Yasmin Mahmood, CEO of the Malaysian Digital Economic Corporation (MDEC), and...
Updated version of proprietary software detects early signs of phishing, pharming, malware and fraudulent activity, disabling electronic fraud attempts before they become real threats
Sunrise, FL, October, 2012 – With cybercrime costing customers an estimated US$110 billion in the past 12 months, according to Norton’s annual Cybercrime report, companies are under pressure to improve the security of their online transactions. Leading cyberfraud monitoring company Easy Solutions is proud to announce it has incorporated earlier fraud detection, expanded real-time monitoring and faster malware disabling capabilities into its industry-leading Detect Monitoring Services (DMS) online protection system, allowing it to neutralize even the most preliminary attempts at electronic fraud.
Easy Solutions has responded to the sharp rise in online fraud by incorporating an even more powerful connection analysis technology into its proprietary DMS software. The technology, which monitors protected sites invisibly, identifies specific patterns and behaviors typical in the early stages of phishing scams, stopping the attacks before they become real threats. Capabilities are delivered in a simple software that protects sensitive customer transactions and data on all devices, channels, premises and clouds while complying with business regulations.
DMS’ already-impressive online fraud prevention track record, including a 76-percent proactive detection rate among the nearly 800,000 unique phishing attacks identified on clients in the past 12 months and an average malware deactivation time of just 3.6 hours, is expected to improve even more thanks to the enhancements.
Other new features of the upgraded DMS include a more user-friendly, cloud-based portal allowing customers to report new cases, track incidents and monitor live threats in real time and 24/7; access the list and resolution history of all incidents; and download reports that assist with regulatory compliance. Real-time monitoring visualization shows all connections to the client’s protected sites and the alerts created when suspicious activity is found, while the new live heat map report shows the host countries of phishing and malware attacks against protected client sites. A new user rights assignment interface supports feature-based access control of multiple DMS users, and custom time zones can now be defined for incidents and history reports.
Existing customers will immediately benefit from the feature additions and enhancements of the new version of DMS at no extra charge.
DMS is part of Easy Solutions’ comprehensive online fraud detection system, which also includes secure browsing, multifactor authentication and transaction anomaly detection offering a one-stop shop for multiple fraud prevention services. Easy Solutions Total Fraud Protection® suite can be employed across multiple channels (for example, call centers, online and automated tellermachines), enabling organizations to stop cross-channel fraud.
For complete details about Detect Monitoring Services, please visit http://www.easysol.net/newweb/Services/detect-monitoring-service
About Easy Solutions
Easy Solutions is the only company worldwide to focus exclusively on the comprehensive detection and prevention of electronic fraud across all devices, channels, premises and clouds.
Its activities range from anti-phishing and secure browsing to multifactor authentication and transaction anomaly detection. The online activities of 24 million customers of 80 leading financial services companies, security firms, retailers, airlines and other entities in the United States and abroad are protected by Easy Solutions fraud prevention systems.
Posting a nearly 1500-percent growth rate during the past three years, Easy Solutions made the Inc 500 List of Fastest-Growing Companies in 2011, was a Red Herring Top 100 North America Tech Start-Up in 2012, has been included in Gartner’s Magic Quadrant for Web Fraud since 2011 and has won rave reviews from such authorities in IT security as SC Magazine for its online fraud prevention solutions.
Easy Solutions is a proud member of such key security industry organizations as the Anti-Phishing Working Group (APWG), the American Bankers Association (ABA), the National Institute of Communication Technologies (INTECO), Independent Community Bankers of America (ICBA) and the Florida Bankers Association (FBA).