12 December 2017
visit www.avoka.com

Barclays Bank signs up to Cyota's anti-phishing service

04 October 2004  |  7126 views  |  0 Barclays HO

New York security software vendor Cyota has signed the UK's Barclays Bank to its anti-phishing service, FraudAction.

The bank launched a pilot of the FraudAction service earlier this year and is now extending the programme and moving into full production.

Cyota's service is designed to help financial firms detect and manage e-mail scams and phishing attacks. The service includes real-time alert and detection systems to help banks to identify an attack as soon it takes place and take immediate action.

A risk and severity assessment module provides information and analysis regarding the severity of the attack and how to respond effectively, while a "taking action" module utilises Cyota's 24x7 anti-fraud command centre and acts on behalf of the bank in order to shut down spoofed sites and contact ISPs.

Commenting on the roll out of the service, Stuart Mackenzie, fraud senior portfolio manager, Barclays, says the bank decided to take pro-active measures against the phishing problem: "Cyota's financial fraud and phishing specialists work round the clock on our behalf before, during and after a phishing incident."
KeywordsPHISHING

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Apacs launches anti-phishing Web site

Apacs launches anti-phishing Web site

01 October 2004  |  10436 views  |  0 comments
Phishing losses total $500 million - Nacha

Phishing losses total $500 million - Nacha

29 September 2004  |  10873 views  |  0 comments
Majority of financial Web sites contain security flaws

Majority of financial Web sites contain security flaws

24 September 2004  |  7820 views  |  0 comments
Operation Web Snare targets online crime

Operation Web Snare targets online crime

27 August 2004  |  8090 views  |  0 comments
DIY phishing kits available on the Web

DIY phishing kits available on the Web

19 August 2004  |  7329 views  |  0 comments
Phishing attacks rival impact of virus outbreaks - MessageLabs

Phishing attacks rival impact of virus outbreaks - MessageLabs

10 August 2004  |  10004 views  |  0 comments
Phishing will cost financial firms $400m in 2004

Phishing will cost financial firms $400m in 2004

14 July 2004  |  12022 views  |  0 comments
Phishing scams cost US financial firms $1.2 billion - Gartner

Phishing scams cost US financial firms $1.2 billion - Gartner

07 May 2004  |  9654 views  |  0 comments
NHTCU nets phishing gang

NHTCU nets phishing gang

06 May 2004  |  7892 views  |  0 comments
Surge in online phishing - MessageLabs

Surge in online phishing - MessageLabs

19 April 2004  |  9766 views  |  0 comments
E-mail fraud and phishing growing in incidence and sophistication

E-mail fraud and phishing growing in incidence and sophistication

17 February 2004  |  7211 views  |  0 comments
Cyota launches anti-phishing service

Cyota launches anti-phishing service

27 January 2004  |  5311 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit http://info.nice.comvisit www.response.ncr.comvisit www.atos.net

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11770 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8605 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7052 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6764 views comments | 19 tweets | 11 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
6596 views comments | 17 tweets | 35 linkedin

Featured job

Competitive
Germany, Austria or Switzerland

Find your next job