[August 11, 2016] |
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Easy Solutions Unveils "Swordphish" Predictive Risk Technology
Easy
Solutions, the Total Fraud Protection® company, today released its
Swordphish predictive phishing and malware risk assessment technology in
a public
beta. Some of the world's largest email providers, email security
vendors, email marketing providers and Big 5 consulting firms have
already signed on to beta test the technology, in the hopes of reducing
their role in phishing attacks.
Despite the adoption of blacklist-based anti-phishing technologies,
phishing attacks are at an all-time high. The Anti-Phishing Working
Group (APWG) observed more phishing attacks in the first quarter of 2016
than in any other three-month span since it began tracking data in 2004.
APWG reported that the number of phishing websites it detected jumped a
startling 250 percent between October 2015 and March 2016.1
Backward-looking anti-phishing technologies are no longer fast enough to
keep up with the rapid proliferation of phishing sites. As a result,
ISPs and hosting providers, online ad companies, social networks and
short URL providers among other companies are dealing with a deluge of
phishing complaints from their customers.
Swordphish is an API-based tool that helps these organizations leverage
the power of prediction to combat "alert fatigue" comon in large
organizations to detect phishing, malware and ransomware attacks in the
critical period before these threats are added to conventional
blacklist-based solutions. Swordphish looks forward, while
blacklist-based solutions look backward, thereby filling a critical gap
in current detection systems.
Swordphish consists of three discrete machine-learning classifiers that
have been trained to recognize subtle and discrete differences between
benign URLs and malicious URLs used by cybercriminals, malware authors
and fraudsters. Swordphish provides this unique capability without the
use of blacklists and is designed to integrate into high-volume
workflows to score and prioritize potential risk for thousands or even
millions of URLs from various event sources.
"We developed Swordphish as an internal tool to enhance our ability to
detect and prioritize truly critical attacks within a sea of streaming
security event data," said Daniel Ingevaldson, CTO of Easy Solutions.
"Once we saw the power of Swordphish, we decided to make the technology
available publically to support our customer's requirements for
predictive malware detection, predictive spear-phishing detection,
improved security event processing efficiency and orchestration. We are
excited to be accepting requests to access the Swordphish technology and
we look forward to working with our customers to deploy Swordphish to
decrease response time, gain insight into zero-day attacks and to help
reduce the cost and complexity of managing large security volumes."
For more information about Swordphish, visit https://www.easysol.net/swordphish/.
ABOUT EASY SOLUTIONS
Easy Solutions is a leading security vendor focused on the comprehensive
detection and prevention of electronic fraud across all devices,
channels and clouds. Our products range from anti-phishing and secure
browsing to multifactor authentication and transaction anomaly
detection, offering a one-stop shop for multiple fraud prevention
services. The online activities of over 94 million customers at 350
leading financial services companies, security firms, retailers,
airlines and other entities all over the world are protected by Easy
Solutions fraud prevention systems.
United States: 8550 N.W. 33 Street, Miami FL 33122. Phone (News - Alert): 1
(866) 524 4782
Latin America: Cra. 13A No. 98 - 21 Of. 401. Bogota, Colombia.
Phone: +57 1 - 742 5570
1 http://docs.apwg.org/reports/apwg_trends_report_q1_2016.pdf
View source version on businesswire.com: http://www.businesswire.com/news/home/20160811005153/en/
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