Santa Clara, CA (PRWEB) October 11, 2004
Bharosa, Inc. announces v.CryptÂ, an online identity protection solution that protects online user data by changing the very nature of the way users submit sensitive information over the Internet.
Bharosa v.CryptÂ users enter and submit passwords or other sensitive information using an online image that is unrecognizable in actual image form as well as data output form. The BharosaÂ-enabled web site generates a graphic of two concentric wheels representing a v.CryptÂ at the point of entry. To enter data, a user simply guides reference points on the inner wheel to password characters on the outer wheel. Reference points are selected by and known only to the user, making the image indiscernible to outsiders. Displacement of the wheel measured in degrees is subsequently sent to and decoded by the BharosaÂ-enabled server. Displacement coordinates are session-specific and unusable once the session ends.
ÂWeÂve already had an overwhelming response from banks and other financial services institutions looking to combat the growing security threat to end consumers from online identity theft,Â said Jon Fisher, CEO of Bharosa. ÂThe time for a comprehensive and immediately deployable solution is now.Â
In contrast to current anti-virus and anti-spyware applications that merely aid in removing or quarantining rogue applications, BharosaÂs v.CryptÂ solution changes the way user data is entered and interpreted. Hence, v.CryptÂ offers comprehensive protection against all forms of current and future attacks from viruses or spyware programs that are inadvertently downloaded to the consumersÂ computers. This solution makes Keylogging and Data Sniffing programs obsolete, and also prevents unauthorized Phishing including identity theft.
ÂMost successful attacks today occur prior to data submission and encryption,Â said Thomas Varghese, founder, President and CTO of Bharosa. ÂOur solution offers comprehensive protection right from the point of data entryÂbefore the user even clicks the submit button.Â
BharosaÂs v.CryptÂ is initially available as a licensed technology solution for financial services institutions, e-commerce vendors, and ISPs, and is also being offered as an ATM solution for commercial banks.
Bharosa, Inc. is a privately-held company founded in May 2003. Headquartered in Santa Clara, California, Bharosa designs, develops, and markets identity protection solutions for online applications. BharosaÂs patent-pending technology protects clientsÂ application end users against attacks by Phishers, Keyloggers, and Data Sniffers. The CompanyÂs first productÂthe Bharosa v.CryptÂÂwas launched in October 2004 and is targeted at financial services institutions, e-commerce vendors, and ISPs.
For more information about the Company, visit http://www.bharosa.com
Chief Executive Officer
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