Online banking IP Network Security

ACAP Security providing IP pipeline security for online banking

Online banking is a very security-critical segment of many financial services institutions. While customers are seeking more services and more user-friendly interfaces at their online banking webpage, financial institutions are seeking more security and cost effective solutions to online threats and risks.

Financial institutions save money through the customer’s use of online banking but only if they can maintain control of fraud and costs. As online fraud grows in frequency and sophistication financial institutions are seeking more security and better cost effective solutions to online threats and risks. These new security threats are serious and real. Every day millions of Internet users receive requests to update, or to fix, their Bank of America account password, or their Washington Mutual or Washington State Credit Union password, or their account information at some other online bank or credit union. Many Internet users do not fall for this trick, but to their detriment some do. The result is fraud losses and a continuing decrease in the “trust” which online consumer’s place in the online services of financial institutions.

To meet these online service needs, many financial institutions are transitioning to multi-factor authentication solutions. There are a number of both hardware and software solutions which provide improved authentication and access control of the online banking customer. But these solutions do not necessarily provide elimination of the man-in-the-middle attack and the substitution phishing attacks which are one of the major sources of fraud losses and customer distrust in the online banking industry. Nor are many of the solutions truly cost effective solutions.

ACAP Security understands that without adequate access control and protection, a financial institution’s online banking service, and even their total customer data base, and customer’s depository accounts are susceptible to compromise.

That's why ACAP Security is the first and only vendor to offer a complete, highly secure endpoint to endpoint, fully compliant, secure bi-directional authentication pipeline solution based on the most advanced ppn Technology™ with AES 1024 encryption, frequent automated re-keying and many more superior features. Also available, as required, are supplemental security features which include antivirus, host intrusion prevention, device control, policy enforcement, remediation, and control over unmanaged endpoints.

Receive more effective online banking customer security, with lower risks, at less cost- For more information, please visit our website at: www.acapsecurity.com/20603

You are also invited to view our webcast to learn more about ACAP Online Banking Security Solutions at: www.acapsecurity.com/20604