SOURCE: Bharosa

March 23, 2007 03:00 ET

Bharosa Joins CSIA to Promote Stronger Web Security

Bharosa and CSIA to Help Government, Financial Services, eCommerce and Healthcare Industries Bolster Anti-Fraud Efforts

SANTA CLARA, CA and ARLINGTON, VA -- (MARKET WIRE) -- March 23, 2007 -- Bharosa, a global provider of proactive, real-time fraud detection and multifactor authentication solutions, and the Cyber Security Industry Alliance (CSIA) announced that Bharosa has joined the Alliance to advance cyber security measures that protect consumers against the newest forms of identity theft and fraud. By working closely with Bharosa, a technology innovator and market leader, CSIA will gain important insight into today's Internet fraud threats to enable new standards and policies that strengthen Internet security for Government, Financial Services, eCommerce and Healthcare industries.

"We are pleased Bharosa is teaming with CSIA as we work with policymakers to minimize corporate and government breaches of personal and business data and increase consumer confidence in the reliability of our information systems," said Liz Gasster, acting executive director of CSIA. "With its growing user base of 22 million and ability to deter advanced cyber attacks, including phishing, spyware, and malicious computer bots, Bharosa will provide valuable insight to CSIA."

Bharosa, the originator of a "gated" approach to authentication and fraud detection, offers a comprehensive, business-friendly solution for modern-day fraud attacks. Using a series of fraud screening techniques to scrutinize user log-in and transaction data, Bharosa ensures businesses are taking a proactive security stance against current and future schemes.

Represented by CEOs and senior industry executives, CSIA's member companies provide the technical expertise, depth and focus to help government and other leaders better understand the issues around cyber security policy. CSIA has played a key role in several cyber security policy issues, including the recent ratification of the Council of Europe's Convention on Cyber Crime and the creation of an Assistant Secretary position for Cyber Security and Telecommunications at the Department of Homeland Security.

"In order to ensure the growth of online services worldwide, it becomes increasingly important that legislation and national policies are up to date with regards to the sophistication of today's fraud threats," said Jon Fisher, Bharosa CEO. "By working closely with CSIA, Bharosa will provide the expert counsel required to help leaders in Financial Services, Government, eCommerce and Healthcare industries solve the most pressing issues around Internet security."

If you are interested in becoming a member of CSIA, please visit for more information.

About Bharosa

Bharosa is a global provider of proactive, real-time fraud detection and multifactor online authentication security solutions for the enterprise. Bharosa's Tracker product works behind the scenes to verify a host of factors used to confirm a user's identity, including the user's computer, location and online behavior. Tracker scores risk through a unique and proprietary "gated" security method and responds to risk in real time by increasing online security. Tracker offers strong asset and transaction authentication security that can be implemented without requiring any change to the online experience.

Another Bharosa enterprise product, Authenticator, protects sensitive credentials data from Phishing, Trojans and Proxy-Based Fraud. Tracker and Authenticator together form the organization's most powerful weapon in the fight against online identity theft.

Bharosa, Inc. is a privately held company founded in May 2003 and headquartered in Santa Clara, California. More information is available at

About the Cyber Security Industry Alliance

The Cyber Security Industry Alliance is the only advocacy group dedicated exclusively to ensuring the privacy, reliability and integrity of information systems through public policy, technology, education and awareness. Led by CEOs from the world's top security providers, CSIA believes a comprehensive approach to information system security is vital to the stability of the global economy. Visit our web site at

Members of the CSIA include Application Security, Inc.; CA, Inc. (NYSE: CA); BSI Management Systems; Citrix Systems, Inc. (NASDAQ: CTXS); Crossroads Systems, Inc. (PINKSHEETS: CRDS); Entrust, Inc. (NASDAQ: ENTU); F-Secure Corporation (HEX: FSC1V); IBM Internet Security Systems Inc. (NYSE: IBM); iPass Inc. (NASDAQ: IPAS); MXI Security; PGP Corporation; Qualys, Inc.; RSA, The Security Division of EMC (NYSE: EMC); Secure Computing Corporation (NASDAQ: SCUR); Surety, Inc.; SurfControl Plc (LSE: SRF); Symantec Corporation; TechGuard Security, LLC; and Vontu, Inc.

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