Trusteer, the leading provider of cybercrime prevention solutions, today announced that the Treasury Department Federal Credit Union (TDFCU) has selected Trusteer Rapport to meet the new FFIEC security guidelines for online banking security and protect its members from malware aimed at stealing funds and personal information.
TDFCU's decision to implement Trusteer is a strong indicator of Rapport's ability to meet and exceed the new requirements mandated by the FFIEC, which is a formal interagency body of the United States government.
Founded in 1935, TDFCU is comprised of nearly 25,000 employees of the U.S. Treasury Department, the Department of Homeland Security, the Federal Courts, the Securities and Exchange Commission (SEC), as well as other branches of the U. S. Government. TDFCU turned to Trusteer for an endpoint security solution that would protect against zero-day malware and phishing attacks, and also allow it to comply with the updated Federal Financial Institutions Examination Council (FFIEC) guidelines being introduced in January 2012.
"The growing volume of attacks and account takeover activity within the financial services industry, coupled with the new FFIEC guidelines prompted us to add an additional layer of security to our online banking platform," stated Alfred Scipio, President/CEO of TDFCU. "When we asked our financial management technology partner Intuit Financial Services how we could extend security to our members' computers, they recommended Trusteer. Rapport enables us to lock down the browser during online banking sessions to help protect TDFCU and our members from fraud, phishing attacks, and financial theft."
Trusteer Rapport provides the following capabilities:
•Prevents malware from installing on the computer and accessing information inside the browser
•Is simple to install, requires zero configuration, and does not force users to change the way they bank online
•Detects malware activity and removes the files associated with it
•Monitors web pages loaded into the browser and removes malicious content that tries to exploit vulnerabilities in the browser or its add-ons
•Includes a rapid response cycle which updates all instances of the software around the world within minutes when a new threat is detected.
"We are pleased that the Treasury Department Federal Credit Union has selected Trusteer as its anti-fraud solution," said Rakesh Loonkar, President of Trusteer. "Their decision to deploy Trusteer to address cybercrime threats and comply with the new FFIEC security guidelines is a strong vote of confidence for our company and our product suite."