Continuing CSC research indicates over 70% of brand-specific domains are fake
WILMINGTON, Del.-Thursday 17 March 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- CSC, a world leader in business, legal, tax, and domain security, today unveiled its powerful new 3D Domain Monitoring solution as part of their DomainSec platform. 3D Domain Monitoring provides an immediate, multi-dimensional view of the threat vectors targeting corporate domain portfolios. It enables enterprises to identify suspicious or malicious domains created by third parties poised to confuse customers with fake websites, scams, or phishing attacks.
The registration and exploitation of fake branded domains to commit fraud and launch cyberattacks has run rampant. “Based on an analysis of four of CSC’s research initiatives over the past three years, more than 7 out of 10 domains containing brand names on the internet are fake,” says Mark Calandra, president of CSC’s Digital Brand Services business. “Often the intent of malicious domain registrations is to leverage the trust consumers have for the targeted company to launch phishing attacks and digital brand abuse that leads to revenue loss, traffic diversion, and a diminished brand reputation.” Additionally, between one-third to almost two-thirds of the fake domains are configured with MX records, which can enable them to launch email phishing campaigns.
“In today’s world of zero-trust security models, the first line of defense for many companies is proactively monitoring and mitigating threat vectors targeting their global domain ecosystem,” says Ihab Shraim, chief technology officer of CSC’s Digital Brand Services business. “Research shows that phishing and brand attacks most commonly begin with the registration of malicious, confusingly similar domain names, compromised or hijacked legitimate domains or subdomains, or via email equipped with an attachment malware payload. This can enable the deployment of ransomware on the host machine, or an email equipped with a link that redirects to a fake website owned by bad actors to inject malware via a browser vulnerability.”
For corporations managing multiple brands globally, with hundreds or thousands of domains within their portfolio, rapid detection and de-activation of these fake and malicious domains is vital. 3D Domain Monitoring provides a multi-dimensional view of the threat vectors targeting specific domains. Clients will have the ability to mitigate risks and threats by taking fast, effective enforcement action via CSC’s unparalleled range of enforcement options.
To learn more about CSC’s analysis of the registration and exploitation of fake branded domains, visit our blog.
About CSC
CSC is the trusted provider of choice for the Forbes Global 2000 and the 100 Best Global Brands® in enterprise domain names, domain name system (DNS), digital certificate management, as well as digital brand and fraud protection. As global companies make significant investments in their security posture, CSC can help them understand known cybersecurity blind spots that exist and help them secure their online digital assets and brands. By leveraging CSC’s proprietary technology, companies can solidify their security posture to protect against cyber threat vectors targeting their online assets and brand reputation damage, helping them avoid devastating revenue loss, and significant financial penalties because of policies like the General Data Protection Regulation (GDPR). CSC also provides online brand protection—the combination of online brand monitoring and enforcement activities—taking a holistic approach to digital asset protection, along with fraud protection services to combat phishing. Headquartered in Wilmington, Delaware, USA, since 1899, CSC has offices throughout the United States, Canada, Europe, and the Asia-Pacific region. CSC is a global company capable of doing business wherever our clients are—and we accomplish that by employing experts in every business we serve. Visit cscdbs.com.
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