Akamai Announces Brand Protector To Defend Against Phishing Attacks and Fake Websites

Rhea-AI Summary

Akamai Technologies (NASDAQ: AKAM) announced the launch of Brand Protector, a solution designed to combat phishing attacks, fake online stores, and brand impersonations. This innovative tool allows organizations to protect their reputation by detecting and disrupting fraudulent activities before they escalate. Akamai's Brand Protector leverages a four-step approach: Intelligence through extensive data analysis, Detection of live traffic to identify brand abuse, Visibility via a user-friendly dashboard, and Mitigation through integrated takedown services. Akamai's platform analyzes over 600 terabytes of data daily, addressing the rising threat from 50,000 new phishing sites created weekly, helping maintain customer loyalty and revenue amidst increasing online fraud.

Positive

• Launch of Brand Protector enhances brand security against phishing and impersonation.
• Utilizes a four-step approach that provides intelligence, detection, visibility, and mitigation.
• Analyzes over 600 TB of data daily for real-time threat detection.

Negative

• None.

CAMBRIDGE, Mass., April 24, 2023 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced the availability of Brand Protector, a new solution that detect and disrupt phishing sites, fake stores, and brand impersonations. Brand Protector enables organizations to retain and grow customer loyalty while minimizing loss, drops in productivity and bad customer feedback.

According to Google, over 50,000 new phishing websites are created every week. Akamai Brand Protector inspects trillions of digital activities a day across both internal and external sources to discover abuse of an organization's brand — often before an attack campaign launches. This shields businesses from revenue loss and increased risk by combating fake goods sales, phishing sites and unauthorized use of brand elements outside of its environment and across the internet.

Brand Protector addresses the problem of fraudulent impersonations with a four-step approach:

• Intelligence: As the world's largest distributed edge and cloud platform, our proprietary view across the worldwide web traffic analyzes over 600 TB of data a day. The depth of intelligence in Brand Protector is enhanced with third-party data feeds for holistic visibility into attacker actions everywhere.
• Detection: Today's brand attacks automate the deployment of malicious, short-lived websites. Akamai Brand Protector traces live traffic to detect brand abuse often before a phishing campaign begins - instead of relying on refreshed lists or delayed feeds. The outcome reduces attack impact, protecting customers and brand trust.
• Visibility: Customer-centric design gives security teams vital security insight in a single dashboard view. After receiving intelligence, data signals are run through a series of heuristic and AI detectors. Akamai's simplified user interface provides an instant understanding of real-time threats to customers via impersonations. Findings are ranked by threat score and users click into an alert to view analyzed threat data including confidence score, severity rating, number of affected users and a timeline of attack events.
• Mitigation: Integrated takedown services help close the loop to combat brand fraud. Brand Protector enables security teams to issue a takedown request of the abusive site right in the detection screen. Takedown requests for Brand Protector automatically attach the detection's evidence and supporting details for ease of use.

"Attackers are increasingly abusing trusted brand names to lure end-users through phishing and fake sites for the promise of financial gain," said Rupesh Chokshi, Senior Vice President and General Manager, Application Security at Akamai. "Detecting the rapid deployment of these attack campaigns and mitigating them can be a challenge for global brands. Brand Protector retains customer loyalty and revenue by addressing these external attack campaigns before they can gain momentum."

To learn more about Akamai's Brand Protector and other products and capabilities that empower customers to provide consistent online experiences, please visit: https://www.akamai.com/products.

About Akamai

Akamai powers and protects life online. Leading companies worldwide choose Akamai to build, deliver, and secure their digital experiences — helping billions of people live, work, and play every day. Akamai Connected Cloud, a massively distributed edge and cloud platform, puts apps and experiences closer to users and keeps threats farther away. Learn more about Akamai's cloud computing, security, and content delivery solutions at akamai.com and akamai.com/blog, or follow Akamai Technologies on Twitter and LinkedIn.

Contacts
Jim Lubinskas
Akamai Media Relations
703.907.9103 
jlubinsk@akamai.com 

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SOURCE Akamai Technologies, Inc.

FAQ

What is Akamai's Brand Protector?

Brand Protector is a new solution from Akamai designed to detect and disrupt phishing sites, fake stores, and brand impersonations.

How does Brand Protector help businesses?

It helps businesses retain customer loyalty and minimize losses from online fraud by detecting fraudulent activities before they escalate.

How much data does Akamai analyze daily for Brand Protector?

Akamai analyzes over 600 terabytes of data daily to identify brand abuse.

What is the significance of the 50,000 phishing sites statistic?

This statistic highlights the increasing threat landscape, with over 50,000 new phishing websites created each week.

When was Brand Protector launched by Akamai?

Brand Protector was announced on April 24, 2023.

What steps does Brand Protector take to combat online fraud?

It uses intelligence gathering, live traffic detection, provides visibility through a dashboard, and offers mitigation via integrated takedown services.