Comodo Combats New Variations of Online Fraud with New Class of Identity and Trust Assurance Solutions

Jersey City, NJ (June 05, 2007) - Comodo, a globalCertification Authority and leading provider of Identity and Trust AssuranceManagement solutions, today announced that it is committed to protecting onlinemerchants from a new wave of fraudsters who are better funded and are using newertechnology and techniques. These emerging classes of fraudsters are especiallytargeting the smaller or newer merchants because these enterprises seldom have thefinancial or IT resources to protect themselves against the increasing levels ofscammer sophistication. Some recently publicized frauds include the use of GoogleAdWords where they drive traffic to mimicked sites, thus potentially damaging thereputation of legitimate eMerchants (http://www.msnbc.msn.com/id/1 8348120/). Inanother new scam variation, fraudsters are threatening smaller eMerchants with adenial-of-service (DOS) attack if these merchants do not pay heavy "fees". Recently,such a gang was sentenced to 8 years in prison by Russian authorities for this typeof activity,(http://www.newbusin ess.co.uk/article/17/05/2007/v irus_vulnerability.html. Both areexamples of a step change in the level of confidence fraudsters have and theresources available to them.

Comodo has responded with its cutting-edge suite of Identity and Trust Assurance(ITA) products and solutions to mitigate online threats. Comodo's ITA for small andmedium-sized businesses (SMBs) is a suite designed to address diverse trust threats.The suite includes:

* EV SSL certificates that deliver new level of site identity assurance througha highly visible green indicator delivered through the new security browserssuch as Microsoft IE7. * Built on the research which confirms that site seals increase customerconversion, Comodo TrustLogo provides verifiable proof of the merchant'sauthenticity and the authenticity of the TrustLogo on the site with a simplemouse-over. No other site seals provide this level of verifiable trust. * To protect servers from hackers, HackerGuardian, a vulnerability scanningsolution, performs more than 14,000 daily tests and offers remedial advice whena threat is detected. Servers that are secure display a HackerGuardian TrustLogoproviding visible reassurance of a site's server safety. * PCI scan compliancy certification to prove adherence to PCI industry standardswhich assures secure handling of sensitive customer credit card information

"Internet scammers are increasingly well-funded and well-organized to launchsophisticated social engineering attacks, abusing the trust that consumers have inbusinesses of any size. These risks threaten to strain the Internet's growth asconsumers cut back their online transactions and move toward more conservativeonline behavior," said Melih Abdulhayoglu, President and CEO of Comodo. "Comododeveloped its ITA solutions to keep small and medium-sized businesses one step aheadof the criminals."

Comodo offers the ITA suite at retail prices starting from $79 so that businesses ofall sizes can deliver a highly trusted online environment that is authenticated andsecure. The ITA suite is one of part of Comodo's strategy to transform from asecurity-oriented model into a strategic conversion process using authentication forincreased trusted transactions. For more information on the Comodo's ITA suite orother solutions, please visit www.instantssl.com.About Comodo

Comodo, through its group of Internet security companies, is a leading CertificationAuthority and global provider of Identity and Trust Assurance services on theInternet. Comodo secures and authenticates online transactions and communicationsfor over 2,000,000 businesses and consumers.

With a global presence Comodo offers businesses and consumers third-generationsolutions for intelligent security and authentication technologies that create trustonline. Comodo's technological expertise includes PKI digital certification, Codesigning certification, integrated authentication infrastructure services, WebContent authentication, Secure messaging solutions, PCI compliancy scanning, SSLdigital certificates including our flagship InstantSSL brand, HackerGuardian,Banking solutions including Two Factor Authentication, and digital e-commerceservices.

For additional information on Comodo - Creating Trust Online visithttp://www.comodo.com

Source: Express-Press-Release.com

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