Fort Lauderdale, FL (PRWEB) April 4, 2011
Easy Solutions Inc., the leading security vendor specializing in fraud prevention, releases a white paper highlighting two technologies that will help financial institutions to meet the updated Federal Financial Institutions Examination Council (FFIEC) authentication guidelines. The document describes how the solutions will not only help with regulatory compliance but also how they will go beyond traditional multi-factor authentication in order to prevent account takeovers.
The new regulatory oversight of the FFIEC plans to put greater responsibility on the banks and credit unions in order to prevent ever-increasing cases of online fraud. Easy Solutions Detect Monitoring Services (DMS) and Detect Safe Browsing (DSB) are two state-of-the-art tools designed to help financial institutions comply with the updated security requirements and can detect fraud before it happens.
DMS provides 24/7 monitoring in real-time to rapidly identify, shut down and recover from phishing and online scams that mislead customers through fraudulent use of corporate identities. The service safeguards all online entities of a protected financial institution.
DSB is a powerful yet simple application that protects end users from modalities of online banking fraud, such as phishing or pharming where antivirus and spyware removal software are not effective. The tool notifies both the financial institution and end user when a computer is infected and warns against performing an online transaction.
“Easy Solutions is not only working to protect financial institutions but also to protect their customers. We have created products that go beyond multi-factor authentication to address evolving threats such as fraudulent websites and financially motivated malware,” explains David Sylvester, Easy Solutions Business Development Manager for North America.
The white paper includes an analysis of the growing issue of sophisticated, organized phishing and malware attacks targeting end user accounts.
The complete white paper can be found at:
To learn more about Phishing, Pharming and other online banking threats as well as how to best protect yourself and your business, please visit: http://www.easysol.net/
ABOUT EASY SOLUTIONS:
Established in 2002 with headquarters in Sunrise, Florida, Easy Solutions is the only security provider focused exclusively on fraud prevention. Easy Solutions provides anti-Phishing and anti-Pharming services and research, multi-factor authentication and anomaly transaction detection.
Easy Solutions delivers a comprehensive and proactive approach to fraud prevention and works in alliance with industry leaders in other security disciplines supporting a wide range of heterogeneous platforms.
Business Development Manager
Easy Solutions, Inc.
Tel. +1 (206) 452 5613
Easy Solutions, Inc.
1401 Sawgrass Corporate Parkway, Sunrise, FL 33323
2205 32nd Ave W, Seattle, WA 98199
Cra 13A No. 98 – 21 Of. 401 Bogota, Colombia
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