Milford, CT - April 4, 2007-Online retailers are increasingly the targets of Phishing attacks, which number more than "eleven brands phished per day" according to the prestigious AntiPhishing Working Group, noting 340 "applications of password-stealing code" for the month of December alone**. Increasingly, these attacks target e-retail customers, since banks have become gradually sensitized to the risk. "`Go retail` appears to be the hackers` motto of late," says Perimeter eSecurity`s Chief Security Officer Kevin Prince, "as the thieves look elsewhere to steal customers` credit card, bank account, and retail account numbers and passwords via faux websites."
A phishing attack starts with a fraudulent email directed at a retail customer. The email appears to come from the customer`s on-line vendor and contains a URL or web site link that, when clicked on, takes the Account User to a Phish Web Site and directs them to enter their account number, username, password or PIN, etc. This information is collected in a Phish Database that enables criminals to use the customer`s identity to steal funds, commit fraud, or otherwise attack the institution.
To help retailers combat this costly, reputation-damaging assault, Perimeter eSecurity, the only provider of complete eSecurity on demand, today launched "CounterPhishing Assurance," a low-cost service that stops attacks in 17 different languages, in an average of three hours, far faster than the six-day industry average. This bold 24x7x365 service requires no on-premise equipment, and vigilantly monitors up to ten different domains on a continuous basis. Retailers who utilize this aggressive monitoring and "takedown" service, pay an additional charge for "takedown" of the phishing site, generally less than $2,000 per incident as opposed to the millions in damages including reputational damages that a phishing incident alone can cost them.
"Fifty nine million phishing Emails are sent out worldwide each day," says Kevin Prince, CSO of Perimeter eSecurity, "and in December alone 27,387 reports of phishing were recorded. Attacks are becoming increasingly personal because hackers will go to any length to make you think that the email or website that they are presenting to you is real. Fraudulent phishing and pharming sites need to be taken down immediately to thwart further attacks and damage.
Perimeter`s new etailer product deploys its CounterPhishSM service that identifies phishing attacks and eliminates false websites quickly. CounterPhishSM continuously scans millions of SPAM e-mails and monitors DNS registrations for early detection. In addition, phishing URLs are reported to the Computer Emergency Response Team (CERT) and other authorities and broswer access to the infected site(s) is then blocked. Perimeter`s CounterPhishSM 24x7 service stands ready to initiate a "take down" procedure anywhere in the world.
Today, Perimeter protects the networks of more than 4,000 businesses, including more than 2,000 banks and credit unions, more than 500 auto dealers, and a wide range of security-conscious enterprises. As the only provider of complete security on demand, Perimeter makes security easily available and affordable for all businesses. Perimeter offers more than 50 different pre-integrated services on a subscription or "on demand" basis. With the proliferation of security threats and technologies, clients benefit from a single-source provider that offers all services through one pre-integrated platform and web portal.
The company also offers a related Pharming Shield service, which monitors critical systems 24x7 and detects when unauthorized modifications are made to a website that could mean that it has been compromised. Pharming Shield monitors customers` web site pages, SSL certificates and DNS servers for unauthorized changes every 2 minutes. The service alerts customers if unauthorized changes are made to their DNS servers, web sites, or SSL digital certificates and quickly resolves any compromises found. In addition a real-time certification is displayed on the customers` website, indicating that they are protected by Pharming Shield.
Perimeter`s Identity Management services provide 24x7 monitoring via a real-time portal interface where incident details are tracked and recorded for reporting purposes, audit compliance, or insurance claims. Perimeter addresses Phishing and Pharming attacks seven days a week and in 15 different languages. As with Perimeter`s 50 other on demand security services, no CPE, software or expensive integration project is required at the customer location. For more information on Perimeter`s Identity Management Services please visit: http://www.perimeterusa.com//vulnerability-defense-content.html
About Perimeter
As the only provider of complete security on demand, Perimeter makes security easily available and affordable for all businesses. Perimeter`s on demand security services protect thousands of computer networks nationwide, offering more than 50 different services on a subscription basis. With the proliferation of security threats and technologies, clients benefit from a single-source provider that offers all services through one pre-integrated platform and web portal.
Perimeter`s on demand services are continuously expanded, enhanced and upgraded for current and future regulatory compliance. With seven geographically distributed technical offices and three redundant data centers, Perimeter`s complete, on-demand and affordable security services are always available and have been validated by multiple independent third parties. For more information about Perimeter visit www.perimeterusa.com or call (800) 234-2175 opt # 2.
** AntiPhishing Working Group Report: "Phishing Activity Trends, Report for December, 2006"
For Further Information Contact:
Cathy Clarke
CNC Associates
617-527-2089
cathy@cncassocs.com
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