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1 Confidential | Draft for Discussion Purposes Only | © 2014 Ghostery, Inc. All Rights Reserved. DIGITAL SECURITY IS SERIOUS BUSINESS September 19, 2014

DIGITAL SECURITY IS SERIOUS BUSINESS

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1 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

DIGITAL SECURITY IS SERIOUS BUSINESS September 19, 2014

1 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 1 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

DIGITAL SECURITY IS SERIOUS BUSINESS

The number of publicly traded companies that listed security issues as a business risk in securities filings increased by 73% from 2012 to 2014.1

The average cost of a breach is $200 per record, which amounts to an average of $5.9 million paid by organizations per breach.2

2 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 2 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

DIGITAL SECURITY IS SERIOUS BUSINESS

"Security has never been higher on the agenda of CEO's and Boards. This study shows that companies can generate additional revenue while closing security gaps from non-secure marketing technology on their secure pages.”

Caroline Watteeuw, the former Global Chief Technology Officer and SVP of Business Information Solutions of Pepsico and an advisor to Ghostery, Inc. 

3 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 3 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

YOUR SITE IS SECURE FOR A REASON

Blind spots in your site security expose your business to issues that directly impact the customer experience, hurting your company’s revenues and profits.

Poor SEO: Decline in Google Rankings

Security Threats: Man-In-The-Middle Attacks

User Experience Issues: Mixed Content Warnings

4 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 4 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

SECURITY BLIND SPOTS ARE WIDESPREAD, HARD TO CONTROL AND COST YOU MONEY

You Might Not See The Security Gaps, But Your Customers Do. Consumers recognize and trust the security of a page with an HTTPS address. Security warnings that result from non-secure marketing technology, commonly called “mixed content warnings” shake customer confidence and thus your company’s revenues. This happens even if the browser blocks the non-secure technology from loading.4,5

Most Marketing Cloud Vendors Get To Your Site Indirectly. The technology of the “Marketing Cloud” — the collection of digital technologies that power, measure, socialize, and optimize performance — is controlled by a wide range of partner companies who have been granted access to your site. With so many ways for non-secure technology to end on your site it’s difficult to find the security gaps.3

Google Rankings Suffer When Your Pages Are Not Secure. Google now rewards secure pages with a higher search ranking. Not knowing if Google finds that your secure pages contain non-secure elements can lead to valuable rankings slipping away.6

5 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 5 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

CONSUMERS LOSE CONFIDENCE WHEN YOUR SITE IS NOT SECURE

“Consumers have been trained to instinctively trust a green “https” before the website address.  Conversely a red “http” or any pop up that tells a user they are leaving the secure https address is not trusted and thus consumers will shy away. 

    The result is consumers will register, often subconsciously, that the original site is unsecure and thus poses a threat. It is these subtleties in the user experience that increase or decrease page rankings and thus page views.”

EJ Hilbert - Head of the Cyber Practice for Kroll EMEA. Hilbert is a former FBI Special Agent and former Director of Security Enforcement for MySpace/Fox Interactive Media

6 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 6 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

YOUR SITE IS SECURE FOR A REASON

"Ensuring that websites have better transparency into the causes of browser warnings will both improve the online user experience and increase overall internet security. False SSL warnings caused by SSL misconfigurations result in a negative user experience, with websites standing to lose up to 65% of their visitors due to a false SSL warning.” Devdatta Akhawe, PhD, co-author of 'Alice in Warningland: A Large-Scale Field Study of Browser Security Warning Effectiveness'.  

7 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 7 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

SECURITY BLIND SPOTS

"Our 2013 study showed that the issue of non-secure scripts on secure pages exposed millions of web users to the stealing of cookies and the injection of malicious javascript. This study goes many steps further due to the depth of the real-user data from the 20+ million member GhostRank community to illustrate that the prevalence of non-secure scripts is even higher on the most popular websites.” Nick Nikiforakis, Assistant Professor of Computer Science, Stony Brook University and co-author of “A Dangerous Mix: Large-Scale Analysis of Mixed Content Websites”

8 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 8 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

ABOUT THE STUDY

This study examines instances of non-secure digital technologies firing on secure pages across 50 companies in the Airline, Financial Services, Insurance, News Publishing and Retail industries. The data was captured from Ghostrank’s 20 million real-user community members between July 14 2014 and August 14 2014 and includes both active and passive content.

