FraudWatch International Releases Beta Version of the FWI Fraud Shield, Powerful Anti-Phishing Software

FraudWatch International, an Australian Anti-Phishing company has released a beta version of it's powerful Anti-Phishing Software, FWI Fraud Shield. The FWI Fraud Shield is a multi-layered solution to protect users from online identity theft, by warning a user if they navigate to a known or unknown phishing website, utilizing sophisticated heuristics in combination with a comprehensive blacklist of known phishing websites.

Melbourne, Australia (PRWEB) October 5, 2006 -- FraudWatch International, an Australian based Anti-Phishing Company has this week released a beta version of it's powerful Anti-Phishing Software, FWI Fraud Shield.

FWI Fraud Shield works as an add-in to the Microsoft Internet Explorer web browser. FWI Fraud Shield is a multi-layered solution that protects from online identity theft by warning a user if they navigate to a known or unknown phishing website. FWI Fraud Shield utilizes a sophisticated heuristics detection engine, in combination with a comprehensive blacklist of known phishing websites.

We are providing a superior product to protect consumers. Our comprehensive analysis of phishing sites has resulted in an outstandingly high rate of protection utilizing the FWI Fraud Shield's zero-hour detection engine.

The powerful heuristics within the software work silently in the background, using minimal system resources to analyse each website visited. This technology provides zero-hour protection to ensure users are protected even before a website is added to any blacklist.

FraudWatch International CEO, Mr. Trent Youl stated, "This beta release is the result of 12-months of analysis and development. Phishing is the fastest growing crime on the Internet, catching millions of unsuspecting victims. This beta version will give us the opportunity to gauge public interest and feedback on how we can improve the product. Our ultimate goal is to protect consumers from online identity theft, securing the end user's personal information in a non-obtrusive manner. I believe the FWI Fraud Shield will empower Internet users to shop and bank online with confidence."

FraudWatch International has performed extensive testing of the effectiveness of the FWI Fraud Shield. Mr. Youl stated, "We are providing a superior product to protect consumers. Our comprehensive analysis of phishing sites has resulted in an outstandingly high rate of protection utilizing the FWI Fraud Shield's zero-hour detection engine."

The full release version, expected for release late this year, will be offered at a low cost to consumers of US$19.95 for a 12-month subscription to software and protection updates. The FWI Fraud Shield will also be available for OEM partnerships, offering the technology for use in other security programs.

The Beta version of the FWI Fraud Shield can be downloaded for free at http://www.fraudwatchinternational.com/fraud_shield/

About FraudWatch International

FraudWatch International Pty Ltd is a privately owned Internet Security company based in Melbourne, Australia. FraudWatch International's core business is 'phishing fraud prevention,' providing a variety of anti-phishing products and services to protect consumers and business and currently protects over 100 million Internet Users worldwide.

FraudWatch International uniquely focuses on phishing Fraud. Although other Internet Security companies recognise phishing as a security threat, most regard phishing as secondary to their core business. We report the latest detected phishing incidents daily, providing the largest list of phishing incidents available on the Internet today, illustrating our authority on phishing fraud.

Our Security Operations Centre provides 24/7 phishing monitoring, detection and site take-down services for clients who are the targets of phishing attacks. We also offer a Phishing URL Data Feed to allow companies to block end users from visiting known phishing sites.

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