BioCatch is happy to be addressing the phishing problem and announcing their new solution during cybersecurity awareness month. Cybersecurity Awareness Month started in 2004 as in initiative led by the Cybersecurity and Infrastructure Security Agency (CISA) and the National Cybersecurity Alliance (NCA) lead a collaborative effort between government and industry to raise cybersecurity awareness nationally and internationally. In 2022, one of the key pillars is educating the public on identifying and avoiding phishing scams as phishing calls, texts, and websites have become a pandemic in today’s digital age.
Shutting down fake websites before they do damage
The Phishing Site Detection solution generates real-time alerts on new lookalike phishing sites, enabling financial institutions to act quickly and shut down the sites before they can scam more customers. The Victim Reports provide details of user accounts that are at potential high risk because the account holder entered their personal information into a lookalike phishing site. Banks that leverage next-day reports can notify affected customers, helping the user to update security details and regain control over their personal identifiable information to reduce future fraud victimisation.
Specific to phishing sites, insight from one BioCatch customer…
