Confidence Online Portal Edition Secures Online Transactions From
Eavesdropping Threats Like Trojan Horses Installed By Malicious Worms And
Spoof Sites
SAN FRANCISCO, Feb. 23 /PRNewswire/ -- RSA Conference -- WholeSecurity,
the leading provider of behavioral on-demand endpoint security solutions,
today announced that Raymond James Financial, Inc. (NYSE: RJF), one of the
largest financial services firms in the United States, has selected
WholeSecurity's new Confidence Online(TM) Portal Edition to ensure its
customers' online transactions are protected against eavesdropping threats
such as Trojan horses and keystroke loggers. This includes the backdoor
payloads deposited by all major worms including Bagel, Blaster, Bugbear,
MiMail, SoBig and Fizzer.
According to the Identity Theft Resource Center, identity theft is the
fastest growing crime in our nation today. The financial services industry
continues to feel this pain through repeated identity theft attacks via the
Internet. Online transactions conducted via banks, brokerage firm and
insurance company web sites can be compromised by backdoor programs like
Trojan horses on the consumer's computer. These stealth programs create easy
entry for online criminals to view, access, and steal customer passwords and
other sensitive data. Since traditional desktop security solutions fail to
protect consumer's computers against these programs, leading companies are now
taking responsibility to extend on-demand security to the millions of
unmanaged customer endpoints accessing sensitive information online.
"By automatically preventing eavesdropping programs from compromising
online transactions, Confidence Online will not only protect our customer
identities and assets, but also help Raymond James avoid large fraud losses
and reduce customer support costs associated with account takeovers," said
Gene Fredriksen, Vice President of Information Security, at Raymond James
Financial. "Confidence Online is the latest step in Raymond James' quest to
provide our customers with one of the safest online brokerage sites
available."
Managing more than $18 billion in assets, Raymond James Financial provides
financial services to individuals, corporations and municipalities in 2,100
locations throughout the United States and internationally. Initially,
Raymond James implemented WholeSecurity's Confidence Online Enterprise Edition
to provide "zero-hour" protection against major worms and the eavesdropping
programs deposited by those worms for its employees across the network. Now
the organization is extending its end-point security solution beyond employees
to ensure all customer PCs are also protected against eavesdropping threats.
Raymond James recently installed WholeSecurity's new Confidence Online Portal
Edition on sites catering to its thousands of independent financial advisors,
and the company is also moving towards full deployment of on-demand protection
for its hundreds of thousands of online consumers.
"Financial services institutions are realizing they must incorporate
additional measures to protect themselves and increase the confidence of their
online customers," said Eric Ogren, Senior Analyst, Security Solutions &
Services at Yankee Group. "As one of the first companies to recognize this
fact and deploy on-demand protection against eavesdropping programs on their
customer's computers, Raymond James Financial has raised the bar for defense
against online identity theft."
WholeSecurity's Confidence Online family of solutions takes an on-demand
behavioral-based approach and provides "zero-hour" protection against backdoor
threats on employee and consumer PCs. Unlike signature-based technologies,
Confidence Online does not require PC owners to depend on software patches and
other reactive solutions to detect, quarantine and destroy malicious code on
their computers. Confidence Online Portal Edition, launched last week at the
exclusive DEMO conference, protects customers who do business online with
banks, retailers, and other companies. Portal Edition automatically and
transparently eliminates eavesdropping programs, prevents identity theft and
ensures a secure transaction for customers and the businesses that serve them.
About WholeSecurity
Austin, TX-based WholeSecurity is the first company to deliver "zero-hour"
detection and mitigation of malicious threats like worms, Trojan horses,
keystroke loggers, and other eavesdropping programs. WholeSecurity's on-
demand, behavioral-based Confidence Online(TM) software automatically detects
and prevents eavesdropping and electronic theft on the endpoint PC without
requiring users to install or update protection. If the software finds a
threat, such as a Trojan horse, it is terminated before personal or corporate
information can be stolen. Confidence Online protects employees by extending
secure remote access protection beyond the network to the endpoint PC, and it
protects consumers from online identity theft at e-commerce sites. Please
visit http://www.wholesecurity.com/ to learn more.
Confidence Online is a trademark of WholeSecurity, Inc. All other
trademarks and registered trademarks are the property of their respective
owners.
For more information contact:
Kirstan Ryan
Porter Novelli
Phone: 512-241-2235
Kirstan.ryan@porternovelli.com
Scott Olson
WholeSecurity
512-874-7449
scott.olson@wholesecurity.com
SOURCE WholeSecurity, Inc.
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Related links:
http://www.wholesecurity.com
http://2004.rsaconference.com
CONTACT:
Kirstan Ryan of Porter Novelli,
+1-512-241-2235, or Kirstan.ryan@porternovelli.com , for
WholeSecurity, Inc.; or Scott Olson of WholeSecurity, Inc.,
+1-512-874-7449, or scott.olson@wholesecurity.com
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