SOURCE: IronKey

IronKey

April 04, 2011 08:23 ET

IronKey Announces Banking Channel Partner Program for Trusted Access

Targets Banking Service Providers and Qualified IronKey Elite Partners

AUSTIN, TX--(Marketwire - April 4, 2011) - NACHA PAYMENTS 2011 -- IronKey, the leader in securing data and online access, today announced its Trusted Access Elite Channel Partner Program. The initiative enables selected partners to help institutions offering commercial, business, and municipal online banking combat the growing threat posed by cyber criminals using financial malware. According to the Anti-Phishing Working Group, 25 percent of all computers are infected with banking Trojans such as ZeuS and SpyEye. With IronKey Trusted Access for Banking, institutions can stop online account takeovers, prevent ACH and wire fraud, and generate new revenue. 

The program targets Banking Service Providers, Systems Integrators, VARs, and qualified current IronKey Elite Partners with significant banking experience and customer bases. Channel members can have confidence in IronKey's strong track record as a trusted partner with proven security technology solutions and a strong brand.

"Since our launch, market adoption of Trusted Access doubled every quarter last year, and now is the time to open this opportunity up to selected channel partners to meet the fast-growing demand," said May Mitchell, vice president of global channel sales for IronKey. "We are continuing our investment in the channel by opening up a significant new market with a proven solution and higher margins."

Mitchell was named a Channel Chief by Everything Channel's CRN in 2011 for the second time. Channel Chiefs are recognized as leaders in creating effective channel programs for solution providers.

IronKey Trusted Access is complementary to two factor authentication solutions such as RSA SecurID used by many banks. In light of the recently announced RSA data breach, organizations selling and supporting SecurID tokens can offer their customers immediate protection from likely attacks to monetize the stolen RSA data. Institutions can continue using SecurID and do not need to modify their online banking applications.

IronKey Trusted Access protects online banking clients from rampant bank phishing, session hijacking, and account credential stealing malware favored by criminals. Using the ZeuS Trojan and SpyEye toolkits criminals have stolen millions from banks and their clients in a single attack. Unlike other approaches, Trusted Access for Banking is the only solution to achieve NACHA and FBI guidelines for safe online banking by isolating access to commercial banking applications from potentially compromised host computers and networks in a tamper-proof virtualized environment that is portable, self-contained, easy-to-deploy, and enforces bank security policy. Trusted Access matches the criteria of a portable USB solution to protect from account takeovers as defined by draft FFIEC 2011 guidance on combating online banking fraud. 

With IronKey's Trusted Access Elite Channel Program, partners will:

  • Enter a new market with a timely, proven solution and high margins
  • Be able to refer, resell, train and customize Trusted Access solutions
  • Build recurring services revenue streams from deployment and issuance/distribution services and best security practices consulting
  • Ramp up quickly with the IronKey infrastructure needed to be successful

Demo the solution at NACHA PAYMENTS 2011 where IronKey is exhibiting at Booth # 910, April 4th and 5th at the Austin Convention Center in Austin, Texas. Contact partners@ironkey.com or your account manager for more information on IronKey's Trusted Access Elite Channel Partner.

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 and 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 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, compromised 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.

Contact Information