Corillian Introduces Innovative Solution to Catch Phish Before They Bite

Saturday 17 July 2004 14:58 CET | News

Corillian has released Corillian Fraud Detection System, a web log analysis solution with an innovative way to proactively address the current phishing threat coursing through the online banking sector.

Corillians security team has characterized the behaviors associated with the phishing life cycle and updated the Corillian Fraud Detection System to provide a financial institutions web site administrators with a way to detect phishing attack behaviors, including: -- Building and testing the phishing site -- Building and testing the phishing e-mail -- Launching the phishing e-mail -- Collecting user and account information -- Verifying and using the user and account information Corillian Fraud Detection System is currently being used by Corillians hosted clients and is now available to all financial institutions on a hosted or licensed basis. In addition to providing preemptive attack identification, the Corillian Fraud Detection System enables financial institutions to rapidly identify and respond to those account holders who may have fallen victim to the phishing scam. The Corillian Fraud Detection System provides information as to which customers have visited the phishing site, allowing the financial institutions to adjust the security measures around the potentially compromised bank account, and provides an opportunity to follow up with each customer, to educate them on the threat of phishing and discuss how they can protect themselves in the future.

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Categories: Banking & Fintech | Online & Mobile Banking
Countries: World
This article is part of category

Banking & Fintech