Web Host Netriplex Launches Phishing Detection Service

HostReview.com
Monday, November 8, 2004; 03:01 PM

Netriplex (www.netriplex.com), a provider of anti-spam technology, today began offering its PhishFraud (www.phishfraud.com) detection service to banking, credit card and online retail customers worldwide.

"When phishing scams began to erupt through email, Netriplex engineers developed the anti-fraud technology that effectively protects all of our anti-spam clients," said Jonathan Hoppe, Chief Technology Officer at Netriplex.

In today's world where both businesses and consumers use email for banking, credit card payments, online purchases and much more, spam and fraud require an exceptional solution to ensure that customers' time, money and identities are fully protected from unscrupulous information theft.

"Phishing" emails are a form of spam that attempt to fool recipients into divulging personal financial data, account usernames and passwords, and social security numbers. There is no charge for this service which utilizes the anti-fraud technology featured in Netriplex's business-class spam filtering solution.

"Now that phishing attacks are doubling every month and costing U.S. consumers nearly $3 billion per year, we want to make that technology available free to the public through our PhishFraud.com detection service," adds Hoppe.

Unique phishing blasts that pretend to be from well-known banks and other trusted institutions now number in the thousands per month, resulting not only in theft of money but also in theft of identity.

Data suggests that up to 5% of recipients respond to them, and some 3% of those targeted by phishers reveal personal information, according to a study released in April by the Gartner research firm.

The sophistication of phishing attacks is increasing dramatically. For example, the new "no-click" phishing scam uses a hidden script to redirect its unwitting victims to a fraudulent website designed to capture their log-in details. Such schemes are growing almost daily.

Netriplex is a privately held provider of Anti-Spam, Remote Data Backup and eBusiness Hosting Solutions with its headquarters located in Boston, Massachusetts.