Your Cyber Intelligence Source

The total cost of a phishing attack is driven by the lifespan of the attack. Every hour that a phishing attack is live can cost organizations huge amounts of money. This theory has been proven with the simple fact that, in detecting and responding to phishing attacks, speed of performance is the single most important factor in minimizing the cost of each Phishing attack. 

Based on a recent review of Cyveillance Anti-Phishing™ performed by SC Magazine, Cyveillance’s anti-phishing solution excels in the performance category receiving their highest mark in their rating system.

http://www.scmagazineus.com/Cyveillance-Anti-Phishing/Review/2949/

To ensure customers consistently receive the industry’s most complete and comprehensive solution, Cyveillance provides a suite of service level agreements (SLAs) that guarantee the performance of the solution including the accuracy of the information provided, the availability of the service and the performance of the response and takedown services.

The problem of phishing will continue to grow in volume and evolve in technical complexity. Through Cyveillance Anti-Phishing™, Cyveillance will continue to make the investments needed to provide our customers with a solution that will address this growth and evolution in a way that greatly reduces the day-to-day management of the problem and significantly cuts the costs incurred by the attacks, allowing customers to remain focused on their core business.

Last month Cyveillance released the Cyveillance Intelligence Report for the 1st half of 2009. As a regular part of the report and to better understand the daily risks consumers face from phishing attacks, Cyveillance tests unique and confirmed phishing attacks against some of the leading consumer anti-phishing protections. For the testing Cyveillance feeds confirmed live attacks through four of the most widely used Web browsers with embedded anti-phishing technology and reports the detection rates for each browser.

At the time of the testing, Microsoft’s Internet Explorer 7 (IE7) was configured in the Cyveillance testing environment. As stated in the report, IE7 detected 24.9% of all phishing attacks fed through its anti-phishing protection capabilities. Since the time of the IE7 testing Cyveillance has updated the testing environment to Microsoft Internet Explorer 8 (IE8). Using IE8, the detection rate of new phishing attacks increased to 31.5%. This increase in the detection rate of attacks represents an improvement of over 6 percentage points, but still fails to protect consumers from over two thirds of newly discovered phishing attacks. These results also represent a significantly smaller detection rate than the 83% detection rate reported for the same application by NSS Labs in July of this year (http://nsslabs.com/browser-security-phishing-3Q2009).

The Cyveillance Intelligence Report can be downloaded at http://www.cyveillance.com/web/forms/request.asp?getFile=115