Press Release
Release Date:
November 27, 2006
Cyveillance Partners with NAFCU Services Corporation
To Offer Members Anti-Phishing Protection
Partnership offers comprehensive protection against online fraud scams including credit card information monitoring and alerting services
ARLINGTON, VA., November 27, 2006 – Cyveillance, the leading provider of online risk monitoring and management solutions, today announced a partnership with the NAFCU Services Corporation to offer and promote Cyveillance’s Anti-Phishing and online credit/debit card monitoring solutions. Additionally, NAFCU has selected Cyveillance's intelligence-based anti-phishing solution to strengthen its existing security measures for detecting and preventing phishing attacks on its own website.
“As more phishing attacks begin targeting credit unions, our members are constantly looking for aggressive solutions to protect against potential customer fraud,” said NAFCU Services Corporation President David C. Frankil. “What distinguished Cyveillance from other providers is their proactive approach. When NAFCU was the target of recent phishing attacks, Cyveillance helped us quickly eliminate fraudulent sites. In addition to our first hand experience as a Cyveillance customer, their ability to constantly monitor movement of compromised credit/debit cards and personal information – which is unique – was a major factor in their selection as a Preferred Partner. ”
Cyveillance Anti-Phishing™ provides advanced warning of potential phishing attacks through comprehensive Internet monitoring and real-time logging of fraudulent phishing sites. Once it confirms a Web site as counterfeit, Cyveillance takes the necessary steps to quickly take down the site, eliminating the threat of identity theft and fraud to unsuspecting online customers. Cyveillance can also provide credit/debit card monitoring services for credit unions to proactively identify stolen card and personal information being openly sold or traded on the Internet, minimizing losses due to credit card fraud.
“Because of their personalized relationships with their customers, we are seeing credit unions take an aggressive stance in combating online fraud,” said Panos Anastassiadis, CEO of Cyveillance. “Establishing a partnership with NAFCU ensures that we give local credit unions the necessary solutions to fight this growing problem while supplying NAFCU with the reputation protection it requires.”
NAFCU Services Corporation, a wholly-owned subsidiary of NAFCU, has been in business since 1975 and currently offers 21 Preferred Partner programs to the credit union community. For each product or service available, there are a host of companies from which a credit union can choose. NSC has conducted extensive research in order to best identify those that offer outstanding value and opportunity.
NAFCU is the only national organization that focuses exclusively on federal issues affecting credit unions, representing its members before the federal government and the public. For more information about NAFCU, visit www.nafcu.org.
About Cyveillance
Cyveillance provides online risk monitoring and management solutions to Global 2000 organizations. The company comprehensively monitors the Internet using patented technology to deliver early warning of risks to information, infrastructure and individuals. Armed with this actionable intelligence and Cyveillance’s immediate corrective response capability, chief security officers can proactively protect their company’s reputation, revenues and customer trust. Cyveillance counts over half of the Fortune 50 and three quarters of the top Fortune 500 companies in the financial services, pharmaceutical, energy, and technology industries as clients. For more information, please visit www.cyveillance.com.