Phishing / Pharming Monitoring

Phishing is the act of sending an e-mail to a user, falsely claiming to be an established legitimate financial institution in an attempt to scam the user into surrendering private information that will be used for identity theft. The e-mail directs the user to visit a web site that appears to be the financial institution’s site (Pharming). Once there, the user is asked to update personal information, such as username, password, credit card, social security and bank account numbers, that the legitimate financial institution already has. The web site however, is bogus and set up only to steal the user’s information. By spamming large groups of people, the “phisher” counts on the e-mail being read by a percentage of people who actually are a member of the financial institution.

Vault Solutions & Services recognizes that phishing is a growing problem for all financial institutions. The unique phishing / pharming monitoring and scanning will help detect fraudulent sites immediately and allows a quick response to these attacks. It enables credit unions to be proactive in fighting this latest assault on their users’ personal information. As an additional service, Vault Solutions & Services can also rapidly respond to phishing attacks, acting quickly to shut down sites and minimize damage.

Contact us about our monitoring solutions.