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AOL takes new steps to combat phishing and identity theft

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By Carol Krol Dulles, Va.—America Online announced Wednesday that it has taken several steps to protect members from phishing, the use of fraudulent e-mail and fake Web sites to gather personal information from users. Those steps include new partnerships with anti-phishing companies MarkMonitor and Cyveillance, and an expanded agreement with Cyota, an anti-fraud company for the financial services industry. The partnerships enable AOL to check new domain names, analyze suspicious-looking URLs, block access to phishing sites and remove fraudulent sites. The efforts block about 8 million phishing attempts against members daily, according to AOL.

“Phishing and identity theft crimes cost consumers billions of dollars each year, and we will do everything in our power to protect our members from the online criminals who would prey on them,” said Tatiana Platt, AOL senior VP-chief trust officer, in a statement. “We are proud to be teaming up with the world’s best cyber security firms to add these extra layers of protection for our members.”

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