News

FraudEliminator Distributes Free Software

Wednesday 1 December 2004 22:41 CET | News

FraudEliminator has released the first product to provide comprehensive protection to home Internet users from online fraud schemes known as phishing attacks.

FraudEliminator offers a free-of-charge, advertising-free browser toolbar to help protect users by automatically finding and blocking online fraud. In addition, FraudEliminator gives users an opportunity to fight back against online fraud by letting them report fraud incidents back to FraudEliminators central database. The product also includes other popular toolbar functions such as integrated search capabilities and user-configurable popup protection, and will even identify which country a website is hosted in. How FraudEliminator Works FraudEliminator maintains a real-time threat database that tracks identifying information about every known online fraud threat. To keep the database up to date, FraudEliminator has built a network of fraud incident collection points. In addition, users are encouraged to report fraud incidents to our central fraud monitoring center. Every fraud incident is reviewed by our fraud analysts to ensure the integrity of the database. Adding yet another layer of protection, FraudEliminator has also developed a proprietary set of statistical algorithms designed to recognize signs of fraud. For example, a fraudulent website claiming to be your bank or financial contact that is actually based in Moldova or another unusual location, or has other telltale signs of phishing sites, will be blocked as fraud. This happens as soon as you click on the website, and that site is then added to the FraudEliminator database and other users are protected from viewing it as well. This is done in conjunction with FraudEliminator staff going out and identifying dangerous fraud sites. FraudEliminator requires a Windows-compatible PC running Windows 95, 98, Me, 2000 or XP, and Internet Explorer version 5.0 or higher.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: ,
Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce