Case Studies

Anti-spam agreement

by Mark Rowe

The IT security vendor Kaspersky Lab and email intelligence company Return Path have a new initiative to combat international fraud including phishing attacks and other abuse targeting consumers and service providers. The companies have agreed on a framework to share threat data and security analytics to detect and thwart email abuse, protect IT users from malware and spam, and enable mailbox providers to identify and address fraud within their networks.

Kaspersky Lab will incorporate Return Path’s Reputation Network Blacklist and Certified Whitelist into its spam detection analysis to improve the speed and accuracy of its suite of products, specifically their anti-spam detection. Each of these lists is updated in real-time to identify abusive and fraudulent sources of email, and to audit legitimate email senders that comply with mailbox providers’ best common practices, respectively. In exchange, Return Path will use the email abuse data provided by Kaspersky Lab to further improve its excellence in email stream analysis and enable its customers to respond faster to email abuse.

Return Path’s data networks now help to protect more than 2.4 billion mailboxes worldwide, representing nearly 70% of the estimated worldwide total. This scope gives the firms the ability to make they say significant progress toward protecting users from email-borne threats, and allowing mailbox providers to keep their networks free from abusive mail.

“Kaspersky Lab has a long-standing reputation of making the first and most relevant security discoveries. Our capacity to leverage the core security intelligence is further extended by Return Path’s expertise and unique position within the email ecosystem,” said Nikita Shvetsov, Deputy CTO at Kaspersky Lab. “Our coordinated intelligence can provide a safer experience not just for our clients and their customers, but also for email users around the world.”

Matt Blumberg, CEO of Return Path said, “As reports of high-profile security breaches become commonplace they highlight a need for collaborative solutions that expose fraud from multiple vantage points. Kaspersky Lab and Return Path are sharing what we see from increasingly sophisticated criminals to make it harder for abuse to go undetected, to reach users, and to pay off the risk of sending malicious and unwanted email. Joint efforts like this are vital as we work to maintain trust in the safety and fundamental value of the email channel.”

Meanwhile Kaspersky Lab is launching its new Kaspersky Fraud Prevention platform, designed to protect electronic payments on computers and mobile devices; aimed at banks, financial organisations and companies in e-commerce.

According to a survey by B2B International and Kaspersky Lab, 98 per cent of users use online banking services or make online purchases, and 38 per cent do so with their mobile devices. The widespread penetration of online payments has made the theft of electronic money a profitable business for criminals. The same study found that in the preceding 12-month period, 62 per cent of users had encountered cyber-threats that targeted their accounts.

Current security techniques, such as temporary passwords, SMS confirmations, tokens, one-time password generators which are all used by banks and online payment systems to protect their clients quickly become obsolete, the firm says. Gartner notes that “innovation in fraud prevention methods is imperative because thieves are increasingly circumventing old techniques, such as device identification.”

“Financial organisations need technology that protects their clients from today’s threats and minimises the costs linked to reimbursing stolen money,” said Nikolay Grebennikov, Chief Technology Officer at Kaspersky Lab. “The Kaspersky Fraud Prevention platform is notable in that it provides comprehensive protection of transactions not only from the bank’s side but on the user’s devices as well. It also includes intellectual services based on our many years of experience in the field of cybersecurity. This combination will help financial companies secure their money and, more importantly, their reputation.”

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