nProtect Promotion to Smaller Financial Institutions, Credit Unions and Community Banks to Meet FFIEC Requirements
San Jose, CA, Sep 16, 2013 (PRWeb.com via COMTEX) --
The number of online banking fraud is continually increasing every year. One of the key reasons is due to the easy availability of sophisticated financial hacking tools on the internet. Latest versions of financial malwares such as Zeus, SpyEye, Gozi, Perkele and many more are being sold at an affordable price at the underground markets. These sophisticated malwares are developed specifically to target online banking users and to steal their financial data.
The Federal Financial Institutions Examination Council (FFIEC), a government agency that oversees regulations and standards among financial institutions, has released a Supplemental Guidance on Internet Banking to assist financial institutions, to create a safer internet banking environment. Financial institutions that do not follow these strict guidelines could face severe penalty as was the case in a number of recent court cases where banks were held responsible for all the financial damages occurring from internet banking frauds.
While larger financial institutions have solutions in place to meet compliance requirements, many credit unions and community banks are having difficulty implementing proper security solutions to comply with the FFIEC guidance and protect internet banking users from cyber threats. Most banks report lack of budget and proper infrastructure as the main reason for failing to have a solid security solution in place. Lack of resources and budget should not prevent financial institutions from providing their customers with secure internet banking environment.
nProtect is committed to providing financial institutions of all sizes with the best online banking security and service to meet FFIEC standards and protect users from online threats. nProtect Online Security(NOS) is a total online solution that protects online banking users from financial malwares, phishing, pharming, keyloggers, code injections and screen grabbers with its 6 different layers of security. This multi-layered security solution protects the user's computer on all levels, from the kernel level up to the application level.
During this promotion, nProtect is offering smaller financial institutions with a 50% discount. Financial institutions with online banking users of 5,000 or less can benefit from this promotion. (For financial institutions with over 5,000 users, please contact us for additional details) This offer will last until December 31st, 2013.
Read the full story at http://www.prweb.com/releases/2013/9/prweb11129555.htm
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