Security vendor shuts down phishing attacks against banks

Thursday, 2 December 2004, 5:52 AM EST

A security software maker has succeeded in shutting down Web sites that have been co-opted for launching phishing attacks directed at bank brands.

Cyota Inc. said Tuesday that FraudAction, its anti-phishing service that's being used by Barclay's Bank of Britain and five U.S. banks Cyota wouldn't name, has shut down more than 60% of reported phishing sites in less than five hours, and some in less than an hour. The lifespan of a typical phishing site today is 6.4 days.

By Steven Marlin at InformationWeek.

[ Read more ]




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