Cyota Teams with Microsoft to Further Protect Banks and Accountholders from Online Fraud.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- --ING Direct and RBC RBC red blood cell. RBC or rbc abbr. red blood cell RBC, n See red blood cell count. RBC red blood cells; red blood (cell) count (see blood count). Financial Group Are among the Latest Institutions to Benefit from Cyota's FraudAction Service and Microsoft Relationship --Cyota's eFraudNetwork Data to Be Used by Microsoft Phishing Filter and SmartScreen(TM) Technology to Help Protect Windows Internet Explorer Microsoft's Web browser, which comes with Windows starting with Windows 98. Commonly called "IE," versions for Mac and Unix are also available. Internet Explorer is the most widely used Web browser on the market. It has also been the browser engine in AOL's Internet access software. (R) 7, MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). (R) Search Toolbar A row or column of on-screen buttons used to activate functions in the application. Many toolbars are customizable, letting you add and delete buttons as required. Toolbars may be fixed in position or may float, which means they can be dragged to a more convenient location in the , MSN Hotmail(R) and Windows Live A family of free desktop and Web-based applications from Microsoft, most of which can be accessed from a personal home page as well as a Windows Live browser toolbar. Launched in late 2005, Microsoft integrated and rebranded its Hotmail and MSN and Windows instant messaging as "Windows (TM) Mail Beta users from Confirmed Phishing Scams Cyota announced today that it is working with Microsoft Corp. to help further protect Cyota's bank clients and their accountholders from online fraud and phishing attacks. Cyota's online authentication and anti-phishing services will provide real-time information about confirmed phishing attacks to the Microsoft Phishing Filter reputation service for users of the MSN Search MSN Search was a search engine by Microsoft that comprised a search engine, index, and web crawler. As of September 12, 2006, MSN Search is now Live Search. This offers users the ability to search for specific types of information using search tabs that include Web, news, images, Toolbar and the upcoming Windows Internet Explorer 7. Microsoft's Phishing Filter helps to enable real-time browser protection by warning users and restricting access to confirmed phishing Websites. This data will also be used in Microsoft's SmartScreen(TM) technology to help protect MSN Hotmail(R) and Windows Live(TM) Mail Beta users. Over the past six years, Cyota has developed an array of authentication and anti-fraud solutions for online banking. Cyota's proven services are used today by over 50 global financial institutions including new FraudAction(TM) customers ING Direct ING Direct is a branchless direct bank with operations in Austria, Australia, Canada, France, Germany, Italy, Spain, United Kingdom and the United States. ING Direct is part of the ING Group. It offers services over the Internet, phone or by mail. and RBC Financial Group. "As a leading global online bank spanning nine countries, we needed a security provider with both world-class solutions and global capabilities - one who could uncover and shut down fraud anywhere in the world," said Martin Vonk, CIO/COO at ING Direct. "We selected Cyota because its eFraudNetwork enables us to leverage the collective fraud insight and diligence of so many global banks, while its strategic partnerships with Microsoft and other technology partners will help protect our customers with additional layers of security at the browser level." All of Cyota's solutions are supported by Cyota's eFraudNetwork, a cross-bank, shared fraudster fraudster Noun a person who commits a fraud; swindler database with over 50 large member banks and thousands of smaller ones, as well as leading ISPs and technology partners. Upon confirmation of a fraudulent transaction or site, the details are sent - with the bank's approval - to Microsoft and Cyota's other partners to be blocked. This enables Cyota to help protect all its eFraudNetwork members in real-time by leveraging its broad customer and partner community. "The safety and security of our clients' information is a top priority at RBC," said Diana Burke, Senior Vice President, Information Security at RBC Financial Group, Canada's largest bank as measured by market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. and assets, and one of North America's leading diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services companies. "We have been using Cyota's authentication products for several years, and recently deployed Cyota's FraudAction anti-phishing service to ensure we deal with these threats in a timely and effective manner." "As we look at the growing and ever changing threat of phishing, we recognize the need to arm our technology innovations like Microsoft Phishing Filter and SmartScreen with real-time information about breaking attacks from proven data providers like Cyota ," said John Scarrow, General Manager, Anti-Spam and Anti-Phishing Team, at Microsoft Corp. "By working together, the same valuable real-time phishing information that is used and trusted by thousands of top financial institutions worldwide can now also be employed to help aid Microsoft's efforts to bring leading edge protection to our customers." "We strongly believe that a multi-layered approach is the best way to help protect Internet users from online financial fraud. That's why Cyota has collaborated with leading technology companies such as Microsoft to create a strong first line of defense, in addition to strong authentication solutions that better detect, prevent and defend against online fraud at the specific institutional level," said Amir Orad, Executive Vice President at Cyota. "ING Direct and RBC Financial Group are among the latest institutions whose members will directly benefit from the blocking functionality Microsoft and other technology partners provide with Cyota." In addition to FraudAction, Cyota offers financial institutions a full FFIEC-compliant solution for online banking authentication. Cyota eSphinx(TM) is the company's two-factor Risk Based Authentication solution for online banking, which includes Cyota's eStamp(TM) reverse authentication watermark watermark: see paper. See digital watermark. technology. eSphinx provides banks with two-factor strong authentication security that builds customer confidence without compromising consumer usability or changing the way users transact online. About Cyota Cyota is the leading provider of online security and anti-fraud solutions for financial institutions. Cyota's solutions include fraud reduction tools for e-commerce and online banking as well as anti-phishing services. Cyota operates in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia-Pacific with systems in use by thousands of financial institutions, including eight of the world's top 10 banks. Over 430 million accountholders are protected by Cyota's systems. Founded in 1999, Cyota is headquartered in New York with offices worldwide. For more information please visit www.cyota.com |
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