SOURCE: Cloudmark, Inc.

December 18, 2006 11:00 ET

As Predicted, Cloudmark Sees Dramatic Rise in Phishing Attacks on European Banks

Phishermen Leverage "Package" Programs to Move Swiftly From Brand to Brand

SAN FRANCISCO, CA -- (MARKET WIRE) -- December 18, 2006 -- Cloudmark, the proven leader in real-time messaging security, announced today that it has seen a substantial increase in attacks on European banking brands, with increases of nearly 300% in a month in some cases. Phishers are leveraging easily obtainable phishing packages to move swiftly from one institution to another.

Paul Averill, Vice President Sales for EMEA, says Cloudmark is building its European presence and industry initiatives to combat this threat. Recent announcements in Europe include launch of service for Tele2 to protect its subscribers across 22 countries, selection by intY, an email and internet security specialist for Business and Education, and collaboration with Ireland-based Anam Mobile to protect mobile subscribers from "smishing," or phishing threats via SMS.

According to Averill, "Phishers go where they can make the most money most rapidly, and there is still a relatively high level of trust and naivety that allows these threats to take hold. We have seen attacks move swiftly from Barclays Bank to the Bank of Scotland over the few short months since we warned of potential increases last July. Our anti-abuse solutions provide market-leading protection against phishing, spam and viruses, and we look forward to leveraging our experience in industry organizations such as the Anti-Phishing Working Group to support initiatives in Europe."

Cloudmark's Solution

Phishing attacks attempt to gather personal informational from unsuspecting victims through phony websites and call-to-action notices. Phishing attacks are more difficult to identify and stop than regular spam because they are low-volume, targeted, and transient -- easily escaping the attention of traditional solutions that rely on probes and 'honeypots' to spot spam attacks. While phishing attacks are generally smaller in scale than spam, they can be more devastating to subscribers, compromising their privacy and putting them at financial risk.

Cloudmark uses advanced fingerprinting algorithms as well as confirmed phishing URL feeds to provide the most comprehensive and up-to-date protection against all forms of phishing -- from URL to VoIP phishing. Cloudmark's anti-phishing engines are updated every minute as new threats are identified by the Cloudmark Global Threat Network.

How It Works

Cloudmark's Global Threat Network protects 120 million mailboxes in more than 160 countries. The power behind Cloudmark's messaging anti-abuse services is corroborated fingerprints that identify spam, phishing and virus attacks that are updated instantaneously and distributed to the worldwide network every 60 seconds, stopping an attack within moments of first sighting within the network. Combined with live, real-time global information feeds from user clients and multiple tiers of protection, Cloudmark provides protection from inboxes to the network edge and beyond. Cloudmark achieves an extremely high accuracy rate with few to no false positives. Data collection, analysis, and update cycles are fully automated to ensure accurate and "unspoofable" data as well as the industry's fastest, most accurate response.

About Cloudmark

Cloudmark delivers the industry's fastest and most accurate anti-spam, anti-phishing, and anti-virus solutions. Founded in 2001 by pioneers in messaging anti-abuse, Cloudmark's comprehensive portfolio addresses the unique needs of service provider, enterprise and desktop users. A privately held, San Francisco-based company, Cloudmark sits on the steering committee of the Anti-Phishing Working Group ( and the board of directors of the Messaging Anti-Abuse Working Group ( For more information about Cloudmark, visit

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