Trusteer Takes Top Honor at 2010 SC Awards, Europe

Rappport Heralded as Leading Solution for Securing Browser Communication from Keyboard to Website



LONDON--(BUSINESS WIRE)--Trusteer, the market’s leading provider of secure browsing services, today announced that it has been named “Best Secure Transactions Solution” in the 2010 SC Awards Europe competition. Trusteer took top honors for Rapport, a lightweight browser solution supported by 24x7 security analysis and reporting services

“For more than 30 years, SC Magazine has held one of the most prestigious and coveted awards in the European information security industry. These awards honor professionals working to secure enterprises and the vendor and channel communities that deliver the most innovative security technologies. For 2010, the judges have declared that Rapport is the best of the best when it comes to securing transactions.

“As the volume and frequency of online transactions continues to grow – unfortunately – so does the sophistication of malware designed to disrupt these transactions,” said Mickey Boodaei, CEO of Trusteer. “Rapport goes above and beyond what traditional security products can accomplish. Unlike solutions which rely on strong authentication, transaction verification and transaction monitoring, Rapport actually protects the data itself – securing Web sessions from start to finish. We’re honored that the industry experts at SC Magazine have chosen to recognize Trusteer for our vision and market leadership.”



Rapport is specifically designed to block financial malware on a machine from hijacking Web browser sessions and transactions, stealing sensitive data such as account credentials and using them to commit online fraud. It creates a vault around data entered and presented in the browser, maintains a tunnel for safe communication with the destination Web site and prevents redirection to look-alike Web sites. The end result for website users is a dramatic reduction in fraud and improved confidence in Web banking, while Rapport provides comprehensive fraud fighting intelligence to financial institutions.



Rapport includes a lightweight browser security solution and cloud-based analysis and reporting services. It is offered for download by online businesses such as banks and also to individuals via Trusteer’s Web site. The solution can be installed in-flow when a customer visits the online business Web site. This one-time process takes only a few seconds.



Award winners were notified at a special ceremony hosted by SC Magazine on Tuesday, April 27 at the Wyndham Grand London, Chelsea Harbour. For more information on the awards and ceremony, please visit http://www.scawardseurope.com/homepage.html



About SC Magazine



SC Magazine provides IT security professionals with in-depth and unbiased information through timely news, comprehensive analysis, cutting-edge features, contributions from thought leaders and the best, most extensive collection of product reviews in the business. By offering a consolidated view of IT security through independent product tests and well-researched editorial content that provides the contextual backdrop for how these IT security tools will address larger demands put on businesses today, SC Magazine enables IT security pros to make the right security decisions for their companies. The brand’s portfolio includes the SC Awards, SC Directory, SC Magazine Newswire and SC Magazine IT Security Executives Forums.



About Trusteer



Trusteer, the world’s leading provider of secure browsing services, helps prevent financial malware attacks through its Rapport and Flashlight services. Trusteer Rapport enables online businesses to secure communications with their customers and employees over the Internet and protect data against malware and fraudulent websites. It locks down the browser to secure browser communication and prevents zero-day malware and phishing attacks. Trusteer Flashlight allows organizations to remotely, effectively, and instantly investigate malware-related fraud incidents. Trusteer’s solutions are used by more than 60 leading financial organizations in North America and Europe and by more than 6 million end-users. Trusteer is a privately held corporation led by former executives from RSA Security, Imperva, and Juniper. For more information visit www.trusteer.com.

Trusteer Takes Top Honor at 2010 SC Awards, Europe

Rappport Heralded as Leading Solution for Securing Browser Communication from Keyboard to Website



LONDON--(BUSINESS WIRE)--Trusteer, the market’s leading provider of secure browsing services, today announced that it has been named “Best Secure Transactions Solution” in the 2010 SC Awards Europe competition. Trusteer took top honors for Rapport, a lightweight browser solution supported by 24x7 security analysis and reporting services

“For more than 30 years, SC Magazine has held one of the most prestigious and coveted awards in the European information security industry. These awards honor professionals working to secure enterprises and the vendor and channel communities that deliver the most innovative security technologies. For 2010, the judges have declared that Rapport is the best of the best when it comes to securing transactions.

