Melbourne, Australia (ContentDesk) July 26, 2006 -- FraudWatch International, an Australian-based Anti-Phishing Company has this week launched a new 1-Time Phishing Site Take Down Service for the Targets of Phishing Attacks, backed by a full money back guarantee. The service, which provides an affordable 1-time phishing site take down with no long term contracts, began as a trial 2 months ago and has seen demand from smaller institutions who have become the targets of phishing attacks.FraudWatch International already provides monitoring, detection and take-down Anti-Phishing Solutions, but recognised a need from smaller financial institutions. A small credit union or bank in a rural part of the country may not know what to do when a customer reports a phishing email to them. FraudWatch International makes it easy for these smaller institutions to respond to a phishing attack.The process is simple; when an institution is alerted to a phishing incident, they simply visit FraudWatch Internationals website, make payment via credit card, and complete a form giving the details of the phishing incident and fraudulent web site. FraudWatch Internationals Security Operations Centre then goes about its work, taking all steps to remove the phishing site from the Internet.

If the site is not taken down within 24 hours, the customer will receive a full refund, whilst FraudWatch continues to work to have the site removed.FraudWatch Internationals CEO, Mr Trent Youl says, A growing number of smaller financial institutions are becoming the targets of phishing. Most of these institutions have not set a Phishing Response Plan in place, as they believe they are too small to become a target. The Institution is not sure where to turn to, but know they need help now. We offer an affordable service that meets their immediate need -- to have the fraudulent phishing site removed from the Internet, which is backed by an unprecedented service level guarantee.Financial Institutions can find out more about FraudWatch Internationals Anti-Phishing Solutions, specifically their 1-Time Take Down Service by visiting their website http://www.fraudwatchinternational.comAbout FraudWatch InternationalFraudWatch International Pty Ltd is a privately owned Internet Security company based in Melbourne, Australia. FraudWatch Internationals 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..