Phishing is one of the most rapidly growing problems for companies doing business on the Internet today. Similar to Cyotas other anti-fraud and security solutions, FraudAction is offered as a managed solution, hosted by Cyota. Using FraudAction, for the first time financial institutions can not only know about an e-mail fraud attack, but can also proactively prepare for it and actively respond and control it. FraudAction is a modular service, which enables financial institutions to respond pro-actively to phishing and email fraud attacks.
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