The provider of managed identity theft protection services said its anti-phishing protection provides brand-use detection and site takedown services. The company already was a provider of identity monitoring and resolution and compliance assessment
services to about 100 clients, including about 25 credit unions.
The combined services enable financial institutions to fulfill Section 114 of the Identity Theft Red Flags and Address Discrepancies under the Fair and Accurate Credit Transactions Act, which requires "reasonable policies and procedures" for identifying, thwarting and preventing red flag activities--including phishing attacks--by Nov. 1, the company said.
"Phishing attacks continue to compromise consumers' identities and undermine their trust in online commerce, including online banking," says Bryan Ansley, CEO of Secure Identity Systems. "We're giving our financial institution clients a complete solution for protecting their customers' interests and complying with federal ID protection mandates."
--mrapport@cutimes.com
