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Providers cast wider anti-phishing net

Proliferation of services similar to explosive growth of anti-spam industry.
By Cara Garretson , Network World , 06/26/2006
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It's easy to see how phishing, the illegal practice of using e-mail to extract sensitive information from unsuspecting users, is becoming mainstream: Count the number of messages in your in-box that purport to be from eBay.

You also could tally the number of services on the market designed to protect in-boxes from these malicious e-mails.

According to the Anti-Phishing Working Group, in March there were 18,480 incidents of phishing reported. In April that number dipped slightly to 17,490, then rebounded to an all-time high of 20,109 in May. Much like the anti-spam market that exploded earlier this decade, the number of security companies with services designed to protect people from phishing attacks has grown rapidly over the past few years.

Compounding the problem is the fact that phishing can do serious financial damage to consumers and corporations. While spam carries its own costs in terms of bandwidth, e-mail storage and lost productivity, phishing attacks can extract data that is sometimes so sensitive it's impossible to put a price tag on it (intellectual property, for example).

Making matters worse is the fact that phishers have enough financial incentive to develop complex, obscure networks of zombie PCs to do their phishing that they are staying one step ahead of vendors.

"No one vendor can catch all the phishing attacks," not even AOL, which does the best job of protecting its subscribers, says Avivah Litan, vice president and research director at Gartner.

Nonetheless, the security market is responding. Anti-phishing products designed for consumer use have been available for a few years, such as tools from AOL and EarthLink that help protect their subscribers from the threat. Protection for enterprises has taken longer to evolve - perhaps because phishing has been viewed as a consumer problem - but today many security vendors offer phishing protection either by blocking malicious e-mail from entering users' in-boxes, or by halting access to URLs that are known phishing sites. While such features are touted by makers of Web- and e-mail-filtering software and appliances, some say the most effective way for enterprises to prevent phishing is through a hosted service that never lets the dangerous e-mail onto a corporate network to begin with.

Many of the established companies that host e-mail security, such as AppRiver, MessageLabs, Microsoft (formerly Frontbridge), Postini and Symantec have tuned their filters that catch unwanted commercial e-mails to flag phish also. Turning to anti-spam service providers for protection from phishing makes sense for enterprises, because the approaches to spotting the two are similar, says one analyst.

Anti-phishing "is definitely part of the same technology" as spam catching, says Richi Jennings, lead analyst with Ferris Research. "It's the same sort of rules and heuristics used to spot phishing messages [as spam messages], but they are subtly but importantly different."

"Technically speaking, phishing is just a form of spam, where the call to action for the recipient just happens to be a lot worse than clicking through to some site selling herbal Viagra," echoes Andrew Lochart, Postini's senior director of marketing. There are nuances Postini looks for in inbound e-mails - how the URL linking to the fraudulent site is displayed in messages, how the SMTP conversation took place among servers - to help spot phishing attacks.

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