Printer Friendly

Piedmont Credit Union deploys new software.

Piedmont Credit Union is now using keystroke encryption software to enhance its own internal data security and is offering the same solution to its members.

The Danville, Va., credit union using GUARDED ID from Strikeforce Technologies of Edison, N.J., a solution the $33 million credit union bought from IDTELi LLC, a workforce identity theft awareness and prevention firm in Beaverton, Ore.

IDTELi said the Virginia credit union is one of the first in the country to use the software and made the move after several of its members were affected by the Heartland Payment Systems data breach, which was initiated by keylogging malware.

"While Piedmont's management has since determined that the Heartland data breach was not related to any of Piedmont's internal systems, proactive steps have been taken to prevent a similar event from occurring at its credit union," IDTELi said in its announcement.

IDTELi's Brenda Eaden said that "every financial institution needs to re-examine their data security in light of the Heartland breach. Most, if not all, financial institutions utilize important state-of-the-art firewalls, 'best-of-breed' anti-virus and anti-spyware, filters and Web gateway security but they also need to ensure data is secure at its most vulnerable point of exposure to theft, the computer keyboard."
COPYRIGHT 2009 Summit Business Media
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Credit Union Times
Date:Apr 15, 2009
Previous Article:American debt relief challenge quantifies the credit union difference.
Next Article:Fraudsters cap busy year.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |