Latest Financial services and banking security News

Infinova cameras watch over Kuwait Finance House
posted on 30/07/2010

Kuwait Finance House, headquartered in Kuwait City with international operations in Bahrain, Malaysia and Turkey, is using over 1,300 Infinova high-resolution fixed and PTZ dome cameras plus 80 Infinova DVRs to watch over its 46 locations. In the bank’s new administration building, the organization is migrating to Infinova megapixel cameras and NVR software. All transactions and activities in each location of the Kuwait Finance House bank are now under the surveillance of Infinova indoor/outdoor, infrared, minidome and PTZ dome cameras. Video is recorded in continuous mode with Infinova high-definition H.264 DVRs. Each Kuwait Finance House branch deploys 32 to 48 Infinova cameras. Infinova DVRs are connected to the central control room located at the home office via a 512 Mbps DSL line and monitored by security personnel using Infinova remote client software. Recorded images are verified and produced upon request. Infinova mobile DVRs are used for the bank’s mobile branches w... [more]

Rapport's financial malware disinfection removes malicious code that attempts to attack browser sessions
posted on 30/07/2010

Zeus and other online fraud Trojans are increasingly being remotely reconfigured by criminals to deliver new, more targeted and more authentic looking attacks. For example, Trusteer recently discovered campaigns that use Zeus to exploit the familiar Verified by Visa and MasterCard SecureCode security programs and launch regionally-focused attacks against specific banks. Recent studies from Trusteer and other fraud detection vendors show that antivirus solutions detect only 10 percent of active financial malware. Trusteer has added financial malware disinfection to its Rapport service. In addition to preventing Trojans like Zeus, Silon, Bugat, DBJP and zero day malware from tampering with website communications and transactions, Rapport now removes malicious code that attempts to attack browser sessions. This new capability is being provided at no additional cost to all Rapport customers and end users. Trusteer will also submit any new (zero day) malware it discovers to all anti malw... [more]

Juniper Networks acquires SMobile to deliver a secure mobile Internet experience on any mobile smart device
posted on 29/07/2010

Juniper Networks has announced its acquisition of SMobile, a provider of smart phone security. The Columbus, Ohio-based SMobile Systems, Inc., is a privately held software company focused solely on smart phone and tablet security solutions for the enterprise, service provider and consumer markets. The total transaction consideration at closing will be approximately $70 million in cash. SMobile's product portfolio protects devices running on Android, Apple iOS (which powers iPhones and iPads), Symbian, BlackBerry and Windows Mobile operating systems from viruses, spyware, identity theft and other threats, while providing parental and enterprise controls. Juniper will integrate this portfolio into Junos® Pulse, a software platform that brings ubiquitous connectivity, security and acceleration to smart phones, tablets, netbooks and notebooks. According to industry analyst firm Infonetics Research, the mobile client security market is projected to grow to more than $1 billion by 2014. The... [more]

Biometric Fingerprint USB Scanner With Access Control System
posted on 28/07/2010

Biometric scanner are a cost-effective step many businesses can take to help authenticate the actions of their of their employees as well as increase their own businesses security. Fingerprint Scanners serve a variety of functions, but are most commonly seen in time clock applications, on walls where they serve as Access Control units to allow or restrict access to highly secured areas, as well as attached to workstations to make sure that the correct fingerprint scan has been inputted before allowing an employee or individual access to a specific computer, workstation, or document. Here is a small list of benefits you will find when you implement using fingerprint scanner in your businesses. 1) Simplify many aspects of your business. The Fingerprint scanner can replace long lists of passwords that can often change or be lost and stolen. They can also serve as a Check out Tutis Technologies Ltd. for more information on biometric time clock to simplify the process of keeping tr... [more]

Imperva's Hacker Intelligence Initiative provides deeper insight on how cybercriminals conduct large scale cyber attacks
posted on 27/07/2010

Imperva has announced its hacker intelligence initiative (HII), a research effort focused on providing deeper insight on how cybercriminals conduct large scale cyber attacks as well as shedding light on the evolution of the underground business of cybercrime. Part of Imperva’s Application Defense Center (ADC), the hacker intelligence initiative will investigate the anatomy of attacks as well as key hacking trends by exploring the cybercrime industry utilizing techniques including hack-back, forum monitoring and internet traffic surveillance. “Today, security research focuses heavily on vulnerabilities and problems. But to truly protect an organization, security professionals must have a deep understanding of their enemy,” said Amichai Shulman, Imperva’s CTO, referencing Sun Tzu’s observation, ‘If ignorant both of your enemy and yourself, you are certain to be in peril.’ Imperva’s HII researchers will conduct and release research on attacks as they are uncovered. To date, the HII ha... [more]

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