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Malcovery Security Releases Top 10 Phished Brands Missed by Your AntiVirus in the First Half of 2013
  • USA - English


News provided by

Malcovery Security, LLC

Aug 13, 2013, 06:05 ET

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Greg Coticchia, President and CEO of Malcovery
Greg Coticchia, President and CEO of Malcovery

'The key question to ask yourself about the brands listed in this report is ‘Would any of my employees ever respond to an email from one of these brands?’ If so, your business may already be infected with malware.'

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Pittsburgh, PA and Birmingham, AL (PRWEB) August 13, 2013 -- Malcovery®, the leader in delivering actionable intelligence that can be applied to neutralize the threats and actions by cyber criminals in the areas of phishing, spam and malware, released today the Top 10 Phished Brands That Your AntiVirus is Missing, a report that discloses close to 30 leading brands that are most exploited by cybercriminals in phishing attacks with malicious spam. Malcovery delivers Today’s Top Threats (T3), threat analysis throughout the day, that informs enterprises of emerging cybersecurity threats found in spam email messages. T3 is based on the fact that the most dangerous malicious threats are successfully arriving in email inboxes before the majority of anti-virus solutions have provided protection against them. As a result, tens of thousands of computers and mobile devices are infected every day. Malcovery’s T3 solution provides actionable intelligence throughout the day, which can be applied to help protect your network from these threats.

Leading anti-virus companies suggest that they discover more than 65,000 new malware samples per day. The truth is that the emails imitating popular brands of interest to the end user are the most likely to be opened by the end user and most likely to infect your network. For decades the antivirus industry has been “educating” users that by updating their anti-virus product every day they will be safe. Yet each day there are major malware campaigns delivered to enterprises via spam messages that have almost no detection at the time they show up in users’ email inboxes. The result is, despite greater use and updating of anti-virus products than ever before, Microsoft still reports 10 million infections per quarter just in the United States.

“The key question to ask yourself about the brands listed in this report is ‘Would any of my employees ever respond to an email from one of these brands?’ If so, your business may already be infected with malware,” stated Greg Coticchia, President and CEO of Malcovery Security. “Time sensitive reporting of in-the-wild email-based threats—ahead of antivirus companies by hours and in some cases days—is essential in today’s technology environment.”

To receive a copy of this report please visit http://info.malcovery.com/top-10-phished-brands

With its patented and patent-pending algorithms, Malcovery analyzes the spam on a number of factors and watches for “emerging threats” in the form of email messages that contain links to malicious websites or that contain malicious attachments. Once a new threat cluster is identified in the spam, characteristics about the spam messages and the associated malware are documented.

Malcovery T3 reports key information that is delivered as follows:

• a “human-readable threat report” delivered throughout the day via email, whenever a top threat is detected , is created and distributed to Computer Security Incident Response Teams (CSIRTs) or other appropriate teams, suitable for both end-user education and manual network investigations.
• a directly “machine consumable data feed.” downloaded in a standardized and normalized XML format that can immediately be applied to update blacklists, or be imported into Unified Threat Management (UTM), IDS/IPS, Firewall, Next Generation Firewall, or WebFilter protection services to guard your network from the latest emerging threats.

The Malcovery T3 cyber threat identification service has been recognized independently for its ability to detect threats days ahead of other solutions and for its detection coverage and effectiveness when compared to antivirus offerings. Krebs on Security, a blog authored by noted security reporter Brian Krebs, reviewed the T3 reports in June and July of 2012. Krebs described the effectiveness of current antivirus solutions when compared to T3: “The one detail most readers will probably focus on most in this report is the atrociously low detection rate for these spammed malware samples. On average, antivirus software detected these threats about 22 percent of the time on the first day they were sent and scanned at virustotal.com. If we take the median score, the detection rate falls to just 17 percent. That’s actually down from last month’s average and median detection rates, 24.47 percent and 19 percent, respectively.” See http://krebsonsecurity.com/2012/06/a-closer-look-recent-email-based-malware-attacks/ and http://krebsonsecurity.com/tag/university-of-alabama-at-birmingham/.

Malcovery was launched last year as a result of an exclusive worldwide license with the University of Alabama at Birmingham (UAB) and based on research conducted at the UAB Center for Information Assurance and Joint Forensics Research (CIA|JFR). The company has quickly gained commercial success with enterprise customers such as eBay, Facebook, IBM, VISA and LinkedIn.

About Malcovery® Security (http://www.Malcovery.com)

Malcovery Security is the leading provider of actionable cyber security intelligence and forensic analysis, delivered through software and services that target cyber criminals and their activities. The company's patented and patent-pending technology provides the ability to identify the root sources of cybercrime attacks (servers, perpetrators, locations, etc.), delivering rich actionable intelligence information about cross-brand attacks and targeted attacks, as well as advanced notification of emerging email-based threats.

Unlike services that serve only as a reactive response to these attacks today—services that simply address the symptoms but cannot provide the intelligence to actually stop the cybercriminal—Malcovery Security’s solutions provide the unique intelligence required to respond effectively to attacks on customers’ brands, to disrupt phishing activities and successfully prosecute cybercriminals.

Malcovery Security has offices in Pittsburgh, PA and Birmingham, AL.

For more information, please visit http://www.Malcovery.com or connect with Malcovery on Facebook (facebook.com/malcovery), Twitter (twitter.com/malcovery), and LinkedIn (http://www.linkedin.com/company/malcovery-security).

Editor’s Note: Malcovery® is a registered trademark. ‘Identify the Source. Stop the Threat’ TM is a trademark of Malcovery Security, LLC. All other trademarks mentioned herein are the protected properties of their respective owners.

Kelly Doyle, Malcovery Security, LLC, http://www.malcovery.com, 412-401-5423 (855) 625-2683 X700, [email protected]

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