Cyveillance Enables COCC to Protect Financial Institution Clients from Online Risks; Anti-Phishing Protection Accelerates Elimination of Fraudulent Sites, Minimizes Loses Due to Attacks.ARLINGTON, Va. -- Cyveillance, the leading provider of online risk monitoring and management solutions, today announced that COCC, one of the fastest growing financial data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a companies in the country, has selected the Cyveillance Anti-Phishing(TM) service and will make it available to all their clients. This relationship provides the best threat protection to COCC's community bank and credit union clients for early detection and mitigation of rapidly escalating phishing Pronounced "fishing," it is a scam to steal valuable information such as credit card and social security numbers, user IDs and passwords. Also known as "brand spoofing," an official-looking e-mail is sent to potential victims pretending to be from their ISP, bank or retail establishment. attacks that can cause customer distrust and monetary losses. "Market and regulatory pressures are forcing our financial institution clients to improve efficiencies and ensure that secure controls and processes are put into place," said COCC director of strategic products Linda Stahl. "Through our Cyveillance partnership, we are confident that we are helping our clients access the best online risk protection available today and ensure that they are doing all they can to fight online fraud." The financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry is particularly vulnerable to sophisticated threats designed for profit, not just disruption. Celent reported a 338% increase in the number of phishing sites in the second half of 2004. More recently, the Anti-Phishing Working Group The AntiPhishing Working Group (APWG) is a consortium that brings together businesses affected by phishing attacks, businesses that provide security products and law enforcement. The APWG has more than 2700+ members from more than 1600 companies & agencies worldwide. detected 7,197 unique phishing sites in December 2005, a 55% increase over the previous month. "Criminals rob banks because that is where the money is. Online thieves List of Thieves. Famous
Under the terms of the agreement, Cyveillance Anti-Phishing service monitors and evaluates COCC client domains, and scans junk email messages, web pages and new domain registrations for suspicious activity. When phishing scams or domain "hijacking hijacking Crime of seizing possession or control of a vehicle from another by force or threat of force. Although by the late 20th century hijacking most frequently involved the seizure of an airplane and its forcible diversion to destinations chosen by the air pirates, when " attempts are identified, Cyveillance will immediately alert the impacted financial institution and COCC and take protective measures, which may include the take down of fraudulent The description of a willful act commenced with the Specific Intent to deceive or cheat, in order to cause some financial detriment to another and to engender personal financial gain. web sites being used for phishing attacks. About Cyveillance: Cyveillance provides online risk monitoring and management solutions to Global 2000 organizations. The company comprehensively monitors the Internet using patented technology to deliver early warning of risks to information, infrastructure and individuals. Armed with this actionable intelligence Having the necessary information immediately available in order to deal with the situation at hand. With regard to call centers, it refers to agents having customer history and related product data available on screen before the call is taken. and Cyveillance's immediate corrective cor·rec·tive adj. Counteracting or modifying what is malfunctioning, undesirable, or injurious. n. An agent that corrects. corrective, n response capability, chief security officers can proactively protect their company's reputation, revenues and customer trust. Cyveillance counts over half of the Fortune 50 and three quarters of the top Fortune 500 companies in the financial services, pharmaceutical, energy, and technology industries as clients. |
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