Panda Software Becomes New Member of Anti-Phishing Working Group

Panda Software Becomes New Member of Anti-Phishing Working Group

This Alliance, Formed by the Main Representatives of the IT Security Industry, Aims to Fight Against the Threat of Phishing

GLENDALE, Calif., Jan. 13 /PRNewswire/ -- Panda Software, one of the leading developers of solutions against viruses and intruders has become a Corporate Sponsor of the Anti-Phishing Working Group (APWG), a powerful association made up of the main representatives of the IT security industry, which aims to combat phishing scams.

Phishing scams have become one of the biggest threats to Internet users. These consist of using false email messages, pop-ups and websites to steal personal financial data, such as account numbers, passwords or PINs, etc. Phishing is a problem that is growing rapidly. According to APWG data, these kinds of attacks increased by 180 percent between April and May 2004, demonstrating that more cyber-crooks are turning to this kind of bait to commit fraud online.

APWG Chairman David Jevans said, "We are proud and honored to have Panda Software join us in this effort, especially given the growing role of worms, viruses, Trojan horses and other Internet threats as a medium for delivering phishing attack payloads. The October arrests of Trojan-hackers in Brazil who stole tens of millions from consumers, reminds us of the growing relevance of counter-malware expertise in the fight against phishing."

Peter Cassidy, Secretary General of the Anti-Phishing Working Group, said "The Anti-Phishing Working Group is proud and honored to have Panda Software as a new sponsoring member. The company's long-term research into viruses, worms, Trojans and other malware will be tremendously useful, informing our investigations into the next phase of phishing attack's evolution. What's more, Panda Software brings a European perspective and great depth of experience to the table, broadening the APWG's view of the phishing threat worldwide and enriching our group's internal dialogue."

"Phishing frauds are getting more and more common and it would not be an exaggeration to say that they are one of the main threats faced by users when they browse the Internet or use email. In fact, the consequences of falling victim to one of these scams are disastrous, as they affect both personal and corporate finances. Panda Software, true to its commitment to protect all users against all kinds of Internet threats, has decided to join this working group, as we see a joint effort from the main representatives of the industry as the most effective way to combat phishing," explains Luis Corrons, Head of PandaLabs at Panda Software.

About the Anti-Phishing Working Group

The Anti-Phishing Working Group (APWG) is focused on eliminating the problem of phishing and email spoofing attacks, by developing and sharing information about the problem, and promoting the visibility and adoption of industry solutions. Membership of the group is open to qualified financial institutions, corporations, law enforcement agencies, public policy groups and solution vendors.

The website of the Anti-Phishing Working Group is www.antiphishing.org. It serves as a public and industry resource for information about the problem of phishing and email fraud, including identification and promotion of pragmatic technical solutions that can provide immediate protection and benefits against phishing attacks. The analysis, forensics, and archival of phishing attacks to the website are currently powered by Tumbleweed Communications' Message Protection Lab(TM).

About Panda Software

Panda Software is one of the world's leading developers of IT security solutions, with offices in 50 countries. It is an established pacesetter for the sector in innovation and expansion and is unequalled in terms of satisfying customers' needs for the most advanced technologies, products and services to keep IT resources free from viruses and other threats at the lowest possible Total Cost of Ownership. The company's unique TruPrevent Technologies, the most intelligent technologies to combat unknown viruses and intruders, offer unrivalled preventive protection for all types of clients: from the largest corporations through small and medium-sized companies to home users.

For more information and evaluation versions of all Panda Software solutions, visit our website at: http://www.pandasoftware.com/.

For further information, please contact: Alan Wallace of Panda Software, +1-818-543-6909, pr@pandasecurity.com.


Source: Panda Software

CONTACT: Alan Wallace of Panda Software, +1-818-543-6909,
pr@pandasecurity.com

Web site: http://www.pandasoftware.com/


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