FNB Tackles Cyber Crime Head-on With Prevx SafeOnline

By Prevx, PRNE
Wednesday, July 21, 2010

Leading South African Bank to Offer all Online Customers Free Browser-Based Security Software

DERBY, England, July 22, 2010 - Internet and PC security specialist Prevx has today announced that FNB,
one of South Africa's leading banks with 6.6m customers, has joined the Prevx
SafeOnline Business Partner Program. FNB will offer free browser-based
security to all Personal and Business Online Banking customers, protecting
them from the growing threat posed by cyber crime.

Prevx SafeOnline provides an extra layer of security which protects
confidential account numbers, passwords and personal information from
malicious software (malware) and phishing attacks. The software, which can
run alongside all other security products without affecting PC performance,
strengthens the internet browser and protects all login credentials including
user IDs and passwords. It also shields other personal details, such as the
information displayed and entered when accessing social networking sites such
as Facebook, Twitter and Gmail. SafeOnline significantly enhances the
security of all online transactions.

Lee-Anne van Zyl, CEO of FNB Online, commented: "Online banking is
becoming increasingly popular and, as such, it has become a target for cyber
criminals across the globe. To combat this, the global banking industry must
do two things. Firstly, we must improve security systems and choose the right
solutions to protect ourselves and our customers. Secondly, in order to
ensure cyber crime doesn't impact the popularity of online banking, we must
be able to reassure and prove to customers that they are safe to bank online.
By offering Prevx SafeOnline to our customers free of charge, they will
browse safe in the knowledge that they are not only protected at the bank's
site, but also when they are browsing the web."

Reacting to the rising level of cyber crime, FNB decided now was the time
to offer Prevx SafeOnline to all online customers. Having reviewed the
various solutions on the market, Prevx SafeOnline was chosen because it not
only offers strong protection against cyber crime but is light, fast, and
able to run alongside other security solutions which the customer may already
have installed. The software protects in three ways: it helps to ensure that
the websites the user accesses are genuine, immediately alerting them to
phishing sites or a fake FNB website; customers are also alerted if they
attempt to expose their login credentials and passwords accidentally to an
insecure website; finally, the solution protects personal information from
being stolen by malicious software such as banking Trojans like Zeus, Silon
and Yaludle, as well as rootkits and other PC infections. Where malicious
software is present on the customer's PC, SafeOnline will inform the customer
via a report detailing the infections, their severity, and the security
status of their PC. It will also suggest a number of remedial options,
including contacting their existing antivirus provider for assistance in
removing the infections and restoring their PC's security. This approach
increases the customer's overall awareness of PC security and helps them
better protect themselves from the risks and inconvenience of online fraud.

Van Zyl continued: "Many consumers are hesitant to download security
software because they worry how it will work alongside their existing
antivirus software. In addition, much of the security software on the market
can significantly slow down users' PCs, resulting in many people switching
off the software and opening themselves up to attack. Quite simply, we were
looking for a vendor that solved all of these problems. There would be little
point in us offering free internet security only for our customers to grow
frustrated and remove it after a week or so. We needed something that
protected customers without impacting them in any way. This is exactly what
we have with Prevx SafeOnline."

Mel Morris, CEO at Prevx, added: "The sheer amount of information
consumers now share, whether through social media or online banking and
email, makes them more vulnerable to malicious software and cyber crime than
ever before. With this in mind, security solutions that simply protect login
credentials and session information during online banking are no longer
adequate. Online transaction security must now include browser-based security
solutions that protects the user at all times, across all websites:
effectively hiding confidential data from cyber criminals. The war against
cyber crime will only be won if security vendors, banks, and consumers unite.
We're delighted that FNB is as committed and passionate about this battle as
we are at Prevx."

As a Prevx SafeOnline Business Partner, FNB will receive free, real-time
reports about major threats such as phishing sites and PC infections,
enabling them to better manage the risk of online fraud.

    About FNB
    FNB in numbers (South Africa)
    - Employees                                  28,510
    - Branches, agencies and mobile branches        670
    - ATMs, Retail and Mini ATMs                  5,530
    - Customers                                    6.6m

FNB in Africa

FNB has a well established and expanding network of subsidiary banks in
Zambia, Mozambique, Lesotho, Swaziland, Botswana and Namibia. The banks all
operate under the familiar sun-and-tree logo of FNB South Africa.

FNB South Africa

The bank traces its origins back to 1838 to a small bank in the Eastern
Cape. The bank took on its current structure as a division of FirstRand
Limited in 1998.

FNB provides personal, commercial and corporate banking services to more
than 6 million customers across South Africa from large corporate accounts to
accounts for teens and pensioners.

FNB is structured into clearly demarcated segments such as Consumer and
Smart. Segmentation enables focused business units to develop specialized,
innovative technologies and products to meet specific needs.

Within the segments an owner-manager culture directs decision-making in
the bank's numerous business units. Autonomy and accountability underscore
FNB's deeply ingrained entrepreneurial culture.

About Prevx

Prevx specializes in internet and PC security, leveraging the world's
largest cloud-based threat database with knowledge of more than 140 million
software applications and 40 million known malicious objects, supported by
the most powerful automated malware research operation. We target the
multiple faces of e-crime by helping customers boost malware defenses with a
layered security solution that is based on a real-time and sustainable
anti-malware model for detecting and removing security threats. Based in
Derby, UK, the company was founded in 2001 as Immunify and rebranded as Prevx
in 2005. For more information, please visit our website:
www.prevx.com.

    For further information, please contact:
    Spark Communications for Prevx
    T: +44(0)20-7436-0420
    E : lorna@sparkcomms.co.uk

For further information, please contact: Spark Communications for Prevx, T: +44(0)20-7436-0420, E : lorna at sparkcomms.co.uk

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