Security company launches Trusted Access Platform, adds downloadable secure browser
Computer security company IronKey has introduced an integrated platform of multiple security controls.
Considered as the next generation of online banking security, the approach dramatically reduces the risk of online banking fraud and simplifies compliance with FFIEC guidance, said the company.
The IronKey Trusted Access Platform changes the focus from single-point security controls to an integrated, multi-layer approach, said IronKey.
IronKey has also announced a downloadable, secure browser application as a new Trusted Access form factor.
The downloadable software includes key logging protection, read-only operation and access to the encrypted and secure IronKey Trusted Network.
Trusted Access helps to avert criminal attacks on bank customers that use malicious software such as ZeuS, SpyEye, Sunspot, and OddJob, as well as new threats that continue to evolve, claimed IronKey.
In addition, IronKey has also announced its plans to extend the Trusted Access Platform with additional security controls including out-of-band authentication, smartphone applications and analytics.
The company said that with the new additions, banks will no longer need to integrate multiple vendors’ tools or add new delivery methods.
IronKey CEO Arthur Wong said with the Trusted Access Platform, banks can immediately secure their brands and customers from the damaging impact of account takeovers and litigation costing millions of dollars a year.
Wong added, "And as banks address FFIEC compliance requirements for multiple layers of security an institution’s return on investment continues to grow."
"For our banking service provider partners, the Trusted Access Platform delivers significant competitive differentiation and faster time-to-market compared to cobbling together disparate products from multiple vendors that ultimately leave points of risk unaddressed," Wong said.