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Presidio Bank taps IronKey for online security

9, Country, Priority, UNITED STATESBy Robert McKinley 06/29/2012

Presidio Bank is set to offer its clients IronKey “Trusted Access” to help prevent identity theft, online account takeover, and payments fraud. The “Trusted Access” platform allows the bank to meet and exceed the new Federal Financial Institutions Examinations Council (FFIEC) guidance, with which all financial institutions must comply in 2012 to reduce the risk of online banking fraud.
According to real-time research from SpyEye Tracker(1), today’s anti-malware software fails to detect crimeware at least 75 percent of time. The Anti-Phishing Working Group (APWG) estimates that 39 percent of all computers are infected with financial malware designed to steal personal and account information. As a result, online banking account takeovers are growing at a rate of 150 percent each year, based on research published by FS-ISAC (Financial Services Information Sharing and Analysis Center).

Guaranty Bank Protects Implements IronKey Security

2, Country, Priority, UNITED STATESBy Robert McKinley 03/15/2012

Guaranty Bank is enhancing online security to protect customers from cyber thieves targeting online banking users of ACH and wire transfer services, offering commercial customers IronKey’s Trusted Access. This gives them secure access to the bank’s site at the point most vulnerable to malware attacks — the customer’s PC. The industry analyst firm Gartner estimates that cybercriminals have robbed banks, businesses and municipalities in the U.S. of more than $3 billion using financial malware. IronKey Trusted Access will be required for all cash management customers and offered to all business banking customers.

IronKey Trusted Access Launches Secure Cloud

4, Country, Priority, UNITED STATESBy Robert McKinley 02/24/2012

IronKey extended enterprise management, launched its cloud service and virtualized workspace apps that helps IT transform from a technology operator to dynamic service provider. The new Enterprise Service enables organizations to take advantage of two trends re-shaping IT — Bring Your Own Device (BYOD) and SaaS/cloud applications — to dramatically reduce or eliminate enterprise issued endpoints and supporting infrastructure, operations and maintenance expenses. With the savings gained, IT leaders can shift spending to projects with greater strategic importance and impact on top line growth. The service is designed to work with small, medium and large enterprises that have contractors, remote workers, and remote offices, or large cloud applications users.

IronKey Partners Imation, Secures Cloud Services

8, Country, Priority, UNITED STATESBy Robert McKinley 09/20/2011

IronKey partnered Imation technology company dedicated to helping people and organizations store, protect and connect their digital world. Imation will acquire the security hardware component of IronKey’s business, and the two companies will partner to offer IronKey online security services to enterprises, financial institutions, governments and consumers. Founded in 2005, IronKey’s online security services protect the data, passwords and transactions of over 3,000 government agencies, enterprises and their employees and customers. As part of this strategy, IronKey and Imation announced that they have entered into a definitive agreement under which Imation will purchase the assets of IronKey’s secure data storage hardware business.

The Coastal Bank Implements IronKey Secure Browsing

9, Country, Priority, UNITED STATESBy Robert McKinley 09/20/2011

The Coastal Bank community bank is protecting from cyber thieves targeting ACH, wire transfers and other online payments through IronKey Trusted Access browsing solution. Preventing identity theft, payments fraud and online banking account takeover, Trusted Access lets customers know they are accessing an authentic site and their transactions are not being monitored or tampered with by crimeware. Additional features include “Trusted Bookmarks” to safely access popular websites; the Trusted Access portable USB security device, which launches a protected, virtualized operating system and Web browser that only works with the IronKey Trusted Network and, when deployed, limits the end user’s online access to bank-approved sites.

IronKey 2Q/11 Sees Bookings Up 70% Q/Q

1, Country, Priority, UNITED STATESBy Robert McKinley 09/02/2011

IronKey data security and online access saw growth in 2Q/11 with bookings up 70% quarter-over-quarter thanks to high demand for its Trusted Access secure browsing products. Market developments and IronKey advancements include New Federal Finance Institutions Examination Council (FFIEC) guidelines with a January 2012 deadline call for stronger, layered online banking security and recognize IronKey’s…

IronKey Names New CFO & VP

8, Country, Priority, UNITED STATESBy Robert McKinley 08/30/2011

IronKey named Mark Schulte as CFO and ex-Symantec marketing exec Ajay Nigam senior vice president, product management. Schulte will be responsible for financial management and corporate accounting. Nigam will lead IronKey’s product management and strategy team. Schulte was VP, finance and CFO for Right90 on-demand software provider acquired by Trilogy/Versata. He focused on scaling the company by optimizing its subscription-based Software-as-a-Service (SaaS) model. Ajay Nigam joined IronKey from the Symantec Services Group as VP, service product management, having launched solutions that combined hybrid services delivery with a mix of on-premise and in-the-cloud solutions. He also held leadership positions at VeriSign, Mossbeach Technology and Hughes Software Systems.

