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American Eagle Federal Credit Union Selects Cyveillance Anti-Phishing™ Solution to Proactively Protect Customers

Arlington, VA (PRWeb) December 18, 2006 -- Cyveillance, the leading provider of online risk monitoring and management solutions, today announced its selection by American Eagle Federal Credit Union (AEFCU) of East Hartford, CT to help strengthen their existing security measures and protect online banking customers from phishing attacks. This proactive anti-phishing solution provides early warning to AEFCU of potential phishing Web sites. Once identified, Cyveillance can quickly take down these sites, eliminating the threat of identity theft and fraud to unsuspecting online customers.

“As the largest federal credit union in Connecticut, we take the safety of our members’ identities and personal information very seriously,” said Eric J. Snyder, head of Network Security at AEFCU. “After an extensive review of anti-phishing offerings, Cyveillance with its comprehensive Internet monitoring technology stood out for its ability to effectively identify phishing sites and take immediate corrective action to take them down. This unique approach allows us to proactively protect our customers from online scams that target their identities and accounts.”

Cyveillance alerts AEFCU in real time when its Internet monitoring technology detects a potential phishing attack. To fully eliminate the threat posed by the attack, AEFCU utilizes Cyveillance site take down and URL blocking services, complete with Service Level Agreements, to protect its customers who otherwise would be unable to recognize these fraudulent Web sites.

“Phishing attacks are no longer just cookie cutter attempts at stealing personal information,” said Panos Anastassiadis, CEO of Cyveillance. “As phishers become more sophisticated in their approaches to identity theft, companies must take a proactive approach in creating a safe and secure online experience for their customers. 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 American Eagle Federal Credit Union
American Eagle Federal Credit Union is the largest community credit union in Connecticut with assets of $902 million, 96,000 members, and 16 retail offices. Membership is open to any person who lives, works, worships, or attends school in Hartford, Middlesex, or Tolland Counties. The Credit Union was founded in 1935 by employees of Pratt & Whitney Aircraft. Member deposits are federally insured by the National Credit Union Administration (NCUA), a US Government Agency. For more information, go to http://www.americaneagle.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 Cyveillance’s immediate corrective response capability, chief security officers can proactively protect their company’s 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. For more information, go to www.cyveillance.com

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

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