9 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 9 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

SITES STUDIED

AIRLINE

FINANCE

INSURANCE

NEWS PUBLISHING

RETAIL

Airtran Bank of America AIG Daily Mail Amazon Alaska Air Capital One Allstate Financial Times Costco American Chase Farmers LA Times eBay

Delta Citi Geico Le Figaro Etsy JetBlue Mellon Nationwide NY Times Overstock

Hawaiian Air HSBC Liberty Mutual NY Daily News Kohls Southwest PNC Progressive Telegraaf QVC

United TD The Hartford The Guardian Sears US Air State Street Travelers USA Today Target

Virgin America Wells Fargo USAA WSJ Walmart

10 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 10 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

KEY FINDING: 96 PERCENT OF WEBSITES HAVE SECURITY BLINDSPOTS

100% of Insurance Websites 100% of Retail Websites 100% of Airline Websites 90% of Financial Services Websites 90% of News Publishing Websites

11 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 11 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

EVERY INDUSTRY GROUP STUDIED HAD NON-SECURE TECHNOLOGIES THAT IMPACT THE USER EXPERIENCE AND REVENUE

Industry Percent with Non-

Secure Technologies on Secure Pages

Number of Distinct Non-Secure Technologies

Highest Number of Non-Secure

Technologies Seen on a Website

Average Non-Secure Technologies on

Secure Pages Seen on a Website

Airline 100% 223 112 53

Finance 90% 382 234 115

Insurance 100% 165 139 25

News Publishing 90% 212 100 47

Retail 100% 438 333 109

12 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 12 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

RETAIL WEBSITES STUDIED HAD THE HIGHEST NUMBER OF NON-SECURE TECHNOLOGIES OVERALL

Of the industries surveyed, Retail websites had the highest total number of non-secure technologies found. Ghostery saw 438 non-secure technologies across the 10 Retail websites studied. The highest individual website in the study was in the Retail category and had 333 non-secure technologies.

13 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 13 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

FINANCIAL SERVICES WEBSITES COMPRISEDHALF OF THE TEN WEBSITES WITH THE HIGHEST INSTANCES OF NON-SECURE TECHNOLOGIES 5/10

Financial Services websites have significant security technology in place on their pages, yet 90% studied had non-secure technologies on their secure pages.

14 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 14 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

THE TEN WEBSITES WITH THE MOST NON-SECURE TECHNOLOGIES IN THE STUDY COVER MANY SECTORS – FINANCE BEING THE MOST AT RISK

Number of Websites in the Highest Ten:

Insurance: 1

Retail: 3

Airline: 1

Finance: 5

15 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 15 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

CONCLUSION: WIDESPREAD CUSTOMER EXPERIENCE AND REVENUE RISKS FROM NON-SECURE MARKETING TECHNOLOGIES

•  Non-secure technologies on secure pages can decrease ROI by: o  Causing mixed content warnings that increase consumer perception of risk on the

page, even if the browser is blocking the non-secure items o  Creating potential for man-in-the-middle attacks o  Decreasing Google search rankings

•  96% of websites studied had non-secure technologies on secure pages •  Retail websites had the highest volume of non-secure technologies on secure pages •  The site with the highest number of non-secure technologies was a retail site with 333 •  Financial Services sites made up half of the 10 highest instances of non-secure

technologies in the study

16 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 16 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

ABOUT GHOSTERY

Ghostery is a technology company that empowers consumers and businesses to expose and eliminate digital blindspots in the Marketing Cloud - the collection of digital technologies that power, measure, socialize and optimize performance. Millions of users globally rely on the free Ghostery browser extension to see and control tracking technologies that follow them across the web. Businesses rely on Ghostery Marketing Cloud Management to drive ROI by maximizing the security, performance and profitability of their digital assets. Key clients like Equifax, Intercontinental Hotels Group and Procter & Gamble depend on Ghostery to take their digital business from chaos to control. Ghostery is also the leading provider of global privacy governance services; powering compliance for more than $2 billion of advertising and e-commerce transactions annually. Founded in 2009, Ghostery is headquartered in New York City, with a technology office in Salt Lake City and sales offices in London and San Francisco. The company is backed by Warburg Pincus, LLC, the global private equity fund. Learn more at Ghostery.com and @ghostery.

17 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 17 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

GLOSSARY

•  Digital marketing technology or digital marketing vendor: Ghostery defines a “digital marketing technology” as code within a webpage or called by another technology (i.e. piggyback tag or third-party tag) which communicates with a server, transfers data, and has been identified by Ghostery as participating in advertising and marketing activities such as ad targeting, analytics, social media and ad serving. Digital marketing technologies can be images, objects, documents, iframes, or scripts. See: http://www.ghosteryenterprise.com/company-database/

•  Non-secure digital marketing technologies: Ghostery defines a “non-secure digital marketing technology” as an http t (see above) that is called from an https url.

