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

Jersey City, NJ (July 3, 2007) - The Anti-Phishing WorkingGroup recently reported that the number of unique phishing sites nearly tripledbetween March '07 and April '07. April's total unique phishing site count was55,643, up from 20,841 in March. Further, compared to April of '06, this representsan 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 intodivulging information such as user names, passwords and account numbers and the mainforce driving this dramatic spike is the exponential increase in the number ofphishing sub-domains. Specifically, the latest development in phishing attacks isthe creation of lots of sub-domains so that, rather than having just one phishingsite, these fraudsters will have numerous sub-domains under the main phishing domainwhich helps them elude detection. In the event one or more phishing sites aredetected and shut down, more remain online to threaten consumers. Consumers withoutmeans to authenticate these sites often fall prey to the scheme and have theirfinancial and personal information stolen.

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

Comodo's EV SSL certificates take the trusted technology of traditional SSLcertificates and add an additional layer of visual protection. EV SSL certificatescontains important information as to the identity of the site owner and newer Webbrowsers, such as Windows IE 7, employ technology that turns the address bar green,presenting the verified identity information contained in the certificate to theuser. This extra authentication enables visitors to verify the site's owner as wellas the Certification Authority (CA) which issued the certificate, proving that it isa real business and not a fake or phishing site. Thus, EV SSL certificates provideusers with even more confidence because they now know who they are conductingbusiness with.

For more information about Comodo, its EV SSL Certificates and other authenticationsolutions, 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 3,000,000 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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