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All Press Releases for September 24, 2004 Subscribe to this News Feed      
 

PhishGuard Launches Free Service to Combat Internet "Phishing" and "Spoofing" Scams

PhishGuard Corporation (http://www.phishguard.com) today launched their FREE anti-phishing service to detect and disable Internet "phishing" and "spoofing" attacks. PhishGuard utilizes the collective observations of Internet users plus a very rapid submission and distribution system to short-circuit new scams.

Pasadena, California (PRWEB) September 24, 2004 - PhishGuard Corporation (http://wwww.phishguard.com) today launched their free anti-phishing service to detect and disable Internet "phishing" and "spoofing" attacks. PhishGuard(TM) utilizes the collective observations of Internet users plus a very rapid submission and update system to short-circuit new scams.

According to Steve Klein, founder and co-president of PhishGuard Corporation, "PhishGuard is unique because the first person to notice a new phishing scam protects other PhishGuard users against that scam. I believe this will energize people in the fight against Internet-based fraud because we are no longer powerless – everyone can make a real contribution."

Phishing attacks use fraudulent email messages and websites that mimic well-known organizations. Their goal is to trick unsuspecting Internet users into revealing personal or financial information such as credit card numbers, bank accounts, passwords, and social security numbers. This style of attack is very difficult for the typical person to detect, as the scammers email and website utilize the exact style and graphics of the spoofed company, and appear genuine. Sensitive information unwittingly disclosed to phishers is used to execute fraudulent financial transactions and to enable long-term identity theft.

PhishGuard is a simple, free software service. The first person to discover a suspected phishing scam submits the offending email or website address to PhishGuard for validation. Within minutes, the PhishGuard monitoring team verifies the scam and adds it to the ScamBase(TM) database of known fraudulent sites. Updates to the database are rapidly distributed to every participating computer, effectively immunizing them against the newly discovered scam. Attempts to open the phishing website will be blocked by the PhishGuard software, preventing Internet users from divulging confidential information to the scammers.

"PhishGuard provides technically innovative protection against a significant form of identity theft. I really appreciate its ease of use," says Craig Hansen of St. Paul, Minnesota, an early user of the system.

The PhishGuard anti-phishing system utilizes the collective observations of Internet users plus a centralized reporting and updating system. This architecture minimizes the chance that any phishing scam can "slip through the cracks" and blindside an unsuspecting Internet user. The PhishGuard software is free and is available for download now at http://www.phishguard.com.

For further information, please visit http://www.phishguard.com or contact Cyndia Zumpft at 626-396-9400 ext 107.

About PhishGuard
PhishGuard Corporation is a privately held, leading provider of anti-phishing security solutions, with corporate offices located in Pasadena, California and data centers in Los Angeles, California and Miami, Florida.

PhishGuard, ScamBase, and 'Neighborhood Watch for the Internet' are trademarks of PhishGuard Corporation, all rights reserved.

Contact Information:
Cyndia Zumpft
PhishGuard Corporation
Tel: 626-396-9400 ext 107
http://www.phishguard.com

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Cyndia Zumpft
PHISHGUARD CORP.
626-396-9400 ext 107
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