SAN JOSE, Calif. – Patelco CU said this morning it signed with ThreatMetrix to add the company’s online fraud and malware defense.
Patelco selected the TrustDefenderID and TrustDefender Cloud solutions for comprehensive cybersecurity protection.
TrustDefender ID is a SaaS-based, real-time device identification and identity verification solution that protects financial institutions against cybercriminals and helps validate returning customers and prospects.
TrustDefender Cloud detects man-in-the-browser (MitB) attacks and Trojans targeting customers’ devices while providing banks and credit unions with insight into which customers have compromised devices.
“We selected TrustDefender ID because we felt that it was a superior product to competitive offerings and allowed us to authenticate and profile devices – such as computers, smartphones or tablets – with or without cookies installed,” said Anthony Vitale, vice president, information technology, Patelco Credit Union. “We were able to do a quick installation on our own and integrate it into our existing systems without interrupting the customer experience,” said Anthony Vitale, vice president, information technology at the $4 billion credit union. “With TrustDefender ID, we have deeper visibility into the profile of our online banking customers – differentiating good, returning customers from cybercriminals hiding behind proxies to disguise their true location – while also identifying what devices they are using regardless of the location.”