PALM BEACH GARDENS, FL--(Marketwired - Sep 26, 2013) - Wontok today announced that it has received endorsed vendor status from Minnesota Bankers Association and FIPCO -- a subsidiary of Wisconsin Bankers Association. The endorsements were developed in partnership with Total Networx, Wontok's Midwest channel partner for Wontok SafeCentral™, an endpoint security technology that prevents account takeover fraud. SafeCentral's SafeBrowser and SafeDesktop allow banking customers to complete secure online banking transactions while locking out data-stealing malware even on infected devices.
"As we continue to expand our U.S. presence, we welcome this validation from the financial community that our technology serves," said Adam Tegg, CEO of Wontok. "These endorsements come after their significant research and consideration, and ensures Wontok SafeCentral's place in front of the decision makers at regional banks. With the ongoing threat of financial malware, SafeCentral provides a powerful web fraud prevention solution that protect banks and their customers from financial risks."
Wontok SafeCentral is a lightweight application that features Wontok's patented Trusted Security Extensions (TSX) technology. TSX locks down the operating system and blocks any malware or vulnerability-based activity on the endpoint device. The proactive endpoint security technology complements existing security measures such as antivirus, firewall and encryption solutions while offering protection against keyloggers, screen stealer, DNS redirection, banking Trojans and man-in-the-browser (MITB) attacks.
"There are too many successful attacks with cybercriminals depleting consumer and corporate banking customer accounts as a result of malware on a personal or company-owned computer," said Ryan Elmer, account manager at Total Networx. "While banks cannot control their customers' computers or devices, they can mandate that customers use SafeCentral to complete their online banking transactions. SafeCentral isolates online activity in a safe and secure environment allowing customers to complete their transactions without risk of triggering malware or exposing their private information."
Ken Baylor, research vice president for NSS Labs, commented, "Fraudsters are waging an epic global battle against banks and their customers using advanced malware to steal hundreds of millions of dollars. While customer devices are outside of banks' traditional network controls, one of the most cost-effective ways to protect themselves and their customers is by providing account holders with a powerful security solution that will defeat ATO malware. This can greatly reduce risk and liability in the long run."
Listen to Ken Baylor discuss key financial malware threats in a new web video series, Online Banking Fraud Viewpoints.
Total Networx offers SafeCentral as part of its eBankSafe product line. To learn more, visit TotalNetworx.com. Financial institutions can also download the Wontok SafeCentral for Banking datasheet at Wontok.com to learn how SafeCentral can protect their organizations and their customers from malware attacks.
About Wontok:
Wontok delivers proven data security solutions that fill the gaps left by conventional security offerings. With Wontok's added layer of security; businesses, government organizations and consumers can have confidence that their online commerce and communications is secure and their data is safe. Wontok delivers its world-class cloud and endpoint security platform through value add distributors, systems integrators, ISPs, MNOs, Telcos and other value-added channel partners. The company has operations in the United States, Europe and Asia Pacific. For more information, visit www.wontok.com.
Contact Information:
Media Contact:
Kevin Wilson
513-898-1008