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NTT Comware Launches PHISHCUT Digital Watermarking Anti-Phishing Solution
(Comtex Business Via Thomson Dialog NewsEdge)Tokyo, Japan, Apr 03, 2006 (JCN Newswire via COMTEX) --NTT Comware will launch sales of PHISHCUT, an anti-phishing solution which utilizes digital watermarking technology. The solution is designed to protect personal information from phishing scams which utilize counterfeit websites to solicit personal information.
PHISHCUT embeds digital watermarks into websites used by financial institutions as well as internet banking and shopping sites. PHISHNET also determines and informs the users who access these sites whether the website to which they are attempting to send personal information including their User ID and credit card number is real or counterfeit.
First, NTT Comware's Authentication System compares the data embedded within the digital watermark with the data contained within the website. If the website is an official website with a digital watermark, PHISHCUT will allow the user's personal information to be sent. However, if PHISHCUT determines the website to be potentially counterfeit, PHISHCUT will display a warning on the user's browser and will prevent the user's personal information from being sent to the website.
The PHISHCUT system utilizes three components: the digital watermarks embedded in websites, specialized software essential for browser terminals, and the Authentication System. The digital watermark obtained from the Authentication System is set on the customer's website, and the bona fide data for the website is recorded. No special equipment is required, allowing customers to easily implement this solution. In addition, the only preparation required from the users accessing the website is the downloading of the specialized software from the Authentication System.
In addition, if the important data is recorded onto the downloaded software beforehand, PHISHCUT will display a warning which gives users the option to send or not send their personal information to websites the user has accessed which contain no digital watermark.
With the objective of protecting the personal information of internet users from the phishing scams expected to increase in Japan, NTT Comware will expand its sales of this solution to financial institutions beginning with banks and has set a sales target of 600,000,000 Yen for the three-year period beginning from April 2006.
The authentication server and the website from which the specialized software is downloaded are prepared by NTT Comware, and are provided to users through an ASP. The service usage fees for the PHISHCUT Solution can begin from 500,000 Yen a month in the case where PHISHCUT is adopted by one bank and the Authentication System is accessed 250,000 times or less during a one-month period.
NTT Comware plans to launch sales of PHISHCUT in mid-April.
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