Home / Industry

COCC Partners with MarkMonitor for Anti-Phishing Services

COCC, a leading provider of next generation technology services for financial institutions, has partnered with MarkMonitor®, the global leader in enterprise brand protection, to help mutual clients protect their brands in the face of increasing Internet-based fraud. COCC will market the MarkMonitor anti-phishing services under its Sentry Services Suite of risk management solutions.

"Our partnership with MarkMonitor enables our company to offer clients the most comprehensive solution for online brand protection available in the industry today," said Richard A. Leone, President and CEO at COCC. "I am especially pleased by the proactive MarkMonitor approach and the effective use the latest technology to achieve excellent results. Today's financial institutions need risk management solutions that work. We look forward to a highly effective partnership with MarkMonitor."

Phishing attacks and online fraud have been growing at a steady rate, and the increasing number and sophistication of these attacks has tarnished consumer confidence in the online banking channel. According to a recent Wall Street Journal/Harris International poll, 24 percent of consumers have limited their online banking due to threats such as identity theft.

"The MarkMonitor anti-phishing methodology is unique in the industry as a result of its focus on preventative as well as reactive measures," said Wendy Healey, COCC's First Vice President — Product Management. "This methodology and the many features that deliver it to end customers make MarkMonitor the superior choice for COCC's Sentry Services risk management suite."

Ms. Healey explained that the pervasive nature of fraud dictates that financial institutions find ways to protect themselves without deploying counter-productive processes that exhaust their resources. "COCC's Sentry Services has a long history of delivering the highest quality, most advanced risk management solutions for COCC clients," she said.

The MarkMonitor anti-phishing solution is the most comprehensive available for protecting an enterprise's reputation and customers against phishing attacks. Leveraging the industry's most extensive network of industry alliances, MarkMonitor antiphishing solutions emphasize prevention and loss mitigation while quickly detecting, monitoring and responding to attacks.

MarkMonitor uses advanced technology to detect fraudsters while their phishing attacks are still in the planning stages. Should an attack occur, the MarkMonitor solution leverages its 24x7 security operations and technology to shut it down quickly. This includes the latest 'rock phish' and 'fast flux DNS' attacks. A web portal enables financial institutions to monitor their sites and access reports on industry-wide fraud activity. Additional features enable customers to report fraudulent or questionable emails directly through the institution's website.

"Our holistic approach to online brand protection is the centerpiece of the MarkMonitor approach," said Frederick Felman, Chief Marketing Officer, MarkMonitor. "This philosophy parallels COCC's approach to reducing brand risk to the financial sector. It's refreshing to partner with a company that has consistently focused on Internet security and has delivered advanced technology to address the problem for so many years. It's no wonder that COCC has earned the respect of so many financial institutions in the Northeastern United States."

ABOUT COCC

COCC is one of the fastest growing data processing companies in the nation and one of this year's FinTech 100 and Inc. 5000. Established in 1967, this client-owned company provides complete enterprise processing solutions to financial institutions using the latest open systems. The company was the first data processor in the United States to migrate its entire client base to an open, relational processing platform built on an Oracle database. Next generation systems and client-driven support make COCC the better data processor. For more information, please visit www.cocc.com or contact Robert Bessel at 860.674.7214.

About MarkMonitor

MarkMonitor

MarkMonitor®, the world leader in enterprise brand protection and a Thomson Reuters Intellectual Property & Science business, uses a SaaS delivery model to provide advanced technology and expertise that protects the revenues and reputations of the world's leading brands. (Learn More)

Related topics: Cyberattack, Cybercrime, Cybersquatting, DNS, DNS Security, Domain Names, Registry Services, Internet Governance, Law, Security, Spam, Top-Level Domains, Web, Whois

WEEKLY WRAP — Get CircleID's Weekly Summary Report by Email:

Related Blogs

Related News

Topics

Industry Updates – Sponsored Posts

Public Interest Registry Announces Sunrise Period for New Internationalized Domain Names

General Availability Period for New .RED Top-Level Domain Opens

General Availability Period for New .BLUE Top-Level Domain Opens

General Availability Period for New .PINK Top-Level Domain Opens

New Chinese "Mobile" Top-Level Domain Now Available

New .KIM Domain Goes Live

Welcome .SHIKSHA! General Availability Now Open

Adrian Kinderis Appointed as Chair of Domain Name Association

Internet Reaches 271 Million Domain Names in the Fourth Quarter of 2013

Why We Decided to Stop Offering Free Accounts

Internet Business Council for Africa Participates at the EU-Africa 2014 Business Forum, Brussels

The Future of Chinese Domain Names (a Panel Discussion)

dotStrategy Selects Neustar's Registry Threat Mitigation Services for .BUZZ Registry

Tony Kirsch Announced As Head of Global Consulting of ARI Registry Services

24 Million Home Routers Expose ISPs to Massive DNS-Based DDoS Attacks

Afilias Chairman Appointed to Domain Name Association Board

.BUILD Enters Landrush with Support of ARI Registry Services

Dyn Acquires Managed DNS Provider Nettica

Radix Awards Contracts for .website, .host, .space, and .press to CentralNic plc

DotConnectAfrica Statement Regarding NTIA's Intent to Transition Key Internet Domain Name Function

Sponsored Topics