•  Website: Ghostery defines a “Website” as a site’s top level server such as site.com or school.edu.

•  Secure web page: A secure web page is an http web page that uses an added security layer and is denoted by “https.” The security layer is usually an SSL (secure socket layer,) a commonly-used protocol for managing the security of a message transmission on the Internet; it uses a program layer located between the Internet's HTTP and TCP program layers. http://en.wikipedia.org/wiki/HTTP_Secure

•  Man-in-the-Middle attack: A Man-in-the-Middle attack is a type of cyber attack where a malicious actor inserts him/herself into a conversation between two parties, impersonates both parties and gains access to information that the two parties were trying to send to each other. A Man-in-the-Middle Attack allows a malicious actor to intercept, send, and receive data meant for someone else, or not meant to be sent at all, without either outside party knowing until it is too late. http://en.wikipedia.org/wiki/HTTP_Secure

•  Mixed content: “Mixed content” is a term to describe a web page that contains both secure and non-secure content elements (images, scripts, etc.) Mixed content jeopardizes the security of the entire page, and causes browsers to warn site visitors and attempt to block the non-secure content. See: http://www.troyhunt.com/2013/06/understanding-risk-of-mixed-content.html

18 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 18 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

REFERENCES

1 “Corporate Boards Race to Shore Up Cyber Security” (The Wall Street Journal June 29, 2014) 2 “2014 Cost of Data Breach Security US” (IBM 2014) 3 “Global Tracker Report” (Evidon February 2013) 4 “Crying Wolf: An Empirical Study of SSL Warning Effectiveness” (Carnegie Mellon 2009) 5 “A Dangerous Mix: Large-scale analysis of mixed-content websites (Chen et al. 2013) 6 “HTTPS As a Ranking Signal” (Google blog August 6, 2014)

19 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 19 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

FOR MORE INFORMATION: [email protected] @ghostery

20 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 20 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

APPENDIX A: Study Breakdown By Industry Type

Industry Percent of Websites With Non-Secure Technologies Found No Non-Secure Technologies Found

Airline 100%

Financial Services 90% State Street

Insurance 100%

News Publishing 90% Telegraaf

Retail 100%

21 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 21 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

APPENDIX B: Distinct Non-Secure Technologies Found Per Industry in Study

Industry Non-Secure Technologies Min Max Average

Airline 223 1 112 53

Financial Services 382 2 234 115

Insurance 165 2 139 25

News Publishing 212 2 100 47

Retail 438 20 333 109

22 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

APPENDIX C: Non-Secure Technologies Loaded Per 1000 Calls on Secure Pages Loaded

Industry Non-Secure Calls Per 1000 on Secure Pages

Website With Highest Non-Secure Calls Per 1000 on Secure

Pages

Highest Number of Non-Secure Calls Seen on a Website

Airline 1.9 7.4 3,578

Financial Services 1.5 51.7 5,518

Insurance 1.0 9.6 1,665

News Publishing 1.4 389.6 5,575

Retail 3.0 43.6 19,820

23 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 23 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

*Based on a 7/14/14 - 8/14/14 Ghostery Inc. Security Study

Website Digital Marketing Technology Number of Times Seen on Secure Pages

Allstate.com geoPlugin 29

Allstate.com Google Adsense 24

Allstate.com Adcash 15

Allstate.com Omniture (Adobe Analytics) 9

Allstate.com Google Analytics 6

Allstate.com Mixpanel 5

Allstate.com ScoreCard Research Beacon 4

Allstate.com DoubleClick 3

Allstate.com ValueClick Media 3

Allstate.com Right Media 2

SAMPLE DATA: Allstate Non-Secure Technologies (Top 10)

24 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 24 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

*Based on a 7/14/14 - 8/14/14 Ghostery Inc. Security Study

Website Digital Marketing Technology Number of Times Seen on Secure Pages

HawaiianAir.com BridgeTrack 37

HawaiianAir.com Intermarkets 7

HawaiianAir.com Commission Junction 3

HawaiianAir.com DoubleClick 3

HawaiianAir.com Adap.tv 1

HawaiianAir.com Adobe Test & Target 1

HawaiianAir.com Adometry 1

HawaiianAir.com Adzerk 1

HawaiianAir.com Atlas 1

HawaiianAir.com Dotomi 1

SAMPLE DATA: Hawaiian Air Non-Secure Technologies (Top 10)

25 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 25 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

