Unique Phishing Attacks (2008 vs in thousands)

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3 The process of attempting to acquire sensitive information, such as usernames, passwords and credit card details by masquerading as a trustworthy entity in an electronic communication. In the 2 nd half of 2009: At least 126,700 phishing attacks 28,775 unique domain names used for phishing Approximately 6,370 domains registered maliciously Average uptime of an attack almost 32 hours Overall increase of over twice the attacks in the 1 st half of Unique Phishing Attacks (2008 vs in thousands)

4 Malware that appears, to the user, to perform a desirable function but, in fact, facilitates unauthorized access to the user's computer system. Malware attacks have grown by 600% since 2008 Top 20 malwares: >1.25M infected computers A new web page is infected every 1.3 seconds ~2M web pages infected each month 77% of infections are from legitimate sites Most financial Trojans (e.g. Zeus) have long life spans and may be undetected by an anti-virus Over 537 active Zeus crime-ware domains active worldwide % Infected by Zeus % % non updated AV updated AV no AV

5 A hacker's attack aiming to redirect a website's traffic to another website. Technologically advanced attacks, becoming more prevalent as wireless networks become abundant Practically impossible to detect Popular in two main forms: modification of host files utilizing the weaknesses in DNS services Can target several brands and victims during a single attack May be combined with phishing and malware Currently, there is no technological solution to monitor and measure the effects of MITM attacks worldwide. Security personnel are unaware of these actions in real time and do not have the capacity to discover them online. The phenomenon is discussed in many research and security news reports as the next security threat to online banking.

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7 Online fraud prevention focusing on Identity Protection and Transaction Integrity. Completely clienteles (!) while solving problems like MITB, MITM identifying infected end-user machines, Phishing attacks set-up (!), Pharming attacks and all in REAL-TIME. Bottom line: ZERO impact on user experience, MINIMAL implementation and very comprehensive fraud PROTECTION. Versafe solution is implemented in various environments, such as ebanking, insurance, Gaming and ecommerce.

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9 Pharming Phishing

10 How long does it take to detect a Phishing site? When did the phishing site go on the air? Who is the attacker? How many victims? Who are these victims?

11 Fast, definite detection and identification of phishing Detection of website copying and uploading Scans to identify potentially harmful sites Automatic spam scanning and filtering (2) The Hacker Uploads the Fake Website Hacker s Fake Website (3) The vtrack sends an immediate alert Real Website The vtrack (1) The Hacker Downloads the Real Website Hacker

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20 Management Console Versafe Phishing Alert Versafe Phishing Alert Message Text Message (SMS)

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22 Versafe Phishing Alert john_smith, phishing victim Versafe Phishing Alert john_smith, phishing victim

23 Versafe enables the immediate detection of a Phishing attack. Versafe provides the organization with useful information: Instant detection of phishing site setup The attacker s IP Number of victims that logged into the phony site Usernames and IP s of victims

24 Faster response, shorter up times Real time alerts Shut down of fraud sites within four hours of detection Blacklisting on browsers Disinformation of the attacker Detection of affected users Collecting forensic information

25 Phishing Trojans Pharming

26 How can I neutralize end-users Trojans transparently? Who are my infected users? What can I do once I found out a user is infected? How do I prevent a Trojan from altering a money transfer route? Can I trust the end user to stay updated on security?

27 Prevention, damage mitigation, identification of an infected PC Encryption in the application layer Detection of duplicated communications Detection of Malicious Script Injection on the client side Scanning for credentials in Trojan drop zones The Trojan Company Website The vcrypt (1) The user logs into the real site from a Trojan infected PC (2) The vcrypt encrypts the credentials sent from the user to the site and sends an alert (3) The Trojan dropzone receives useless, encrypted information

28 2) The vcrypt Server component 6) The vcrypt generates Server the component Public & decrypts Private Keys the encrypted credentials 4) The customer fills in the credentials. The vcrypt Client component encrypts the credentials with the Public Key in the application 1) The Client sends a request for the login page 3) The login HTML code returns to the 5) The client customer with the sends vcrypt the Client component encrypted credentials & with the to Public the Key application server Web Application with vcrypt component Client 7) The Trojan sends the encrypted useless credentials to the Drop Zone Trojan Server Drop Zone

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35 Management Console Versafe Malicious Script sfer.js Versafe Malicious Script Message Text Message (SMS)

36 Versafe neutralizes the effects of Trojans transparently Versafe provides the organization with useful information: Infected users are reported to the organization There is no need for intervention by the user Advanced encryption disables Trojan functionality There is no need for compliance or cooperation by the user

37 Phishing Pharming Trojans

38 How many users connect to the organization over a tapped network connection? Who are these users? Where have they logged in from? Who is the attacker? How do I prevent a Pharmer harvesting useful data?

39 Prevention, damage mitigation, identification Encryption in the application layer Detection of unsecure communications, MITM and DNS Hijacking Hacker Company Website (1) The user logs into the site, unknowing that the line is tapped (2) The vcert ensures the connection is secure. If not, it sends an alert (3) The vcrypt encrypts the required information The vcert

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41 Management Console Message Text Message (SMS) Versafe Pharming Alert Versafe Pharming Alert

42 Versafe enables the organization to know of each user that logs in from an unsecure location, in real time. Versafe provides the organization with useful information: Identities of Pharming victims Location and IP of compromised router IP of the attacker Advanced encryption renders harvested data useless

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44 Real-time detection of website copying & victims identify 24/7 monitoring and scanning of fraudulent activity Encrypting data on the most dangerous environment the application layer Identifying modifications on the end user browser in real-time Real-time detection of monitoredby-anattacker login 24/7 feed Black list of IP s worldwide

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