Articles & News About Health

National Institute of Health Federal Credit Union Selects Cyveillance Anti-Phishing™ Solution to Protect Customers

ARLINGTON, VA., November 20, 2006  Cyveillance (http://www.cyveillance.com/), the leading provider of online risk monitoring and management solutions, today announced its selection by the National Institute of Healths Federal Credit Union (NIHFCU) to strengthen existing security measures and protect online banking customers from phishing attacks. The anti-phishing solution provides early warning to NIHFCU of potential phishing attacks through continuous Internet monitoring and real-time logging of fraudulent phishing sites. Once identified, these sites can then be taken down quickly, eliminating the threat of identity theft and fraud to unsuspecting online customers.

NIHFCU has always had measures in place to secure member data within our own perimeters; however, with phishing attacks targeting members outside our secure network, internal protection alone is no longer enough, said John Szeglin, IT Manager at NIHFCU. Using the services of Cyveillance and its comprehensive monitoring of the Internet, we are able to ensure that our customers can safely use the NIHFCU online banking channel and that the integrity of our online brand reputation is securely maintained.

As phishing sites are identified by Cyveillance, intelligence about each attack is delivered in real-time, enabling NIHFCU to take the appropriate security measures. In addition to its comprehensive Internet monitoring, Cyveillance also provides site take-down services to ensure that fraudulent Web sites no longer pose a risk to NIHFCU customers.

Phishing attacks have grown so rapidly that they can no longer be idly dismissed as rare occurrences, said Panos Anastassiadis, CEO of Cyveillance. Companies that conduct business online must take a proactive approach in creating a safe and secure experience for their customers in order to protect the long term use of the online channel. Our anti-phishing services enable companies to enhance existing security solutions by quickly and accurately identifying Web sites where suspicious and anomalous behaviors have been detected, categorized and confirmed as a threat.

About National Institute of Health Federal Credit Union
Founded in 1940, NIHFCU is dedicated to quality member service and committed to meeting members' financial needs. NIHFCU conducts its business with its members through a network of branches, ATMs, phones, faxes, e-mail and even standard mail. NIHFCU has established Internet, wireless and phone access for members to manage their own accounts at their convenience from around the world. Through partnerships, NIHFCU is able to offer members a complete line of mutual funds, annuities and insurance products; free car and home buying services; and money management services. For more information on NIHFCU, please visit www.nihfcu.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 Cyveillances immediate corrective response capability, chief security officers can proactively protect their companys 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.

Media Contact:            
Tony Welz   
Welz & Weisel Communications
703-218-3555

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