*Based on a 7/14/14 - 8/14/14 Ghostery Inc. Security Study

Website Digital Marketing Technology Number of Times Seen on Secure Pages

Walmart.com DoubleClick Spotlight 2498

Walmart.com DoubleClick 640

Walmart.com Omniture (Adobe Analytics) 634

Walmart.com Criteo 394

Walmart.com DoubleClick Floodlight 253

Walmart.com Experian Marketing Services 251

Walmart.com AppNexus 202

Walmart.com MediaMath 181

Walmart.com TriggIt 157

Walmart.com Rocket Fuel 123

SAMPLE DATA: Walmart Non-Secure Technologies (Top 10)

26 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 26 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

*Based on a 7/14/14 - 8/14/14 Ghostery Inc. Security Study

Website Digital Marketing Technology Number of Times Seen on Secure Pages

Wellsfargo.com Google Analytics 390

Wellsfargo.com DoubleClick 224

Wellsfargo.com Twitter Badge 195

Wellsfargo.com Intermarkets 152

Wellsfargo.com Google Adsense 125

Wellsfargo.com Omniture (Adobe Analytics) 122

Wellsfargo.com ScoreCard Research Beacon 105

Wellsfargo.com Adcash 86

Wellsfargo.com Quantcast 86

Wellsfargo.com geoPlugin 65

SAMPLE DATA: Wells Fargo Non-Secure Technologies (Top 10)

27 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 27 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

*Based on a 7/14/14 - 8/14/14 Ghostery Inc. Security Study

Website Digital Marketing Technology Number of Times Seen on Secure Pages

WSJ.com DoubleClick Spotlight 134

WSJ.com AppNexus 86

WSJ.com DoubleClick 80

WSJ.com MaxPoint Interactive 62

WSJ.com ValueClick Media 47

WSJ.com Resonate Networks 43

WSJ.com Livefyre 39

WSJ.com ChartBeat 36

WSJ.com Krux Digital 33

WSJ.com MediaMath 29

SAMPLE DATA: Wall Street Journal Non-Secure Technologies (Top 10)

28 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 28 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

Raw Data Sample:

*Based on a 7/14/14 - 8/14/14 Ghostery Inc. Security Study

Company Secure  Host Secure  Path Tag Non-­‐Secure  Tag  URLAllstate myaccount.allstate.com /anon/login/login.aspx Omniture  (Adobe  Analytics) images.apple.com/metrics/scripts/s_code_h.jsAllstate myaccount.allstate.com /secured/billing/paybill.aspx Adcash www.adcash.com/script/java.php?option=rotateur&r=247707Allstate myaccount.allstate.com /secured/home.aspx Right  Media ads.yahoo.com/cms/v1?esig=1~d816e430d739f6042b0cff31022d2e86413f153e&nwid=10000482675&sigv=1&_msd=1Allstate purchase.allstate.com /auto/PersonalQuote.aspx Omniture  (Adobe  Analytics) allstate.122.2o7.net/b/ss/allstatedevelopment/1/H.21-­‐-­‐NS/0Allstate termlife.allstate.com / Google  Adsense pagead2.googlesyndication.com/pagead/gen_204?id=cyclops&qid=xu_HU8HaOqfe0AGJ_YDACQ&me=41:1405612012953,148,102:40,0,-­‐1:100,0,-­‐2:182,5,-­‐11:174,3,-­‐2:184,0,-­‐1:918,1,0:982,0,-­‐1:21,o,u,0,158,83:4,1,-­‐1:41,1,-­‐1:23,1,-­‐2:21,0,-­‐1:23,2,-­‐4:24,1,-­‐3:29,3,-­‐9:21,2,-­‐7:31,2,-­‐7:3,v,t,0,177,29:21,7,-­‐20:79,o,t,0,193,-­‐51:0,e,M&v=2&pv=0.27686018915846944&s=3Allstate email.allstate.com /owa/ Mixpanel api.mixpanel.com/track/?data=eyJldmVudCI6ICJFbWFpbCBPcGVuZWQiLCAicHJvcGVydGllcyI6IHsiRW1haWwgTmFtZSI6ICJTdWdnZXN0ZWQgQ29udGVudCAoV2Vla2x5KSBBd2Vzb21lIiwgInVzZXJJZCI6ICIyNTk2MyIsICJFbWFpbCBTdWJqZWN0IjogIlNlZSBob3cgeW91ciBwb3N0cyBhcmUgZG9pbmciLCAiZGlzdGluY3RfaWQiOiAiMjU5NjMiLCAiRXhwZXJpbWVudCI6IG51bGwsICJvcmdJZCI6IDE1MCwgInRva2VuIjogImM3MzQyNWQ4YzgwZGMwMzE4YzUzZTM1NWExMTRhYjNhIiwgIiR1c2VybmFtZSI6ICIyNTk2MyJ9fQ%3D%3D&ip=1&img=1Allstate email.allstate.com /vdesk/hangup.php3 ValueClick  Media cdn.fastclick.net/js/adcodes/pubcode.min.js?sid=9991&media_id=6&media_type=8&version=1.4&exc=1Allstate myaccount.allstate.com /anon/login/login.aspx Xaxis oascentral.comcast.net/RealMedia/ads/adstream_jx.ads/comcast.net/com-­‐hp/cc00000001/11405520866839@Frame1?_OAS_GEO_OVERRIDE_=US:UNKNOWN&am=SEG_WIFI&am=SEG_XH&am=ILCCOMCOMU3889&am=plk20hy&am=plk58msuv&Allstate webmail.allstate.com /owa/ Constant  Contact r20.rs6.net/on.jsp?ca=c271e5bd-­‐d711-­‐4a30-­‐82c1-­‐0c83d0cdc0e4&a=1102427229882&d=1118024635340&r=3&o=http://ui.constantcontact.com/images/p1x1.gif&c=8c767230-­‐bf92-­‐11e3-­‐9f3d-­‐d4ae5292c973&ch=8d4756c0-­‐bf92-­‐11e3-­‐9f3e-­‐d4ae5292c973Allstate drivewise.allstate.com /dw/drivewise/common/login NetSeer cmi.netseer.com/redirect?ex=27&t=16

