Presidio Bank in San Francisco is increasing protection for its customers against security threats by offering clients a cloud-based service called Trusted Access from IronKey.
Trusted Access helps prevent identity theft, online account takeover and payments fraud, and allows Presidio 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.
“Trusted Access helps us protect our commercial clients at the point most vulnerable to malware attacks—the customer’s own PC,” Fred Bailard, executive vice president at Presidio Bank, said in a statement. “Its innovative approach to online security is highly valued in our [market], where clients are aware of online banking fraud risks and selecting financial institutions that are proactively offering the latest technology to protect their assets.”
IronKey says Trusted Access protects online banking even if a client’s computer is infected with the latest zero-day attack that would go undetected by anti-virus and other technologies. The platform provides multiple layers of security by integrating cloud-based network services and software that can be downloaded or run from a secure USB device.
“By using IronKey Trusted Access, Presidio Bank is giving its clients a secure online banking solution that is recognized by new federal guidelines as an effective means to prevent online banking fraud,” Dave Jevans, CTO and founder of IronKey, said in a statement.
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