Federally insured community bank BankAnnapolis has chosen Boston-based Trusteer’s Rapport for Online Banking system to safeguard both commercial and consumer accounts from malware and phishing attacks.
According to the technology provider, the new system protects customer endpoints and prevents stealing of login and account data from devices used to access online accounts and perform ACH transactions.
The bank is implementing the technology to comply with the new FFIEC Guidance, which assist in the deterrence of account takeover fraud and protects customers’ monetary transaction.
The system also provides visibility into infected machines and can detect and remove malware infections, enabling infected users to change their credentials.
Trusteer marketing vice president Yishay Yovel said, "Trusteer Rapport for Online Banking not only protects banking sessions when a machine is infected, but also disinfects the device and alerts the bank."
"This feedback mechanism enables institutions like BankAnnapolis to take additional steps to block attacks that are targeting their brand and customers."
Having $440m in assets, the bank delivers commercial and retail financial services through eight offices in Maryland, US.
Trusteer offers endpoint cybercrime prevention technology to organizations against financial fraud and data breaches.