Company Secure  Host Secure  Path Tag Non-­‐Secure  Tag  URLHawaiian  Air apps.hawaiianairlines.com/MyHawaiianMiles/MyTrips/ManageTrip.aspxBridgeTrack ads.bridgetrack.com/a/i/?BT_CON=15&BT_PID=1657729&BT_Ext=ORI%3D%26DES%3D%26PAX%3D0%26TYP%3DRoundTrip&PNR=Hawaiian  Air apps.hawaiianairlines.com/myhawaiianmiles/Login.aspx Intermarkets cdn.intermarkets.net/u/Intermarkets/AdFeedback/processAdFeedback.jsHawaiian  Air apps.hawaiianairlines.com/myhawaiianmiles/MyTrips/ManageTrip.aspxBridgeTrack ads.bridgetrack.com/a/i/?BT_CON=15&BT_PID=1657729&BT_Ext=ORI%3D%26DES%3D%26PAX%3D0%26TYP%3DRoundTrip&PNR=Hawaiian  Air checkin.hawaiianairlines.com/wci/start Media  Innovation  Group b3.mookie1.com/2/LB/4459175926@x96?Hawaiian  Air partners.hawaiianairlines.com/pages/rewards/shopListing.aspxAdometry log.dmtry.com/138091/0/2973/109753508/57743978/56157/0/0/0/1.ver?at=p&d=Post&ta=0&tp=63&vd=1&jf=0&jt=5&jsv=4.5.0&oc=ADO&nc=0&num=0&sr=1920x1080x24&tz=7&url=http%3A%2F%2Ffw.adsafeprotected.com%2Frjsi%2Fdc%2F28084%2F2631580%2Fadi%2FN3271.126328.SPECIFICMEDIA%2FB8058661.109753508%3Bsz%3D300x250%3Bclick%3Dhttp%3A%2F%2Fx.vindicosuite.com%2Fclick%2Fv%3D5%253Bm%3D3%253Bl%3D240743%253Bc%3D697926%253Bb%3D3017778%253Bts%3D20140808164702%253Bui%3DFwR7CEBv3xeSLR4MTZKTIdSJjldyPR4xv9GwT24Xp8GdYRmsIu3nbaZp_X2wt-­‐wChQ8Q_iLYmYdeD1NYaS965w%253Bz%3DCMbMKhCymLgBGiQwNzBhMGE1MS02YWFhLTQwMmEtODZjOC0zZjU0NTY4ZDQ5OGQqJDA3MGEwYTUxLTZhYjQtZTY3MC04NmM4LTNmNTQ1NjhkNDk4ZEDT1SlNAAAAAFUAAAAAXczMTD1lQhYyPW3NzEw9dczMTD2SAQNVU0S9AczMTD3QAQDYAQA%253D%253Bdct%3D%3Bord%3D1407530822%3Fadsafe_pb%3D%253CPASSBACK_URL%253EHawaiian  Air www.hawaiianairlines.com/hawaiianmiles/pages/frequent-­‐flyer-­‐miles-­‐membership-­‐levels.aspxAdzerk static.adzerk.net/reddit/ads.html?sr=-­‐reddit.com,loggedin&bust2#http://www.reddit.comHawaiian  Air apps.hawaiianairlines.com/myhawaiianmiles/Login.aspx Quantcast widget.quantcast.com/user/widgetImage?domain=drudgereport.com&widget=10&timeWidth=1&daysOfData=7Hawaiian  Air checkin.hawaiianairlines.com/wci/start Atlas view.atdmt.com/jaction/HA_Special_Offers_PageHawaiian  Air fly.hawaiianairlines.com /reservations/1/FlightPrices.aspxDoubleClick www.googletagservices.com/tag/js/gpt.jsHawaiian  Air fly.hawaiianairlines.com /reservations/1/FlightPrices.aspxLiveRail ad4.liverail.com/?LR_PUBLISHER_ID=1912&LR_SCHEMA=vast2-­‐VPAID&LR_ADMAP=in%3A%3A0&LR_PARTNERS=709839&LR_URL=http://www.arcadeweb.com

