BankVault 3.0 Released; Now Offering 3-Factor Authentication and Protection Against Banking Trojans

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New virtual machine technology addresses vulnerabilities to Trojans with the endpoint PC, making all online transactions secure, anonymous and untraceable.

protects against hacking


“Our security model stems from a simple premise,” says CEO Graeme Speak, “You can’t hack something that doesn’t exist.”

BankVault today announced the worldwide release of version 3.0 of its flagship product: BankVault. In addition to performance and design enhancements, the new version of BankVault comes with patent pending 3-Factor authentication linking its use to a single PC. This next-level method of authentication relies on a patent-pending hardware-profiling algorithm that makes BankVault even more impervious to hacking by bankingTrojans and other malicious programs.

BankVault provides businesses with best-in-class protection against cyber crime’s fastest growing problem: business bank account hacking via malware like banking Trojans and key loggers. Its power lies in how it allows users to conduct web browser-based transactions while completely bypassing the user’s potentially-infected PC, thus providing would-be hackers no place to install ransom ware, Trojans, key loggers or any other malware.

“BankVault does something that no other security service or software can do,” says company founder and CEO, Graeme Speak. “It eliminates the need to use a fully-booted PC to conduct banking transactions online. This cuts the Gordian knot of PC security – the weak, ever-porous endpoint PC. Adding this new form of 3-Factor authentication, makes it practically impossible to compromise. A hacker would literally need to have the PC, its BankVault key and login information in his physical possession. And even if he managed that he would login and be presented with a brand-new virtual machine containing no history.”

This, just-released version of BankVault is:

Secure – BankVault’s authentication goes above and beyond 2-factor authentication. Its patent-pending software creates a sophisticated, multi-factored hardware profile that limits the account to a single PC. BankVault then connects the user to the secure BankVault cloud.

Anonymous – Once in the cloud, BankVault’s technology creates a brand-new, fully-functional virtual PC machine containing an easy to use desktop complete with web browser. This virtual machine sits on a randomized, ever-changing IP address that is virtually impossible to detect or associate with a specific account.

Untraceable - Using the virtual machine’s Firefox or Chrome browser, the BankVault customer conducts their web-based transactions. Then, after the user logs out, this virtual machine is then deleted, leaving no history and nothing for a would-be hacker to attack.

“Our security model stems from a simple premise,” says CEO Graeme Speak, “You can’t hack something that doesn’t exist.”

BankVault is now providing US and Australian escrow companies, real estate brokers, financial advisors and many other types of businesses with peace-of-mind protection against business-ending bank account thefts. To learn how this new version of BankVault could protect your business, please visit:


Headquartered in Perth, Australia and recognized by Rackspace’s chief technology evangelist Robert Scoble as ‘unique and cutting edge,’ BankVault provides businesses of all sizes protection against business bank account hacking. BankVault protects businesses against endpoint hacking through a novel, patent-pending approach that bypasses the endpoint PC operating system: thereby depriving key loggers, malvertising, Trojans and other types of malware a medium through which to levy their attacks. Instead of booting up the potentially compromised PC, BankVault builds a temporary endpoint and pathway across the internet which is invisible and out of reach to hackers, where a brand-new virtual machine is created for the session. This virtual machine comes with a web browser though which the user conducts his/her banking and other web-based activity. This protected, anonymous, untraceable virtual machine is then deleted when the session ends, leaving the user effectively invisible and unreachable by hackers. “You can’t hack something that doesn’t exist.” BankVault is now being sold to businesses in Australia and the United States.

For media or partnership enquiries
BankVault USA,
(415) 762 4559

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