IronKey Chairman to Present on Crimeware

8, Country, Priority, UNITED STATESBy Robert McKinley 08/04/2011

Dave Jevans, chairman of IronKey and the Anti-Phishing Working Group (APWG) , is set to address financial and operations executives from Jack Henry clients, the Silverlake User Group and Infragard Information Security, Infrastructure Protection, & Law Enforcement Conference at Kennesaw State University near Atlanta. Jevans will explain the increasing sophistication of financial malware and cyber criminals, as well as how online banking attacks work, why anti-virus software, firewalls and other conventional countermeasures are not stopping them and what needs to be done about it. Crimeware designed to takeover online banking accounts and steal money is now the most significant threat concerning U.S. banks. A staggering 25% of computers, according to latest reports from the Anti-Phishing Working Group (APWG), are infected with banking Trojans such as ZeuS and SpyEye and used by criminals to take over online bank accounts and steal millions from businesses and municipalities.

First Data Protects Internet Banking Clients With IronKey

3, Country, Priority, UNITED STATESBy Robert McKinley 08/02/2011

First Data electronic commerce and payment processing will now refer clients of its “Internet Banking” to IronKey’s “Trusted Access” to help them protect customers from potential hack attacks. The IronKey “Trusted Access” secure browsing solution allows financial institutions to provide Internet banking customers defense from criminal attacks and malicious ZeuS, SpyEye, Sunspot, and OddJob software and will assist First Data clients who choose the service in meeting Federal Financial Institutions Examination Council (FFIEC) guidelines for new online security controls. Trusted Access provides a secure Web browser protected in a fully virtualized, read-only environment tailored to protect online banking sessions from known and unknown crimeware. Even if a computer is infected with malware, the online banking session should remain safe, secure, and private. Unlike other approaches, Trusted Access assumes a client’s computer is infected with the latest zero-day attack that would go undetected by anti-virus and other software technologies.

Northern Lights Federal Credit Union Adds IronKey Security

9, Country, Priority, UNITED STATESBy Robert McKinley 07/26/2011

Northern Lights Federal Credit Union (NLFCU) of Vermont is set to issue its members IronKey Trusted Access for Banking secure browsing solution that prevents identity theft, payments fraud and online banking account takeover. Northern Lights Credit Union is one of the first to offer Trusted Bookmarks, a new feature of Trusted Access for Banking allowing members to safely access popular websites using a ‘white list’ managed by the credit union. With Trusted Access, customers know they are accessing an authentic site and their transactions are not being monitored or tampered with by crimeware. Northern Lights worked with the CEO of the CUSAG, LLC and industry expert on the IronKey implementation. Trusted Access adheres to a tougher new set of guidelines from the Federal Financial Institutions Examinations Council (FFIEC) – whose members include the National Credit Union Administration (NCUA) – for securing online banking and money transfers.

IronKey Trusted Access for Banking Meets FFIEC Guidelines

9, Country, Priority, UNITED STATESBy Robert McKinley 06/30/2011

IronKey’s Trusted Access for Banking secure browsing solution meets the new online banking security guidelines from the Federal Financial Institutions Examination Council (FFIEC), the company announced. The FFIEC member agencies have directed examiners to formally assess financial institutions under the authentication supplement beginning in January 2012. The IronKey Trusted Access for Banking approach delivers the capabilities bank examiners will now look for, requires no changes to bank systems, and stops hackers where they are attacking— at the online banking customer’s PC — even if it is infected with the worst possible crimeware such as ZeuS, SpyEye, Sunspot, and OddJob. IronKey Trusted Access for Banking is an intelligent security software and Internet security service that is also easy to use.

IronKey Continues Growth in 1Q/11

9, Country, Priority, UNITED STATESBy Robert McKinley 05/18/2011

IronKey data and online access security continued its strong sales, customer, and partner growth leading to a record breaking quarter for the company. During the first quarter of 2011, overall product bookings increased 90% compared to the same period last year. The number of banks using Trusted Access for Banking doubled from the fourth quarter as Gartner reported that crimeware on clients’ computers is now the most alarming threat to online banking executives in the U.S. And to advance IronKey’s strategy of strong growth and address more customers, IronKey added Arrow Electronic in North America and Cohort Technology and Wick Hill Germany in Europe as value added distributors. The first quarter also saw industry veteran Arthur Wong join IronKey as CEO, while Dave Jevans took on the role as IronKey’s chairman of the board of directors.

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