29 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 29 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

Raw Data Sample:

*Based on a 7/14/14 - 8/14/14 Ghostery Inc. Security Study

Company Secure  Host Secure  Path Tag Non-­‐Secure  Tag  URLWalmart affiliates.walmart.com / LinkShare merchant.linksynergy.com/fs/banners/2149/2149_10003964.jpgWalmart corporate.walmart.com /privacy-­‐security/ MediaMath pixel.mathtag.com/event/js?mt_id=366527&mt_adid=116823&v1=&v2=&v3=&s1=&s2=&s3=Walmart savingscatcher.walmart.com/dashboard Gravity  Insights i.api.grvcdn.com/personalization/fonts/SourceSansPro/sourcesanspro-­‐bold-­‐webfont.svg#source_sans_proboldWalmart www.walmart.com /cart2/cart.do Adometry log.dmtry.com/873028/0/3687/75727622/56074393/635261/0/0/0/1.ver?at=p&d=Post&ta=0&tp=100&vd=1&jf=0&jt=2&jsv=4.5.0&oc=ADO&nc=0&num=0&sr=1920x1080x24&tz=5&url=http%3A%2F%2Fwww.walmart.com%2Fip%2FGraco-­‐Pack-­‐n-­‐Play-­‐Playard-­‐Ariel%2F20753127Walmart www2.walmart.com /wmflows/checkout DoubleClick  Spotlight pubads.g.doubleclick.net/activity;dc_iu=/55875582/Walmart-­‐US/Commerce/Order_Confirmation;ord=9556469279341.4?Walmart corporate.walmart.com /_submit/feedback MediaMath pixel.mathtag.com/event/js?mt_id=366527&mt_adid=116823&v1=&v2=&v3=&s1=&s2=&s3=Walmart corporate.walmart.com /contact-­‐us/store-­‐corporate-­‐feedbackMediaMath pixel.mathtag.com/event/js?mt_id=366527&mt_adid=116823&v1=&v2=&v3=&s1=&s2=&s3=Walmart survey.walmart.com /WMExp/Processor BrightRoll vast.bp3848655.btrll.com/vast/3848655?n=471386826&br_w=400&br_h=300&br_source=i&br_adtype=p&br_adpos=a&br_autopl=u&br_sound=o&br_comp=0x0&br_comptype=i&br_pageurl=http%3a%2f%2fb4.arcadeweb.com%2fvast.php%3fp%3dYTQxMzM5MDI0Njk6paWxgbfzKRJVQwHTA0BhdOlMJMKy3qTyoTxUWRohQ3YsOUJp%2bWn8L9Yvstf%2btfWqs1to9wgQElevTyiSTs3FKUFPX93H6dI1z4KoDAnZCyUS3xP%2f2gG%2b%2fCE8LZ2kkzGv9PShkZyvPDrC0%2f7YG6QE2xV5KVrfQ0z6L7iW6EFTiIqE4xjCSv%2bXDgX2sJqKJezphpk7xY0Rb0ys%2bZJLwQTac95IKdKDaPS6V8yVVCN8OQ%3d%3d%26shown%3d0%26w%3d400%26h%3d300%26index%3d1%26vf%3d1&br_conurl=http%3a%2f%2fb4.arcadeweb.com%2fvast.php%3fp%3dYTQxMzM5MDI0Njk6paWxgbfzKRJVQwHTA0BhdOlMJMKy3qTyoTxUWRohQ3YsOUJp%2bWn8L9Yvstf%2btfWqs1to9wgQElevTyiSTs3FKUFPX93H6dI1z4KoDAnZCyUS3xP%2f2gG%2b%2fCE8LZ2kkzGv9PShkZyvPDrC0%2f7YG6QE2xV5KVrfQ0z6L7iW6EFTiIqE4xjCSv%2bXDgX2sJqKJezphpk7xY0Rb0ys%2bZJLwQTac95IKdKDaPS6V8yVVCN8OQ%3d%3d%26shown%3d0%26w%3d400%26h%3d300%26index%3d1%26vf%3d1&br_contyp=g&br_medrat=o&br_privpol=y&br_skip=nWalmart www.walmart.com /cart2/cart.do Omniture  (Adobe  Analytics) i2.walmartimages.com/webanalytics/omniture/s_code.jsWalmart classrooms.walmart.com/lists/61-­‐Middle-­‐School-­‐Supplies-­‐ListExperian  Marketing  Services d.audienceiq.com/r/dd/id/L21rdC80NC9jaWQvMjQ4NDMzMDMvdC8yL2NhdC8yNTMwMTgwNA

