Texas-based WholeSecurity has signed Visa, Microsoft, eBay and PayPal to its Phish Report Network which enables firms to report fraudulent Web sites to a central database.
Companies subscribing to the Phish Report Network can access the database to report phishing attacks or receive real-time notifications of known phishing sites.
Recipients obtain the aggregated lists and can incorporate them into software, e-mail and browser services to inform consumers of known fraudulent sites.
Ryan Hamlin, general manager of the safety technology and strategy group at Microsoft, comments: "The data that the Phish Report Network will provide can help Microsoft immediately better defend our millions of users worldwide against these nefarious phishing attacks."
Peter Selda, CEO, WholeSecurity, says: "The partnership we have formed with the founding members of the Phish Report Network is an important, groundbreaking step in re-establishing consumers' confidence in online channels."