What it is
SPF (Sender Policy Framework) tells receiving mail servers which IPs are allowed to send mail for a domain. DMARC (Domain-based Message Authentication, Reporting, and Conformance) tells those receivers what to do when mail fails SPF or DKIM alignment, reject, quarantine, or monitor. Publishing SPF without DMARC is the equivalent of installing a burglar alarm and never turning it on.
Why it matters
Attackers targeting a firm for business email compromise (BEC) or wire-fraud pretext will test the domain's DMARC policy before staging the impersonation. A missing or permissive DMARC policy (p=none, or no record at all) means spoofed mail from the domain is likely to reach the inbox without a warning label.
The check behind the finding
nslookup -type=txt _dmarc.yourfirm.caIf nothing comes back, there is no policy. If it says p=none, forged mail is still delivered.
Closing it
This can be closed. It is done in stages, so that none of the firm's real mail is lost on the way: every service that sends mail for the domain is confirmed first, and only then is the policy tightened. The assessment gives the exact steps for the domain.