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Follow on Google News | Credit Unions and Community Banks having difficulty meeting FFIEC requirementsnProtect offers Credit Unions and Community Banks Special Pricing for Internet Banking Security Solutions to help meet FFIEC Requirements
By: nProtect, Inc. 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 is offering smaller financial institutions with a 50% discount for up to 5,000 internet banking users. (For banks with over 5,000 users, minimum pricing is required to run the service.) nProtect Online Security protects internet banking users from financial malwares, phishing, DNS changing (pharming), keyloggers, Man-in-the-Middle/ nProtect Online Security (NOS) software service includes: -24/7 Help desk to support online banking customers -Direct management and operation of NOS -nProtect software updates without additional cost -Security consulting for NOS service -Set-up fee waived -CDN (Contents Delivery Network)/Server hosting fee waived -Monthly security reports -Supports Windows, Mac, and mobile devices (iOS, Android) This offer will last through the end of August 2013. For more information, please contact nProtect Inc. Tel: 408-477-1742 Email: sales@nProtect.com www.nProtect.com About nProtect, Inc. Founded in January 2000, nProtect, also known as INCA Internet, is headquartered in San Jose, California and provides online and mobile banking/payment security to financial institutions. Over 100 million endpoint users from more than 1,000 organizations rely on nProtect’s online security solutions to secure their computer and mobile devices against malware, phishing, and number of other security threats while meeting regulatory compliance requirements such as FFIEC Guidance. Global financial institutions such as Bank of America, Deutsche Bank, ING, and HSBC trust and use nProtect security solution. nProtect was awarded one of the Fastest Growing Companies by Deloitte. End
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