Global Bank Reduces Phishing Attacks by 84%

Becoming the Least Attractive Target

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global bank reduces customer phishing

Challenge

The bank needed a better solution to address growing phishing threats and other attacks targeting its customers and employees.

In addition to typical phishing campaigns, criminals leveraged the following tactics to exploit banking customers:

  • Uses a generic URL targeting a well-known organization to avoid detection while impersonating multiple banks within the webpage content, making the fraudulent site appear legitimate to unsuspecting users.

  • Uses specific mobile or residential internet service providers to evade detection.

Along with fighting external threats, the customer needed the necessary capabilities to meet their specific internal needs:

  • Dedicated reporting to segment attacks by region or country.

  • The ability for non-SOC staff to report attacks, saving on training time and increasing accessibility.

Customer overview

Industry

Global banking

Company Size

>$1 trillion in assets

Use Cases

Phishing URLs, Domain Lookalikes

Netcraft Product Features

Phishing Protection, Domain Takedown

Solution

  • Netcraft’s end-to-end Detection and Takedown services identify, block, and disable different threats from across the globe, at scale, with almost zero false positives.

  • Netcraft’s classification engine analyzes web activity at scale, ensuring we identify more customer brand impersonations, even with novel domains.

  • Netcraft's 250+ network of mobile and residential fetch locations overcome respective blocking techniques to ensure detection.

  • Netcraft's customizable reporting and platform functionality helps the team maintain productivity by reducing their need to change processes.

Key Results

60,000

60,000

60,000

Takedowns to date across all attack types

50%

50%

50%

Attacks are taken down in less than 5.5 hours

84%

84%

84%

Reduction in phishing attacks as a Netcraft customer