The corporate identity of any institution is fundamental to conducting business online. Your company name, logo, trademark and brand are valuable assets that drive revenues, establish trust and protect the customer experience. Phishing has become a popular and growing method of identity theft primarily through the creation of a website that appears to represent a legitimate company. According to the Federal Trade Commission, identity thefts through phishing attacks now affects more than 10 million people per year representing an annual cost to the economy of $50 billion. The Anti-Phishing Working Group reports that the frequency of these phishing attacks increase 24% every month and the research firm, Gartner, estimates that U.S. businesses lose an estimated $2 billion a year as their clients become victims of phishing attacks. The growing trend of phishing attacks, even on weekends, and the inability of traditional security technologies to prevent these attacks leaves many organizations vulnerable to substantial losses. Perimeter's CounterPhish Phishing Incident Response Service provides our clients with the ability to identify phishing attacks and eliminate false websites quickly.
Perimeter deploys a well-defined incident management process that employees and clients can easily follow. The service includes escalation to CERT and other authorities and operates on a 24/7 basis in the U.S. and from three international locations. Phishing attacks in 15 languages can be addressed, and the service averages a 3-hour take-down time for phishing sites monitoring every 10 minutes after take-down. The service is priced and delivered on per annum or per incident basis, and the client does not need additional hardware, software or in-house technical expertise.
Small and medium-sized financial institutions exhibit several significant problems associated with responding to phishing attacks:
For more information, contact Debbie Bergenske at 800-356-9655, ext. 4340.