Company Secure  Host Secure  Path Tag Non-­‐Secure  Tag  URLWells  Fargo billpay.wellsfargo.com /billpay/application/EBillFrameBlueKai tags.bkrtx.com/js/bk-­‐coretag.jsWells  Fargo connect.secure.wellsfargo.com/payments/channel/viewTransferConfirmgeoPlugin www.geoplugin.net/json.gp?jsoncallback=fnWells  Fargo icomplete.wellsfargo.com/oas/status/details Intermarkets cdn.intermarkets.net/u/Intermarkets/AdFeedback/processAdFeedback.jsWells  Fargo oam.wellsfargo.com /oam/access/challengeRegistrationSetupDisplayTwitter  Badge urls.api.twitter.com/1/urls/count.json?url=https://oam.wellsfargo.com/oam/access/challengeRegistrationSetupDisplay?OAM_TKN=aa4716ddd3977de36f5b95f861f32ccf497fbce230a491782d6c16a9acd6c987Wells  Fargo online.wellsfargo.com /das/cgi-­‐bin/session.cgi Adcash www.adcash.com/script/java.php?option=rotateur&r=168413Wells  Fargo online.wellsfargo.com /das/cgi-­‐bin/session.cgi Adknowledge cache.blogads.com/37323961/feed.jsWells  Fargo online.wellsfargo.com /das/cgi-­‐bin/session.cgi Advertising.com o.aolcdn.com/ads/adsWrapper.jsWells  Fargo online.wellsfargo.com /das/cgi-­‐bin/session.cgi Amazon  Associates c.amazon-­‐adsystem.com/aax2/amzn_ads.jsWells  Fargo wellsoffice.wellsfargo.com/ceoportal/signon/index.jsp Facebook  Connect connect.facebook.net/en_US/all.jsWells  Fargo www.wellsfargo.com / AppNexus ib.adnxs.com/tt?id=3341204&cb=DC766C8D720449822546403

30 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved. 30 Confidential  |  Draft for Discussion Purposes Only |  © 2014 Ghostery, Inc. All Rights Reserved.

Raw Data Sample:

