21 October 2017
visit www.response.ncr.com

Rabobank Australia and NZ selects ThreatMetrix to secure online channels

27 November 2012  |  3119 views  |  0 Source: ThreatMetrix

ThreatMetrix™, the fastest-growing provider of integrated cybercrime prevention solutions, announced today that Rabobank Australia and New Zealand, part of the international Rabobank Group - the world's leading specialist in food and agribusiness, has selected the TrustDefender™ Client solution to help secure its Internet banking channel and protect its agribusiness clients from malware attacks.

Following a comprehensive review of third-party offerings, Rabobank selected ThreatMetrix's TrustDefender Client solution that reduces the risk of malware to its business customers, giving people confidence in making online transactions while on the Bank's web site. As a small client component installed on end-user computers, TrustDefender Client eliminates the risk of hidden malware compromising authenticated sessions to steal data, identities or money.

"I'm a strong supporter of the Internet banking channel for our rural clients, many of whom are located in remote parts of Australia and New Zealand," said Alister Bennett, head of product management and development, Rabobank Australia and New Zealand. "We use two-factor authentication with a physical token for our Internet banking customers, which gave us confidence that we were interacting with legitimate clients online. We also wanted to assure our clients' online sessions were protected to a higher degree, which is why we turned to ThreatMetrix."

Many banks worldwide have seen and experienced malware activity. According to estimates from the Aite Group, an independent research and advisory firm, as many as 25 million unique strains of malware were released in 2011 and the annual production of malware is expected to increase to 87 million by the end of 2015.

Any new client who participates in Rabobank's Internet channel receives a two-factor authentication token and a communication on the availability of TrustDefender Client. When a customer logs into Rabobank, they also get a splash screen telling them about malware risks and how TrustDefender Client can help protect them.

"Since we started offering TrustDefender Client as a free download, we've seen client uptake to over 80 percent," said Bennett. "Our clients trust us and look to us for guidance. Many clients have been very thankful of our technical expertise in helping them prevent malware and other cyberattacks."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
10212 views comments | 22 tweets | 26 linkedin
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
9431 views comments | 17 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8991 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8077 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7788 views comments | 10 tweets | 22 linkedin

Featured job

circa £250K total package
London

Find your next job