In beta, this fool-proof solution utilizes patented techniques to detect fake websites, online frauds and prevention of 'man in the middle' attacks.
Digital Resolve, a
provider of transparent and risk-based authentication solutions, recently
introduced Website Authentication Module to its Fraud Analyst product
for online fraud and identity theft prevention in the financial
services industry.
The module is aimed at the detection of fake websites and the
prevention of website spoofing, more specifically 'man in the middle'
attacks that involve a cyber criminal redirecting the consumer from a
bank's website to the criminal's server. It provides protection against
phishing, pharming and 'man in the middle attacks' without intervention
by end users.
This fool-proof solution utilizes patented techniques to create a
'trusted' server list that legitimizes websites and verifies that there
is no 'man in the middle' for both banking customers and non-customers
alike. Now in beta, the Website Authentication Module will be generally
available in the fourth quarter of 2005.
"Allowing the customer's computer to determine who it is communicating
with is crucial to any mutual authentication strategy. Current
approaches using secure cookies and shared images are still extremely
vulnerable to these types of insidious attacks. They simply do not
provide the necessary – and expected – protection when a man in the
middle is involved and do not even address a bank's prospects," said
Dennis Maicon, Executive Vice President, Financial Services Solutions.