“As the volume and frequency of online transactions continues to grow – unfortunately – so does the sophistication of malware designed to disrupt these transactions,” said Mickey Boodaei, CEO of Trusteer. “Rapport goes above and beyond what traditional security products can accomplish. Unlike solutions which rely on strong authentication, transaction verification and transaction monitoring, Rapport actually protects the data itself – securing Web sessions from start to finish. We’re honored that the industry experts at SC Magazine have chosen to recognize Trusteer for our vision and market leadership.”



Rapport is specifically designed to block financial malware on a machine from hijacking Web browser sessions and transactions, stealing sensitive data such as account credentials and using them to commit online fraud. It creates a vault around data entered and presented in the browser, maintains a tunnel for safe communication with the destination Web site and prevents redirection to look-alike Web sites. The end result for website users is a dramatic reduction in fraud and improved confidence in Web banking, while Rapport provides comprehensive fraud fighting intelligence to financial institutions.



Rapport includes a lightweight browser security solution and cloud-based analysis and reporting services. It is offered for download by online businesses such as banks and also to individuals via Trusteer’s Web site. The solution can be installed in-flow when a customer visits the online business Web site. This one-time process takes only a few seconds.



Award winners were notified at a special ceremony hosted by SC Magazine on Tuesday, April 27 at the Wyndham Grand London, Chelsea Harbour. For more information on the awards and ceremony, please visit http://www.scawardseurope.com/homepage.html



About SC Magazine



SC Magazine provides IT security professionals with in-depth and unbiased information through timely news, comprehensive analysis, cutting-edge features, contributions from thought leaders and the best, most extensive collection of product reviews in the business. By offering a consolidated view of IT security through independent product tests and well-researched editorial content that provides the contextual backdrop for how these IT security tools will address larger demands put on businesses today, SC Magazine enables IT security pros to make the right security decisions for their companies. The brand’s portfolio includes the SC Awards, SC Directory, SC Magazine Newswire and SC Magazine IT Security Executives Forums.



About Trusteer



Trusteer, the world’s leading provider of secure browsing services, helps prevent financial malware attacks through its Rapport and Flashlight services. Trusteer Rapport enables online businesses to secure communications with their customers and employees over the Internet and protect data against malware and fraudulent websites. It locks down the browser to secure browser communication and prevents zero-day malware and phishing attacks. Trusteer Flashlight allows organizations to remotely, effectively, and instantly investigate malware-related fraud incidents. Trusteer’s solutions are used by more than 60 leading financial organizations in North America and Europe and by more than 6 million end-users. Trusteer is a privately held corporation led by former executives from RSA Security, Imperva, and Juniper. For more information visit www.trusteer.com.

Zeus Trojan Threatens Online Banking

Trojan threatens online banking - bcs

A security firm is warning that a powerful new version of the Zeus Trojan is likely to lead to a significant rise in fraud losses.



Trusteer, who provide security services to many online banks, have warned that Zeus variants can now penetrate even strong layers of protection by using HTML injection and transaction tampering.



The increased sophistication of the Trojan means that it can now bypass the previously effective security built into Firefox, which is used by about 30 per cent of online banking customers.



The company has advised banks to make sure that their detection and mitigation methods are up to speed and warned users to check that that their anti-virus and operating systems are up to date.

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Zeus Trojan Threatens Online Banking

Trojan threatens online banking - bcs

A security firm is warning that a powerful new version of the Zeus Trojan is likely to lead to a significant rise in fraud losses.



Trusteer, who provide security services to many online banks, have warned that Zeus variants can now penetrate even strong layers of protection by using HTML injection and transaction tampering.



The increased sophistication of the Trojan means that it can now bypass the previously effective security built into Firefox, which is used by about 30 per cent of online banking customers.



The company has advised banks to make sure that their detection and mitigation methods are up to speed and warned users to check that that their anti-virus and operating systems are up to date.

Related articles by Zemanta

• Banking virus is back warns firm (news.bbc.co.uk)


• Trusteer Says 73% of Online Banking Customers Stupid (pindebit.blogspot.com)


• Almost 50% of Computers Are Infected with Malware - Report (pindebit.blogspot.com)


• Poor password behaviour beating banking security (v3.co.uk)

Trusteer Detects Rapid Spread of New Polymorphic Version of Zeus Online Banking Trojan

Completely Redesigned Malware Now Targets Firefox Browsers and has Already Infected One in Every 3,000 Computers

NEW YORK--(BUSINESS WIRE)--Trusteer, the leading provider of secure browsing services, today announced that a completely new version of the Zeus (Zbot) password stealing Trojan that targets online banking users has already been detected by the Trusteer Rapport service on one in every 3,000 computers it monitors.



