Trusteer, the leading provider of endpoint cybercrime prevention solutions, today announced that State Bank and Trust Company has experienced zero incidents of account takeover fraud since it deployed Trusteer Pinpoint and Trusteer Rapport for Online Banking to protect its commercial and retail customers from financial malware. State Bank and Trust selected Trusteer because it provides 100 percent coverage against financial fraud, automatically removes malware infections on customer devices and provides layered endpoint protection specified by the FFIEC Supplemental Guidance on Internet Banking Authentication.  

 State Bank & Trust has 35 banking locations throughout Mississippi, Louisiana, and Alabama with total assets of nearly $1Billion. It uses Internet banking technology from Jack Henry Banking for its online applications.

 “We wanted to protect our commercial and retail online banking customers from account takeover fraud and comply with the new FFIEC online banking security guidelines,” said Kent Savage, CIO for State Bank and Trust Company.

“After evaluating several vendors, we selected and implemented Trusteer for its ease of deployment, transparency to end users and the fact that it did not create any additional work for our IT staff,” he added.

“Trusteer Rapport is currently being offered to our clients to prevent malware from infecting their computers and compromising their browsers. Meanwhile, Trusteer Pinpoint protects customers by detecting the presence of malware on all computers, even if Trusteer Rapport is not installed,  before they login to the online banking application. This provides us with 100 percent coverage against malware-driven fraud. If malware is found, they are asked to download Trusteer Rapport to remove the malware and protect their online banking session. ”

Trusteer Rapport and Trusteer Pinpoint

These integrated and complementary products create the following protection layers for State Bank and Trust:

·         Trusteer Pinpoint provides clientless detection of fraudulent activity, identifying malware infected web sessions.

·         Trusteer Rapport prevents financial malware from infecting PC and Mac computers, secures the browser against tampering and data theft, and provides automated remediation

·         Trusteer gathers specific intelligence on attacks targeting the bank through Trusteer Pinpoint and Trusteer Rapport, and uses this data to block future fraud attempts

“Financial institutions of all sizes, whether they are regionally-focused like State Bank and Trust or, larger national brands, face similar threats when it comes to online banking,” said Yishay Yovel, vice president of marketing for Trusteer. “Trusteer enables any size institution to prevent account takeover fraud and meet the new FFIEC Guidelines with a unified fraud prevention solution that is simple to deploy and requires virtually no maintenance by the bank or the end user.”

About Trusteer

Boston-based Trusteer is the leading provider of endpoint cybercrime prevention solutions that protect organizations against financial fraud and data breaches. Hundreds of organizations and millions of individuals use Trusteer to protect online banking and enterprise applications accessed using BYOD (personal and unmanaged devices) against advanced, targeted attacks. Trusteer’s Cybercrime Prevention Architecture combines multi-layer security software with real-time threat intelligence to achieve sustainable protection against malware, phishing and spear-phishing attacks and meet regulatory compliance requirements. Global organizations such as HSBC, Santander, The Royal Bank of Scotland, SunTrust and Fifth Third use Trusteer’s solutions, while  leading online banking providers such as First Data, Harland Financial Solutions, Intuit and S1 integrate with Trusteer to provide world-class protection for financial institutions of all sizes. Trusteer is on the web at www.trusteer.com

Editorial Contacts:

Trusteer

North America

Trusteer

United Kingdom

Marc Gendron

Neil Stinchcombe

Marc Gendron PR

Eskenzi PR Ltd.

(781) 237-0341

+44 20 71 832 833

This email address is being protected from spambots. You need JavaScript enabled to view it.

This email address is being protected from spambots. You need JavaScript enabled to view it.