inbound email encryption via MTA-STS.
  • DNSSEC is active on 10.6% of domains, adding cryptographic validation to DNS queries.
  • The highest-scoring company this week is Beiersdorf with 90/100 (A).

DMARC reject

46.3%

742 / 1601

SPF strict (-all)

48%

768 / 1601

BIMI configured

9%

150 / 1601

MTA-STS enforce

1%

20 / 1601

DNSSEC enabled

10.6%

170 / 1601

Score distribution

0
A+
2
A
54
B
584
C
661
D
300
F

42

Average

46

Median

0

Min

90

Max

Top 10

Grade
1Beiersdorfbeiersdorf.com90A
2CME Groupcmegroup.com86A
3ABN AMROabnamro.com82B
4Freseniusfresenius.com81B
5CrowdStrikecrowdstrike.com79B
6Tata Consultancy Servicestcs.com78B
7Accentureaccenture.com75+1B
8Heidelberg Materialsheidelbergmaterials.com75B
9Cincinnati Financialcinfin.com75B
10CaixaBankcaixabank.com75B

Why an email security observatory?

Email remains the primary vector for cyberattacks targeting businesses. Phishing, CEO fraud and business email compromise exploit weak or missing email authentication. Publicly listed companies are high-value targets because spoofed emails can move markets, trigger fraudulent transfers or damage investor confidence.

The observatory exists to:

  • Measure the real-world adoption of email security standards across major indices
  • Track how adoption evolves week after week
  • Identify common gaps and help prioritize remediation
  • Provide transparency on the email security posture of the world's largest listed companies

What standards are analyzed?

Outbound email security

StandardPurpose
SPFAuthorizes which servers can send email on behalf of the domain
DKIMCryptographically signs outgoing messages to prove authenticity
DMARCTells receivers how to handle messages that fail SPF/DKIM checks
BIMIDisplays the company's logo in recipients' inboxes after DMARC enforcement

Inbound email protection

StandardPurpose
MXDeclares the mail servers that receive email for the domain
MTA-STSEnforces TLS encryption for incoming email connections
DANE/TLSAPins TLS certificates in DNS for email transport verification

DNS security

StandardPurpose
DNSSECCryptographically signs DNS zones to prevent spoofing and cache poisoning

How the scoring works

Each domain is scored on a 100-point scale, divided into three pillars:

  1. Outbound security (up to 55 points) - SPF record quality, DKIM key strength, DMARC policy strictness, BIMI deployment
  2. Inbound protection (up to 25 points) - MX configuration, MTA-STS mode, DANE/TLSA records
  3. DNS hardening (up to 20 points) - DNSSEC chain validation

The final score maps to a letter grade: A+ (90+), A (80-89), B (65-79), C (50-64), D (30-49), F (below 30).


FAQ - Frequently asked questions

Q: What does the observatory measure?

A: The observatory analyzes email authentication records (SPF, DKIM, DMARC), brand protection (BIMI), transport security (MTA-STS, DANE/TLSA) and DNS security (DNSSEC) for each monitored domain.


Q: How is the score calculated?

A: The score is the sum of points across three pillars: outbound security (SPF, DKIM, DMARC, BIMI), inbound protection (MX, MTA-STS, DANE/TLSA) and DNS hardening (DNSSEC). Each standard contributes a weighted number of points.


Q: How often are companies scanned?

A: All domains are scanned once per week. The scan week is displayed on the dashboard.


Q: Which companies are monitored?

A: The observatory covers over 1,000 companies from 9 major global stock indices: S&P 500, Nasdaq 100, FTSE 100, CAC 40, DAX 40, Nikkei 225, Hang Seng, Nifty 50 and SSE 50.


Q: What is a good score?

A: A+ (90-100) indicates excellent email security. B (65-79) is acceptable but improvements exist. F (below 30) indicates significant gaps.


ToolPurpose
Email Domain CheckFull email authentication audit for any domain
SPF InspectorVerify and fix your SPF record
DKIM InspectorValidate your DKIM signature and key
DMARC InspectorConfigure and test your DMARC policy
MTA-STS CheckVerify your MTA-STS policy