RCU Strengthening Online Services Security with Cyota's Internet Banking Authentication.EAU CLAIRE Eau Claire (ō klâr), city (1990 pop. 56,856), seat of Eau Claire co., W central Wis., on the Chippewa at the mouth of the Eau Claire River, in a hilly lake region; inc. 1872. , Wis. -- Recent studies indicate that Internet identity theft is evolving in more complicated ways, making it more difficult for consumers to protect themselves. Royal Credit Union, one of the largest credit unions in Wisconsin, is taking a proactive approach to this matter and is proud to announce that it has selected Cyota, a leading provider of authentication and anti-fraud solutions for financial institutions, to provide strong authentication for its Members. RCU RCU Read Copy Update RCU Remote Control Unit RCU Regional Coordinating Unit RCU Radio Control Unit RCU Remote Concentrator Unit RCU Regional Cadet Unit (Australia) RCU Radio Channel Unit RCU Rate Construction Unit will implement Cyota's eSphinx Risk Based Authentication solution and eStamp, Cyota's reverse authentication solution using watermarks, for RCU eBranch, its online account access service. Cyota's eSphinx authenticates all users and transactions, behind the scenes, based on their computer and profile. It asks for even further authentication through Member-defined challenge-response questions or other means for high-risk transactions. This product protects RCU's online banking channel without compromising consumer usability or changing the way Members use RCU eBranch. Cyota's technology has proven itself and has reduced online fraud by up to 80 percent. "Credit unions account for a large portion of American consumers and they have not gone unnoticed by fraudsters. In November alone our Anti Fraud Command Center reported that 42 percent of phishing attacks targeted credit unions," said Amir Orad, Cyota executive vice president. "Cyota has developed an array of anti-fraud products, including anti-phishing and online banking authentication solutions that are specifically designed to address credit unions' unique needs. It provides powerful protection for credit union members." "RCU is constantly looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. new ways to protect our Members online," states Charlie Grossklaus, President of RCU. "We believe that Cyota's Risk Based Authentication is the right approach - as always we will protect our Members and their information, without the need to burden them and change the way they are used to using RCU eBranch." Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : On Friday, December 30, 2005, RSA Security RSA, The Security Division of EMC Corporation, is headquartered in Bedford, Massachusetts, and maintains offices in Ireland, the United Kingdom, Singapore, India, and Japan. RSA organizes the annual RSA conference. and Cyota announced that RSA Security has completed its acquisition of Cyota. The combined company's customers will benefit from layered security Layered security is a new term used by information protection and online security vendors that describes the practice of leveraging several different point security solutions to protect the digital identities and information of consumer, enterprise or government environments. and fraud protection offerings, ranging across anti-phishing services; passive authentication using anomaly detection An approach to intrusion detection that establishes a baseline model of behavior for users and components in a computer system or network. Deviations from the baseline cause alerts that direct the attention of human operators to the anomalies. See IDS and anomaly. and transaction monitoring behind the scenes; risk-based authentication; and one-time passwords. About Cyota, Inc. Cyota, Inc. 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 global financial institutions, including nine of top 12 banks in North America and the UK. Over 430 million accountholders are protected by Cyota's systems. Founded in 1999, Cyota is headquartered in 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 with offices worldwide. For more information please visit www.cyota.com. About Royal Credit Union RCU, Royal Credit Union, is a federally insured credit union serving over 102,000 Members with 11 full service offices in Eau Claire, Chippewa Falls Chippewa Falls, city (1990 pop. 12,727), seat of Chippewa co., W central Wis., on the Chippewa River; settled 1837, inc. as a city 1869. Originally a lumbering town, Chippewa Falls once had the world's largest sawmill. , Whitehall, Rice Lake, and Colby. You can open an account or apply for a low-cost loan at RCU if you live or work in Eau Claire, Chippewa, Barron, Buffalo, Burnett, Clark, Dunn, Jackson, Marathon, Pierce, Pepin, Polk, Rusk, St. Croix, Taylor, Trempealeau, Washburn, or Wood counties in western Wisconsin. Call RCU at 715-833-8111 or 1-800-341-9911 for more information 7 days a week. You can also visit our web site at www.rcu.org. |
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