This is an unprecedented rate of distribution for new financial malware code. Version 1.4 of Zeus, also known as version 2, now targets Firefox as well as Internet Explorer browsers and uses advanced polymorphic techniques to avoid antivirus detection.

“We expect this new version of Zeus to significantly increase fraud losses, since nearly 30 percent of internet users bank online with Firefox and the infection rate for this piece of malware is growing faster than we have ever seen before”

Trusteer used its Flashlight remote fraud investigation and mitigation service to link Zeus 1.4 with fraud committed against both commercial and consumer banking customers in North America and the United Kingdom. Flashlight was able to collect new Zeus configurations and code samples from infected computers. This new version of Zeus is completely different than versions 1.2 and 1.3.

The Internet’s Leading Banking Trojan

Zeus is considered the most trusted and robust malware platform for online banking fraud, and has been licensed by numerous criminal organizations to launch targeted attacks against a specific bank's customers. he new version of Zeus targets the growing population of Firefox users, in addition to Internet Explorer. Previous versions were incapable of exploiting Firefox to commit sophisticated online fraud against banks using strong layers of authentication. However, Zeus 1.4 supports HTML injection and transaction tampering for Firefox, two techniques which are effectively used to bypass strong authentication and transaction signing solutions.

“We expect this new version of Zeus to significantly increase fraud losses, since nearly 30 percent of internet users bank online with Firefox and the infection rate for this piece of malware is growing faster than we have ever seen before,” said Amit Klein, CTO of Trusteer and head of the company’s research organization. “Fortunately, the Trusteer Flashlight and Rapport services have enabled us to detect the rapid distribution of Zeus 1.4 early and alert financial institutions. We are recommending they maintain a layered approach to malware blocking and make sure they have the proper detection, investigation, mitigation, and response tools in place.”

Poor Antivirus Detection Rates

Zeus, which is also known as Zbot, WSNPOEM, NTOS and PRG, is the most prevalent financial malware on the Internet today. It infects PCs, waits for the user to log onto a list of targeted banks and financial institutions, and then steals their credentials which are sent to a remote server in real time. It can also modify, in a user’s browser, the genuine web pages from a bank’s web servers to ask for personal information such as payment card number and PIN, one time passwords, etc.

Antivirus detection of Zeus has a poor track record. In a 2009 report based on information gathered from 3 million desktops in North America and the UK Trusteer found that the majority of Zeus infections occur on antivirus protected machines. Specifically, Trusteer found that among Zeus infected machines 55% had up-to-date antivirus protection installed. The population of machines infected with older versions of Zeus is enormous -- one in every 100 computers according to Trusteer research. Zeus 1.4 was specifically crafted to avoid antivirus detection and uses advanced polymorphic techniques, which make antivirus technologies completely blind to it.

About Trusteer

Trusteer, the world’s leading provider of secure browsing services, helps prevent financial malware attacks through its Rapport and Flashlight services. Trusteer Rapport enables online businesses to secure communications with their customers and employees over the Internet and protect data against malware and fraudulent websites. It locks down the browser to secure browser communication and prevents zero-day malware and phishing attacks. Trusteer Flashlight allows organizations to remotely, effectively, and instantly investigate malware-related fraud incidents. Trusteer’s solutions are used by more than 50 leading financial organizations in North America and Europe and by more than 6 million end-users. Trusteer is a privately held corporation led by former executives from RSA Security, Imperva, and Juniper. For more information visit www.trusteer.com.

Contacts

North America:

Marc Gendron PR

Marc Gendron, 781-237-0341

marc@mgpr.net

or

United Kingdon:

Eskenzi PR Ltd.

