TAG | TrustDefender and BCU credit union in “Australian first” for banking transaction security |
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| by Alex Zaharov-Reutt | |
| Thursday, 26 June 2008 | |
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Page 2 of 2 TrustDefender’s explanation in press release of its security process is as follows:“This security health check can identify any unknown crimeware that may exist on the consumer’s machine which has not otherwise been identified by their firewall or antivirus software, and does this before the consumer logs into any online website and enters his / her password, security token keys and other ID protocol. “TrustDefender also applies specific security policies and rules - set by the financial institution - prior to login, thereby ensuring that any online transactions the consumer conducts won’t fall prey to an online fraudster or identity thieves… and the consumer has peace of mind that their confidential information is secure before and during the period of their transaction.” BCU’s CEO Roy Battle expects TrustDefender to be a lure to get customers to switch banking providers, saying: “We’ve always provided free internet banking, so this is just another reason for people to switch to BCU. By providing the TrustDefender security solution to our customers free of charge, we are not only leading the way as a credit union, we’re also offering our customers protection from online fraud and identify theft.” Battle continued: “We feel sure that this will lead to an increase in the use of internet banking by our customers who will be able to enjoy the convenience of anywhere, anytime management of their finances, with the peace of mind that they are doing the most they can to protect their money and identity,” Mr Battle concluded. The version of TrustDefender being offered free to BCU customers will protect those customers when transacting (doing their online banking) with the BCU credit union. However a “Gold Edition” of TrustDefender will also be offered for sale to BCU customers via its website or TrustDefender’s website which will allow consumers to check the authenticity of websites they access or requiring the same level of protection for other online transactions, such as with other financial institutions, or making credit card payments over the Internet. A 21-day trial of TrustDefender is available from its website to download for PCs running Windows 95 through to Windows XP and Vista, with a Mac version and versions for various smartphones under development.
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