EV SSL Delivers New Protection Against The Growing Number of Phishing Sites

Released on = July 3, 2007, 10:09 am

Press Release Author = Comodo Group

Industry = Software

Press Release Summary = Industry Watchgroup, Anti-Phishing Working Group, Report
Alarming New Statistics That Reveal Near Tripling of Phishing Sites in April 2007

Press Release Body = Jersey City, NJ (July 3, 2007) - The Anti-Phishing Working
Group recently reported that the number of unique phishing sites nearly tripled
between March \'07 and April \'07. April\'s total unique phishing site count was
55,643, up from 20,841 in March. Further, compared to April of \'06, this represents
an increase of more than 5 times (11,121 in 2006 vs. 55,643 in 2007).

Phishing Web sites are social engineering attacks meant to trick visitors into
divulging information such as user names, passwords and account numbers and the main
force driving this dramatic spike is the exponential increase in the number of
phishing sub-domains. Specifically, the latest development in phishing attacks is
the creation of lots of sub-domains so that, rather than having just one phishing
site, these fraudsters will have numerous sub-domains under the main phishing domain
which helps them elude detection. In the event one or more phishing sites are
detected and shut down, more remain online to threaten consumers. Consumers without
means to authenticate these sites often fall prey to the scheme and have their
financial and personal information stolen.

\"These statistics are staggering, and these are just the reported phishing
statistics,\" said Melih Abdulhayoglu, President and CEO of Comodo. \"The phishers are
becoming increasingly savvy, having essentially nothing to lose and everything to
gain. Authentication technology is the best and only line of defense against these
attacks, with EV SSL certificates leading the pack.

Comodo\'s EV SSL certificates take the trusted technology of traditional SSL
certificates and add an additional layer of visual protection. EV SSL certificates
contains important information as to the identity of the site owner and newer Web
browsers, such as WindowsT IE 7, employ technology that turns the address bar green,
presenting the verified identity information contained in the certificate to the
user. This extra authentication enables visitors to verify the site\'s owner as well
as the Certification Authority (CA) which issued the certificate, proving that it is
a real business and not a fake or phishing site. Thus, EV SSL certificates provide
users with even more confidence because they now know who they are conducting
business with.

For more information about Comodo, its EV SSL Certificates and other authentication
solutions, visit www.instantssl.com.
About Comodo

Comodo, through its group of Internet security companies, is a leading Certification
Authority and global provider of Identity and Trust Assurance services on the
Internet. Comodo secures and authenticates online transactions and communications
for over 3,000,000 businesses and consumers.

With a global presence Comodo offers businesses and consumers third-generation
solutions for intelligent security and authentication technologies that create trust
online. Comodo\'s technological expertise includes PKI digital certification, Code
signing certification, integrated authentication infrastructure services, Web
Content authentication, Secure messaging solutions, PCI compliancy scanning, SSL
digital certificates including our flagship InstantSSL brand, HackerGuardian,
Banking solutions including Two Factor Authentication, and digital e-commerce
services.
For additional information on Comodo - Creating Trust OnlineT visit
http://www.comodo.com

Web Site = http://www.comodo.com

Contact Details = 525 washington blvd. Jersey City, NK
+1 888 266 6361
media-relations@comodo.com
www.comodo.com

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