SOURCE: IronKey

IronKey

April 18, 2011 07:00 ET

Fairfield County Bank Safeguards Commercial Customers From Cyber Thieves With IronKey Trusted Access

SUNNYVALE, CA--(Marketwire - Apr 18, 2011) - In keeping with industry recommendations on how to safeguard accounts from escalating financial malware attacks, Fairfield County Bank, located in southeastern Connecticut, is proactively moving to protect its business clients before criminals can strike. The bank is now offering IronKey Trusted Access for Banking to provide clients with a convenient and safe means to conduct online business banking even if the client's own computer is infested with the worst possible malware.

Cyber criminals have become so effective at hijacking PCs and stealing credentials used by businesses for online banking that the FBI, NACHA, and FFIEC(1) recommend dedicating an isolated computer strictly for this purpose. With Trusted Access, Fairfield County Bank is moving ahead of its competition to provide business customers an online banking experience isolated from financial malware that meets this requirement.

"We're committed to providing superior, state-of-the-art commercial banking services, including the highest levels of online security," said Dan Berta, chief operating officer of Fairfield County Bank. "The greatest risk facing commercial online bank customers today is the security of their own PCs and networks. With IronKey Trusted Access we offer our customers a way to conduct online banking on a dedicated, secure and isolated platform that's convenient for them to use."

According to the latest reports from the Anti-Phishing Working Group (APWG), a staggering number of computers -- 25 percent -- are infected with banking Trojans, password stealers or downloaders capable of installing programs to take over customer PCs.

Dave Jevans, IronKey's founder and chairman, said, "What makes financial malware threats so dangerous is they go undetected even with up-to-date anti-virus software, firewalls and other software-based security. Fairfield County Bank is further differentiating their client-focused services with Trusted Access, because it isolates clients' online access in a safe, bank-managed environment that is independent of the PC. That protects online banking customers even if their PC has been compromised with financial malware, including keyboard loggers, man-in-the-browser or 'backconnect' Trojans."

With Trusted Access for Banking, users simply connect their Trusted Access security device to the USB port of their PC computer. Trusted Access automatically launches a protected, virtualized Web browser. The Trusted Access Browser takes the user directly to Fairfield's website and prevents visiting fake websites introduced by phishing or other scams. To protect users from ever-changing malware, Trusted Access for Banking does not rely on potentially compromised and vulnerable applications on the user's host computer. Instead, a secure, encrypted connection to online banking is made through the IronKey Trusted Network to lock out man-in-the-middle and DNS address redirect attacks. Advanced encrypted keyboard input protects users from keyloggers while entering authentication credentials and other sensitive data.

Please visit www.fairfieldcountybank.com to learn more about Fairfield County Bank's Trusted Access offering or call 877-431-7431. More information about IronKey's Trusted Access for Banking is available online.

Resources
"Protecting Online Banking Customers from Evolving Cyber Crime Threats," a 20-minute online webcast from IronKey, can help you understand the risks facing anyone using a PC for online banking and why anti-virus software, firewalls and other conventional safeguards are not able to stop these attacks. The webcast explains the latest bank phishing attacks, the ZeuS Trojan and SpyEye, the "mule" economy and dozens of other topics relevant to understanding and fighting this serious crime wave.

"Trusted Access Guided Demonstration" provides a complete product demonstration and example attacks. Presented by Kapil Raina, senior product manager at IronKey, the demonstration also shows how banks can easily issue and manage Trusted Access.

About Fairfield County Bank, Connecticut
Fairfield County Bank is a $1.6 billion community bank with 22 offices located throughout Fairfield County. The bank has been serving the residents and businesses of Fairfield County for 140 years.

About IronKey
Ranked as the 14th best venture-funded company in The Wall Street Journal's"Next Big Thing 2011" survey, IronKey secures data and online access for individuals, enterprises, and governments. IronKey solutions protect remote workers from the threats of data loss, compromise of passwords, and computers infected by malicious software and crimeware. IronKey multi-function devices connect to a computer's USB port and are easy to manage with the IronKey management service. This allows users to securely carry sensitive corporate data, strongly authenticate to VPNs and corporate networks and isolate online banking customers from Advanced Persistent Threat attacks. IronKey customers include Fortune 500 companies, healthcare providers, financial institutions and government agencies around the world. Trusted Access for Banking has also won numerous awards such as 'FutureNow 2010 Top 5' from Bank Technology News. Visit www.IronKey.com for more information.

(1) National Automated Clearinghouse Association (NACHA) and Federal Financial Institutions Examination Council (FFIEC)

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