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BNC National Bank taps IronKey for online banking security

Tuesday 27 March 2012 15:38 CET | News

BNC National Bank has entered a partnership with US-based portable computing services provider IronKey to protect its customers with the latter’s online banking security service.

The bank will provide the IronKey Trusted Access service to its commercial cash management customers, enabling secure access to the BNC online banking website and protecting clients at the point most vulnerable to malwar, their own PCs.

Trusted Access provides a web browser protected in a virtualized, read-only environment designed to protect online banking sessions from known and unknown crime ware. Trusted Access is set to protect online banking sessions against various attacks, including man-in-browser attack, keylogging, network monitoring and DNS tampering.

The Anti-Phishing Working Group (APWG) estimates that 39 percent of all computers are infected with crimeware designed to steal personal and account information. According to a research from SpyEye Tracker, todays anti-malware software fails to detect these kinds of threats at least 75 percent of the time. The FFIEC has found that these attacks compromise virtually all forms of authentication. As a result, online account take overs are growing at a rate of 150 percent each year based upon research published by the Financial Service Information Sharing and Analyst Center (FS-ISAC).


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Keywords: BNC National Bank, IronKey, online banking security
Categories: Fraud & Financial Crime
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Countries: World
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Fraud & Financial Crime






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