Press release from PR Newswire
SunTrust Engages Trusteer to Increase Security for Users of Online Treasury Manager(SM)
Wednesday, November 10, 2010
Trusteer Rapport Software to Help Clients Prevent Malware Attacks
ATLANTA, Nov. 10, 2010 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) has announced that Trusteer, a leading provider of secure browsing services, is offering Trusteer Rapport as a new security solution for SunTrust clients who use Online Treasury Manager(SM). The software, which is available at no cost to clients, is part of SunTrust's ongoing commitment to help clients protect against fraud and malware attacks.
According to a recent survey conducted by the Association for Financial Professionals, 73 percent of AFP members polled said they either encountered attempted or experienced actual payments fraud. With the incidence of fraud increasing, SunTrust recommends its Online Treasury Manager clients download Trusteer Rapport, which silently protects data exchanged during web banking sessions and secures computers against Man in the Middle, Man in the Browser, and phishing attacks when using Online Treasury Manager. Trusteer Rapport also verifies that users are connecting to the legitimate SunTrust Online Treasury Manager site.
"With increasingly sophisticated malware on the public Internet, we believe it is critical for SunTrust clients using Online Treasury Manager to implement software like Trusteer Rapport," said Nick Alex, Senior Vice President, SunTrust Treasury & Payment Solutions. "We are proud to offer Trusteer Rapport's enhanced protections with Online Treasury Manager, and we encourage our clients to take advantage of these additional security benefits."
"The growing sophistication of malware and threats that target businesses and their online bank accounts requires a layered approach to security and risk management that starts in the web browser," said Mickey Boodaei, CEO of Trusteer. "Trusteer Rapport enables SunTrust clients to establish and maintain a secure web session with the SunTrust Online Treasury Manager application."
Trusteer Rapport software is easy to install and complements other SunTrust robust security features such as dual approval, dual administration and transaction limits. It also complements, but does not replace, security programs such as firewalls and anti-virus software. To learn more about Trusteer Rapport, visit trusteer.com/support. SunTrust clients may contact their Client Services Specialist.
About SunTrust Banks, Inc.
SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of September 30, 2010, SunTrust had total assets of $174.7 billion and total deposits of $120.3 billion. The Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the Company provides mortgage banking, insurance, brokerage, investment management, equipment leasing and investment banking services. SunTrust's Internet address is suntrust.com
Trusteer, the world's leading provider of secure browsing services, helps secure computers against Man in the Middle, Man in the Browser, and Phishing attacks. Trusteer is currently used by more than 70 leading financial organizations and enterprises in North America and Europe, and by more than 14 million end users to protect their online banking, shopping and other communication against sophisticated malware attacks and fraud. Trusteer's service for enterprises prevents malware from accessing enterprise network resources and sensitive information through SSL - VPN connections and unmanaged devices. Trusteer is a privately held corporation led by former executives from RSA Security, Imperva, and Juniper. Follow us on www.Twitter.com/Trusteer. For more information about our products and services, please visit www.trusteer.com.
SOURCE SunTrust Banks, Inc.
For further information: Hugh Suhr, SunTrust Banks, Inc., +1-404-827-6813