Wells Fargo, AOL to Join Symantec Antiphishing Initiative

Wed, April 26, 2006CIO

Symantec is planning to revamp the Phish Report Network, an online project aimed at cutting down on "phishing" identity theft attacks.

On Tuesday, the security vendor said it will unveil a new design for the project’s website and will add a number of new industry partners, including AOL’s Netscape portal and the financial institution Wells Fargo & Co.

Launched in February 2005, the network was originally sponsored by security vendor WholeSecurity, which Symantec purchased last September. Microsoft, eBay and Visa International had signed on as founding members, but it was unclear whether Symantec intended to continue the project following the WholeSecurity acquisition.

The service, which will be relaunched Monday, aggregates reports of new phishing attacks and sells access to a database of known phishing sites, but to date it has not been widely used.

More efforts are going to combat phishing, with the most prominent initiative being the Anti-Phishing Working Group (APWG), a nonprofit organization that provides similar services to the Phish Report Network, and which includes about 1,500 member companies, according to APWG Chairman Dave Jevans.

Additionally, two other antiphishing sites launched last month: the volunteer-run Phishing Incident Reporting and Termination Squad, as well as PhishRegistry.org, a service that warns legitimate websites when they are being spoofed by phishers.

The growth in antiphishing sites is being spurred by an increase in phishing attacks, which have doubled in the past year, according to Jevans. "In March, we saw around 18,000 unique phishing attacks and about 12,000 unique phishing sites," he said.

Though Netscape’s parent company, AOL, is already a member of the APWG, an AOL spokesman said it couldn’t hurt to join the Symantec project as well. There is "more than [enough] room for one good group," he said.

-Robert McMillan, IDG News Service

Check out our CIO News Alerts and Tech Informer pages for more updated news coverage.

Loading...
Security MarketSpace
White Papers
5 Tips for Data Loss Prevention Solutions
RSA® The Security Division of EMC has identified 5 key considerations to help organizations simplify the evaluation process for selecting a DLP solution that is right for their business. Learn more »
Secure Training Videos to Prevent Theft
Learn how Dream Force extended their marketing reach without being constricted. Learn more »
Prevent Intellectual Property Theft
Learn what the key components were in Hock International's purchasing decision. Learn more »
Webcasts
Maximizing the Business Value of the PC Infrastructure
Reduced IT budgets have CIOs hunting for ways to maximize their PC infrastructure, while saving money and IT staff time. Diane Bryant, CIO of Intel Corp., talks with CIO magazine's Gary Beach about how her organization is addressing these challenges. Learn more »
 
SPONSORED LINKS
 

Data Loss Prevention: A Better Way to Approach Security

Software Executives: Take Control of Your Organization's Code Quality

Delivering Secure and Reliable Data through Spreadsheet Automation

Taking the Service Desk to the Next Level

Why Data Loss is Increasing--and What You Can Do About It

Communications and Collaboration Needs at Business Organizations

Using Open Source to Deploy Web Applications

Mid-Sized Company CIO Community: infoBOOM!

Enterprise PBX Comparison Guide

Getting Value from Outdated Networking Equipment

Accenture IT Consulting: Logical meets technological. More . . .

White Paper: 8 Key Ingredients to Building an Internal Cloud

Read about virtualization and consolidation effort best practices

Building the Virtualized Enterprise with VMware Infrastructure

Top 10 Business and IT Drivers for the Wealth Management Sector

Bottom-Line Benefits of Virtualization

White Paper: The Building Blocks for Cloud Computing

Oracle's Application Grid Technical Demo

Next-Generation Application Servers and Infrastructure

Application Infrastructure at Enterprise Organizations

Achieving Business Agility with Application Grid

Learn about The Information Technology Infrastructure Library.

Achieving Pervasive Performance Management

Gartner Shares Predictions for 2009

64-page prescriptive guide to security, compliance, and IT operations.

Stop Application Fraud at the Source with Device Reputation

Ready to Act: 3 Recommendations for Agile Processes

Automating the Generation and Secure Distribution of Excel Reports

Seven Ways ITIL Can Help You in an Economic Downturn

Maximizing the Business Value of the PC Infrastructure

Learn how to managing client systems in the enterprise.

Cloud Computing: Read about VMware's compelling vision & set of products

Enterprise PBX Buyer's Guide

Secondary Market Primer: Your Network at Half Price

Top-line Performance that's Bottom-line Efficient

Accenture: Outsourcing for uncertain times. Click to learn more.

Learn about the VMware vSphere (TM) & Intel (R) Xeon (R) Processor 5500 Series

Learn how a virtualized enterprise can help your company reduce costs

Why Isn't Server Virtualization Saving Us More?

8 Key Ingredients to Building an Internal Cloud

Data Center Optimization: Three Key Strategies

A CIO Executive Guide: Cloud Computing Looms Big on the Horizon

Oracle WebLogic Server Technical Demo

Data Grids and Service-Oriented Architecture

Achieving the Impossible: Unlimited Application Scalability

A Middleware Foundation for Application Grid

Tips for successful virtualization management.

Smart Decisions: The Role of Key Performance Indicators

Reduce risk, gain agility. See how Progress can help your business.

Improve ROI, lower TCO and reduce energy consumption.

 
 
RESOURCE CENTER