*Based on a 7/14/14 - 8/14/14 Ghostery Inc. Security Study

Company Secure  Host Secure  Path Tag Non-­‐Secure  Tag  URLWSJ buy.wsj.com /offers/html/offerPrnUpPI.htmlMaxPoint  Interactive mpp.mxptint.net/2/6657/?rnd=2093531899WSJ customercenter.wsj.com/public/view/login.html Adometry log.dmtry.com/132500/189/3491/1181/330/248925/0/0/0/1.ver?at=p&d=Post&ta=0&tp=81&vd=1&jf=0&jt=1&jsv=4.5.0&oc=ADO&nc=0&num=0&sr=1280x800x24&tz=4&url=http%3A%2F%2Fonline.wsj.com%2Fhome-­‐pageWSJ customercenter.wsj.com/view/home.html ScoreCard  Research  Beacon b.scorecardresearch.com/b?c1=8&c2=6135404&c3=3000&c4=17647&c10=3173401&ns__t=1407940638493&ns_c=UTF-­‐8&c8=JSFrame&c7=http%3A%2F%2Fonline.wsj.com%2Fstatic_html_files%2Fjsframe.html%3Fjsuri%3Dhttp%3A%2F%2Fad.doubleclick.net%2FN2%2Fadj%2Finteractive.wsj.com%2Ffront_sub%3Bu%3DV1-­‐ZTBkZDk5ZDYtODc1Yy00NjRlLTk3NzYtODlkNzQxNTU4ZDJm**300x250%2C336x280%2C300x600****220%2C228%2C227%2C12592%2C20725%2C13478%2C20974%2C22985%2C21058%2C21061%2C21154%2C23420%2C23446%2C21065%2C21059%2C21079%2C21081%2C21082%2C21085%2C21087%2C21078%2C12915%2C21062%2C21064%2C21063%2C21060%2C21086%2C21084%3Bkuid%3Dne9v9nal4%3B%3Bp39%3D220%3Bp39%3D228%3Bp39%3D227%3Bp39%3D12592%3Bp39%3D20725%3Bp39%3D13478%3Bp39%3D20974%3Bp39%3D22985%3Bp39%3D21058%3Bp39%3D21061%3Bp39%3D21154%3Bp39%3D23420%3Bp39%3D23446%3Bp39%3D21065%3Bp39%3D21059%3Bp39%3D21079%3Bp39%3D21081%3Bp39%3D21082%3Bp39%3D21085%3Bp39%3D21087%3Bp39%3D21078%3Bp39%3D12915%3Bp39%3D21062%3Bp39%3D21064%3Bp39%3D21063%3Bp39%3D21060%3Bp39%3D21086%3Bp39%3D21084%3B%3Btile%3D7%3Bsz%3D300x250%2C336x280%2C300WSJ id.wsj.com /access/509b1a086458232f6e000002/latest/login_standalone.htmlAppNexus ib.adnxs.com/seg?add=1578697&t=2WSJ id.wsj.com /access/509b1a086458232f6e000002/latest/login_standalone.htmlIntegral  Ad  Science dt.adsafeprotected.com/dt?asId=76efb4d6-­‐0d21-­‐11e4-­‐97b0-­‐00259069c34e&tv={c:iwUHX7,pingTime:5,time:134753,type:p,fc:0,rt:0,cb:0,np:1,th:0,em:true,fr:true,slTimes:{i:4040,o:129908,n:0,pp:805,pm:0,gpp:805,gpm:0,gi:4040,go:129908,gn:0,fi:6643,fo:126404,fn:1706},slEvents:[{sl:o,fsl:fn,gsl:go,t:22,wc:0.0.1146.712,ac:717.369.300.600,am:i,cc:0.0.300.600,piv:57,obst:na,th:1,reas:f},{sl:pp,fsl:fo,gsl:gpp,t:129908,wc:0.0.1146.712,ac:717.369.300.600,am:i,cc:0.0.300.600,piv:57,obst:na,th:0,reas:},{sl:i,fsl:fi,gsl:gi,t:130713,wc:0.0.1146.712,ac:717.195.300.600,am:i,cc:0.0.300.600,piv:86,obst:na,th:0,reas:}],slEventCount:3,uf:0,tt:jss,fm:oKcZOYQ+11|12|13|14|151|152|16|17|18|19*.22492-­‐2571276|1a|1b|1c|1d1|1e|1f|1g,dtt:564,pc:0,ov:0}&br=c&adsafePrivacyPolicy=http://integr.al/privacy-­‐policyWSJ portfolio.wsj.com /auth/portfolio_login DoubleClick  Spotlight ad.doubleclick.net/activity;src=1373310;type=rapta615;cat=track812;u=V1-­‐ODBmODkzMWQtZDk4YS00ZGQyLTkwNGItYjQ0MDRlNWYyZTc4;ord=848144?WSJ portfolio.wsj.com /marketing Turn r.turn.com/r/beacon?b2=Wg7NDNqjfn8DHtWyTdw0hccfpHiLCI-­‐5t5es9XC57Yz3IaLUHmUxgcFB5MDCx9QC9Uh1dG6nBJqBb_n8Dn23KA&cid=WSJ signin.wsj.com /login.asp DoubleClick cm.g.doubleclick.net/pixel?google_nid=bluekai&google_cm&google_sc&a=11&WSJ subscribe.wsj.com /hpupgrade Turn r.turn.com/r/beacon?b2=iVXhpQdP31vtxinJjuJkZrDXF3ErZ-­‐hMvWbQdxD55sT3IaLUHmUxgcFB5MDCx9QCeFl_0Sx_EPjpycu8ndMeJg&cid=WSJ www.subscribe.wsj.com /hpheaderlink/ DoubleClick  Spotlight ad.doubleclick.net/activity;src=4327673;met=1;v=1;pid=110089638;aid=283275739;ko=0;cid=58762664;rid=58651741;rv=3;&timestamp=1405962456345;eid1=2;ecn1=0;etm1=1;eid2=1718676;ecn2=0;etm2=1;