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Trusteer Situation Room Provides Real-Time View Of Banking Attacks

TSRis an intuitive security threat and risk assessment content sharing platform
BOSTON, July 13, 2011 -- Trusteer, the leading provider of secure web access services, today announced Trusteer Situation Room (TSR), an intuitive security threat and risk assessment content sharing platform. TSR provides information on fraudsters, their activities, the institutions they target, their methods for bypassing various security controls, and techniques for blocking individual attacks. The service gathers information on malware activity from a worldwide network that spans tens of millions of endpoint devices and thousands of malicious servers, and is supported by a large team of professional security analysts that closely monitors financial fraud activities around the clock. See today's related press release: Tompkins Financial Selects Trusteer to Protect Internet Banking Customers. Trusteer is offering a free 60 day trial of TSR to qualified financial institutions.

On June 28th, 2011 the Federal Financial Institutions Examination Council (FFIEC) released a supplement to the 2005 "Authentication in an Internet Banking Environment" guidance that describes the measures financial institutions should take to protect Internet banking customers from online fraud. The supplement updates the FFIEC Guidance in light of the changes in the threat landscape and the reduced effectiveness of antifraud measures recommended by the original document. One the Guidance's three key elements calls for financial institutions to continuously assess the threat environment, with a specific focus on malware attacks, and to keep their defences up-to-date as threats evolve and shift.

To enable financial institutions to meet this on-going risk assessment expectation, TSR immediately identifies new threats targeting their systems and customers, provides a technical analysis of attacks and their implications, and recommendations for how to mitigate them. TSR generates on-going reports describing the change in threats over time and monitors the effectiveness of various security controls against them. With a section on eCrime related news, and a forum for discussion and data sharing with peers, TSR is a "command center" for security professionals in their fight against fraud.

"With the pace of cyber crime increasing every day, even the largest and most security conscious organizations don't have the internal resources to keep up with the continuous onslaught of malware and phishing attacks that targets their business," said Yaron Dycian, vice president of products for Trusteer. "The Trusteer Situation Room harnesses the depth and breadth of our global security monitoring network to detect, analyze, and report on attacks, as they happen. We provide the critical intelligence organizations need to protect their assets and keeps customers safe."

New Attack Alerts

TSR issues real-time alerts and reports that analyze the behavior and modus operandi of new crime ware, phishing, and other threats it discovers. It also maintains a repository of financial malware samples that participating members can download to better understand how each attack operates including methods used by fraudsters to target the organization and its customers. Each report includes threat mitigation recommendations. The TSR also includes an analysis section that maintains a constantly updated list of fraudster identities and suspected fraudster IP addresses.

TSR - Key Features

. Can generate an alert each time a new threat targets your brand

. Monitors more than 1000 directly targeted banks

. Provides a tool for comparing number of threats against monitored financial institutions

. Maintains a constantly expanding database of hundreds of attack analysis reports

. Provides member-only platform for sharing information and collaborating with peers and Trusteer fraud experts

Availability and Free Trial Offer

TSR is available immediately. A free 60 day trial is available for qualified financial institutions. For more information visit: http://www.trusteer.com/trusteer-situation-room-free-trial.

About Trusteer

Trusteer is the world's leading provider of Secure Web Access services. The company offers a range of services that detect, block and remove attacks launched directly against endpoints such as Man in the Browser, Man in the Middle and Phishing. Trusteer services are being used by leading financial organizations and enterprises in North America and Europe, and by tens of millions of their employees and customers to secure web access from mobile devices, tablets and computers to sensitive applications such as webmail, online payment, and online banking. HSBC, Santander, The Royal Bank of Scotland, SunTrust, Fifth Third, ING DIRECT, and BMO Financial Group are just a few of the companies using Trusteer's technology. Trusteer is a privately held corporation led by former executives from RSA Security, Imperva, and Juniper. Follow us on www.Twitter.com/Trusteer. For more information about our services, please visit www.trusteer.com.