Symantec offers online fraud protection

Symantec announced the availability of Symantec Online Fraud Protection, a comprehensive program that includes Symantec services, education and ongoing monitoring and management capabilities designed to protect businesses that conduct large volumes of financial transactions and their customers from losses due to online fraud.

This offering helps businesses shield their customers from a variety of online threats, including phishing and pharming. By helping their customers safely conduct transactions online, businesses can boost customer loyalty, minimize financial loss and legal exposure, and reduce risks to their corporate brand.

It is a flexible program that combines a variety of offerings based on customer need. This offering is also backed by Symantec's Global Intelligence Network which provides the most comprehensive view of Internet attack activity based on security intelligence data gathered from around the world. The Global Intelligence Network includes 11 security response centers that analyze data from more than 2 million email accounts, 120 million systems and more than 40,000 devices in more than 200 countries. Symantec Online Fraud Protection includes:

Phishing Monitoring: Watches for new phishing attacks and other attacks on the client's brand.

Transaction Monitoring: Reviews transactions on back-end systems and blocks fraudulent activities.

Online Fraud Incident Response and Countermeasures: Provides rapid response to attacks in order to minimize losses and protect brand reputation, including working with ISPs to curtail the activities of fraudsters.

Malware Intelligence and Analysis: Provides monitoring of malware targeting a specific brand and analysis of new malware behavior.

Consumer Education and Protection: Helps organizations educate and protect their end-user customers from online threats and minimize the risk of fraud.

Expert Resident: The offering also includes an expert resident from Symantec, with access to a variety of security intelligence data sources, who works with in-house staff to provide security expertise and serve as the primary point of contact leading all online fraud protection efforts.

Symantec Online Fraud Protection is available globally. Pricing is based on the number of brands protected, the number of online users and the degree of onsite support required. For more information, visit Symantec Online Fraud Protection.

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