Prevx SafeOnline Boosts Confidence in Online Banking

Banking, Government, and e-Commerce Websites Offered Free Protection From
Online Fraud

DERBY, England, November 4 /PRNewswire/ -- Internet and PC security
specialist Prevx today launched a free security program designed to protect
websites and internet users from the risks of online fraud without impacting
the user experience. Banking, government, and e-commerce sites can now sign
up to the Prevx SafeOnline Business Partner Program and receive free
protection against malware that compromises their customers' confidential
account numbers or passwords. This unique program boosts confidence in online
transactions with free customer support, free real-time reports highlighting
threats affecting a company's website and free customer use of Prevx's new
SafeOnline technology. This powerful technology, successfully tested by
Immunity Inc., protects a PC user from threats such as phishing, DNS
poisoning, screen grabbing, man-in-the-browser and key stroke logging. Prevx
SafeOnline can be downloaded and active in seconds, does not impact the user
experience, requires no website changes, complements existing security
products and even prevents infected PCs from compromising an online
transaction.
"Despite the fact that private and public sector organizations across the
world are taking every possible step to protect their customers, online fraud
grows unabated. This is because persistent cybercriminals are simply becoming
smarter, with the ability to launch attacks the second a person goes online.
The technology they use is far more powerful than the vast majority of
popular PC antivirus and security products on the market, which is one of the
key reasons for the rising tide of crime," said Mel Morris, CEO at Prevx.
"Even if other security vendors had products that could address this problem,
they would most likely charge business and government customers to deploy it.
We feel this creates an unnecessary barrier to addressing what are probably
the most common online security threats affecting society today. Prevx
SafeOnline is our approach to targeting the multiple faces of e-crime by
giving all parties greater confidence in online transactions."
According to a June 2009 survey by Gartner, 41% of U.S. and 38% of U.K.
consumers say security is the most important reason for not banking online.
Prevx SafeOnline protects information such as passwords, session credentials,
addresses, credit card details, or account numbers that are entered into or
displayed by an internet browser during an online transaction. This is
possible because the product completely locks down the PC operating system
and browser to render malware blind to the transaction, enabling secure
online transactions even on infected machines. As a result, attacks such as
key stroke loggers are prevented from intercepting any information that a
person types into a keyboard. Similarly, information on a screen is hidden
from the eyes of malware used for screen grabbing. The product also ensures
that an individual is connected to the true website of a bank, government
department or online shopping portal and is not inadvertently passing their
personal information to a phishing site.
According to Avivah Litan, Vice President and Distinguished Analyst at
Gartner: "Perpetrators of e-crime can quickly change the behavior of malware
and also the types of phishing scams they run, rendering even the most
popular consumer security products ineffective. Simply stated, online service
providers ranging from banks to government agencies can no longer rely on the
integrity of transactions coming from their customers' PC browsers. As a
consequence, businesses and governments remain financially and politically
exposed to the often inadequate PC protection deployed by their customers and
users."
Immunity Inc., the world leaders in security and vulnerability testing,
assessed Prevx SafeOnline's ability to combat powerful malware Trojans that
are targeted toward banks, the largest victims of e-crime. The test reported
that Prevx SafeOnline was 100% effective at protecting web transactions from
a selection of prevalent and voracious threats such as the Zeus, MBR, Goldun,
and Silent Banker groups of Trojans and credential stealers. Prevx SafeOnline
Business Partners are not only able to offer this technology free to their
customers, but can do this without having to make any changes to their
website or web application. In addition, all customer support is provided
directly by Prevx for free, thereby avoiding additional investment in
responding to customer enquiries related to Prevx SafeOnline.
Prevx SafeOnline Business Partners' customers also have access to two
powerful features that are standard to Prevx's updated flagship anti-malware
product, Prevx 3.0.5. Firstly, a fast and powerful scanner can quickly scan a
PC for potential threats and alert a person about potential risks. This
scanner then works with a malware detection system that tracks more than 15
million known, evolving and emerging malware threats in real time. Prevx is
able to collate this data and provide Prevx SafeOnline Business Partners
free, real-time reports about the major threats affecting their websites so
they can better manage the risk.
Banks, government departments, and business organizations that want to
protect their websites and customers' credentials can do so by emailing Prevx
at safeonline@prevx.com and signing up to the Prevx SafeOnline Business
Partner Program. Alternatively, individual users can either purchase the full
Prevx 3.0.5 product, which now includes substantial improvements in real-time
malware detection, malware removal, and protection, as well as the Prevx
SafeOnline technology, or purchase the stand-alone Prevx SafeOnline component
to ensure all online transactions including those with organizations that
have not yet subscribed to the Prevx SafeOnline Free solution are protected.
For more information and pricing, see: http://www.prevx.com.
About Prevx
Prevx specializes in internet and PC security leveraging the world's
largest cloud-based threat database with knowledge of more than 125 million
software applications and 15 million known malicious objects, supported by
the most powerful automated malware research operation. We target the
multiple faces of e-crime by helping customers boost malware defenses with a
layered security solution that is based on a real-time and sustainable
anti-malware model for detecting and removing security threats. Based in
Derby, UK, the company was founded in 2001 as Immunify and rebranded as Prevx
in 2005. For more information, please visit our website: http://www.prevx.com
SOURCE Prevx

For press enquiries please contact: Satyen Dayal, Spark Communications,
+44(0)207-436-0420, satyen@sparkcomms.co.uk