Neil Stinchcombe, +44 20 71 832 833

neil@eskenzipr.com

Permalink: http://www.businesswire.com/news/home/20100421005587/en/Trusteer-Detects-Rapid-Spread-Polymorphic-Version-Zeus

Trusteer Detects Rapid Spread of New Polymorphic Version of Zeus Online Banking Trojan

Completely Redesigned Malware Now Targets Firefox Browsers and has Already Infected One in Every 3,000 Computers

NEW YORK--(BUSINESS WIRE)--Trusteer, the leading provider of secure browsing services, today announced that a completely new version of the Zeus (Zbot) password stealing Trojan that targets online banking users has already been detected by the Trusteer Rapport service on one in every 3,000 computers it monitors.



This is an unprecedented rate of distribution for new financial malware code. Version 1.4 of Zeus, also known as version 2, now targets Firefox as well as Internet Explorer browsers and uses advanced polymorphic techniques to avoid antivirus detection.

“We expect this new version of Zeus to significantly increase fraud losses, since nearly 30 percent of internet users bank online with Firefox and the infection rate for this piece of malware is growing faster than we have ever seen before”

Trusteer used its Flashlight remote fraud investigation and mitigation service to link Zeus 1.4 with fraud committed against both commercial and consumer banking customers in North America and the United Kingdom. Flashlight was able to collect new Zeus configurations and code samples from infected computers. This new version of Zeus is completely different than versions 1.2 and 1.3.

The Internet’s Leading Banking Trojan

Zeus is considered the most trusted and robust malware platform for online banking fraud, and has been licensed by numerous criminal organizations to launch targeted attacks against a specific bank's customers. he new version of Zeus targets the growing population of Firefox users, in addition to Internet Explorer. Previous versions were incapable of exploiting Firefox to commit sophisticated online fraud against banks using strong layers of authentication. However, Zeus 1.4 supports HTML injection and transaction tampering for Firefox, two techniques which are effectively used to bypass strong authentication and transaction signing solutions.

“We expect this new version of Zeus to significantly increase fraud losses, since nearly 30 percent of internet users bank online with Firefox and the infection rate for this piece of malware is growing faster than we have ever seen before,” said Amit Klein, CTO of Trusteer and head of the company’s research organization. “Fortunately, the Trusteer Flashlight and Rapport services have enabled us to detect the rapid distribution of Zeus 1.4 early and alert financial institutions. We are recommending they maintain a layered approach to malware blocking and make sure they have the proper detection, investigation, mitigation, and response tools in place.”

Poor Antivirus Detection Rates

Zeus, which is also known as Zbot, WSNPOEM, NTOS and PRG, is the most prevalent financial malware on the Internet today. It infects PCs, waits for the user to log onto a list of targeted banks and financial institutions, and then steals their credentials which are sent to a remote server in real time. It can also modify, in a user’s browser, the genuine web pages from a bank’s web servers to ask for personal information such as payment card number and PIN, one time passwords, etc.

Antivirus detection of Zeus has a poor track record. In a 2009 report based on information gathered from 3 million desktops in North America and the UK Trusteer found that the majority of Zeus infections occur on antivirus protected machines. Specifically, Trusteer found that among Zeus infected machines 55% had up-to-date antivirus protection installed. The population of machines infected with older versions of Zeus is enormous -- one in every 100 computers according to Trusteer research. Zeus 1.4 was specifically crafted to avoid antivirus detection and uses advanced polymorphic techniques, which make antivirus technologies completely blind to it.

About Trusteer

Trusteer, the world’s leading provider of secure browsing services, helps prevent financial malware attacks through its Rapport and Flashlight services. Trusteer Rapport enables online businesses to secure communications with their customers and employees over the Internet and protect data against malware and fraudulent websites. It locks down the browser to secure browser communication and prevents zero-day malware and phishing attacks. Trusteer Flashlight allows organizations to remotely, effectively, and instantly investigate malware-related fraud incidents. Trusteer’s solutions are used by more than 50 leading financial organizations in North America and Europe and by more than 6 million end-users. Trusteer is a privately held corporation led by former executives from RSA Security, Imperva, and Juniper. For more information visit www.trusteer.com.

Contacts

North America:

Marc Gendron PR

Marc Gendron, 781-237-0341

marc@mgpr.net

or

United Kingdon:

Eskenzi PR Ltd.

Neil Stinchcombe, +44 20 71 832 833

neil@eskenzipr.com

Permalink: http://www.businesswire.com/news/home/20100421005587/en/Trusteer-Detects-Rapid-Spread-Polymorphic-Version-Zeus