Leading US Credit Unions Standardize on Proactive Anti-Phishing Protection from Cyveillance.The number of credit unions using Cyveillance Anti-Phishing grew by 450% in 2006 ARLINGTON, Va. -- Cyveillance, the leading provider of online risk monitoring and management solutions, today announced demand for its Cyveillance Anti-Phishing(TM) solution grew by 450% among credit unions and regional banks in 2006, validating a growing trend in phishing attacks targeting small to medium sized organizations. Phishers are becoming more sophisticated in their attacks and targeting what they perceive as more vulnerable consumers - credit unions account for over 30% of all targeted phishing attacks against businesses regardless of size or industry. Selected for its ability to provide continuous Internet monitoring Analyzing traffic on the Internet. Monitoring is performed to determine packet volume for network configuration as well as to find out how employees are spending their time on the Internet. This is the first step in determining whether or not filtering should be added to the network. and comprehensive protection against online fraud scams, in 2006 Cyveillance signed numerous new credit union and credit union association customers, such as the National Association of Federal Credit Unions (NAFCU NAFCU National Association of Federal Credit Unions NAFCU Northland Area Federal Credit Union ), National Institutes of Health Federal Credit Union (NIHFCU), American Eagle Federal Credit Union (AEFCU), COCC and Schools Financial Credit Union. "As more phishing attacks begin targeting credit unions, our members are constantly looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. aggressive solutions to protect against potential customer fraud," said NAFCU Services Corporation President David C. Frankil. "What distinguished Cyveillance from other providers is their proactive approach. Cyveillance helps us quickly eliminate fraudulent sites and its ability to constantly monitor movement of compromised credit/debit cards and personal information - which is unique - was a major factor in selecting Cyveillance as a Preferred Partner." Cyveillance Anti-Phishing provides advanced warning of potential phishing attacks through comprehensive Internet monitoring and real-time logging of fraudulent phishing sites. As counterfeit sites are identified, Cyveillance instantly delivers the intelligence about each attack to the targeted organization, enabling credit unions to take the appropriate security measures Noun 1. security measures - measures taken as a precaution against theft or espionage or sabotage etc.; "military security has been stepped up since the recent uprising" security to take down the fraudulent site, eliminating the threat of identity theft and fraud to unsuspecting online customers. The service includes the industry's first and only Service Level Agreement (SLAs) for phishing site take-down in 5 hours or less. In addition, Cyveillance can provide credit/debit card monitoring services The general surveillance of known air traffic movements by reference to a radar scope presentation or other means, for the purpose of passing advisory information concerning conflicting traffic or providing navigational assistance. for credit unions to proactively identify stolen card and personal information being openly sold or traded on the Internet, minimizing losses due to credit card fraud Credit card fraud is a wide-ranging term for theft and fraud committed using a credit card or any similar payment mechanism as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to obtain unauthorized funds from an account. . "As the largest federal credit union in Connecticut, we take the safety of our members' identities and personal information very seriously," said Eric J. Snyder, head of Network Security at AEFCU. "After an extensive review of anti-phishing offerings, Cyveillance with its comprehensive Internet monitoring technology, stood out for its ability to effectively identify phishing sites and take immediate corrective action A corrective action is a change implemented to address a weakness identified in a management system. Normally corrective actions are instigated in response to a customer complaint, abnormal levels if internal nonconformity, nonconformities identified during an internal audit or to take them down. This unique approach allows us to proactively protect our customers from online scams that target their identities and accounts." Panos Anastassiadis, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cyveillance added, "2006 clearly demonstrated the ability of criminals to rapidly change and perfect their phishing techniques to defraud To make a Misrepresentation of an existing material fact, knowing it to be false or making it recklessly without regard to whether it is true or false, intending for someone to rely on the misrepresentation and under circumstances in which such person does rely on it to his or consumers and organizations and businesses. As such, organizations need to be able to quickly adapt to these evolving, targeted and blended attacks. Our comprehensive real-time anti-phishing services enable companies to enhance existing security solutions by quickly and accurately identifying Web sites where suspicious and anomalous behaviors have been detected, categorized cat·e·go·rize tr.v. cat·e·go·rized, cat·e·go·riz·ing, cat·e·go·riz·es To put into a category or categories; classify. cat and confirmed as a threat." For more information on Cyveillance Anti-Phishing, please visit http://www.cyveillance.com/web/solutions/modules/anti-phishing.htm. About Cyveillance Cyveillance, the leader in online risk monitoring and management solutions, provides an intelligence-based approach to security. Through comprehensive Internet monitoring, Cyveillance proactively identifies and eliminates threats to information, infrastructure and individuals. By continuously pinpointing online risks such as malware, phishing attacks, information leaks, counterfeit product distribution and other forms of Internet fraud A crime in which the perpetrator develops a scheme using one or more elements of the Internet to deprive a person of property or any interest, estate, or right by a false representation of a matter of fact, whether by providing misleading information or by concealment of , Cyveillance enables enterprises and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and data partners to protect their reputation, revenues, and customer trust. Cyveillance serves over 250 leading companies, including over half of the Fortune 50 and 8 of the top 10 technology providers. For more information, visit www.cyveillance.com. |
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