TrustDefender's new trio of transactional security products takes-off!

Alex Zaharov-Reutt
Thursday, 31 March 2011 14:37

Business IT - Security

Australian security software titan, TrustDefender, has launched a new version 3.0 of its flagship TrustDefender Pro technology, a new 'Central Intelligence Server' and TrustDefender Zero, a new fraud risk management solution all designed to 'reduce the risk of online fraud' targeting the growing expansion of mobile devices used for online transactions.

TrustDefender is an Australian security firm that is restoring trust to Internet transactions and giving companies new visibility into the health of end-user computing devices connecting to their networks.

TrustDefender says that letting companies know when malware-infected computers or Smartphones and mobile devices such as iPads are trying to connect and giving those companies the ability to deal with the threats in real-time before any data is transacted, not only enhances network security, but lets companies apply risk-policies and make decisions over how the transaction proceeds, or whether it proceeds at all - again, in real time.

Although we have seen TrustDefender provide a secure online transaction security product for three years to financial institutions, TrustDefender just launched its new TrustDefender Pro or 'TDpro' product which has an enhanced user interface and includes a built-in 'fixit' guide capability to enable users to self help in solving security problems.

TrustDefender Pro is available for PCs in a new version 3.0, and for Mac users, a new version 1.1. TrustDefender has also launched 'TrustDefender Zero', or 'TDz' as the company has dubbed it. TDz is part of the company's newly launched 'fraud risk management suite' with the company describing it as 'the world's first combination of tagless device and page fingerprinting techniques without the need to download software on the end user device'.

Indeed, TrustDefender states that TDz lets companies 'instantly detect if a customer's personal details have been stolen and are being used'.

TrustDefender says that TDz will 'also instantly detect if an organisation's customers are being targeted by threats on their device', and that it is the 'first organisation globally to provide businesses with this complete offering.'

Because TDz uses 'tagless dvice and page fingerprinting techniques', the company says the technology is completely transparent to the customer and  is able to operate across any type of device, be it a iPhone, Android, other smartphone, iPad, tablet, Kindle, games console, desktop, laptop or even Internet-enabled set-top boxes, and discover whether that device is infected by malware, and what type of malware it is infected by.

Tying the two products together is an enterprise server called the TrustDefender Central Intelligence Server or 'TCIS'. Both TDpro and TDz communicate with the TCIS, which is hosted at the enterprise or is delivered as a managed service or via the cloud, and gives enterprises what TrustDefender calls an 'instant decisioning' capability, enabling TrustDefender's customers to 'stop online attacks and fraudulent activity passively as well as actively before they occur.'  

The company says the products work seamlessly with existing Internet security products and two-factor authentication schemes, actually augmenting their capabilities - especially in the case of multi-factor authentication schemes that are seeing the latest increasingly sophisticated malware programs hijacking authenticated sessions and continuing their cybercrime sprees unabated.

Designed to be 'proactive detection technology' that 'enables online business to reduce the cost relating to online fraud  in banks, governments, the health sector, cloud application providers, e-commerce providers and any merchant operating online', TrustDefender's technology was developed to fills the gaps that see traditional online defences fail.

With a growing range of credit unions in Australia already using the technology, and with some major financial players in Europe due to start deploying TrustDefender soon, the Australian company has clearly catapulted itself onto the world scene.

Ted Egan, the CEO and co-founder of TrustDefender said: 'With the changing dynamic and sophistication of criminal activity in recent years, all online channels and online transactions are increasingly at risk from fraudulent activity.

'This coupled with recent Advanced Persistent Threats (APT) involving clandestine breaches of major organisations, from banks, to Government, to retail operators and in corporate sector such as the mining industry, this highlights the need to harden the defences of all organisations transacting online with customers. We believe our integrated security and fraud risk management suite combining TDpro, TDz and TCIS will enable those organisations and our customers to continue to operate more efficiently in a safer environment.  Without it they're opening themselves up to an increased threat", concluded Mr Egan.

The journey of trust continues on page two, please read on!