Posted by SecExtra on January 25th, 2008

Panda Security has announced the general availability of Panda Security for Internet Transactions, an anti-fraud security service that protects banks and online merchants against active malware targeting business to consumer, as well as business to business transactions. Designed in direct response to growing concerns in the market regarding the safety of online transactions, Panda Security for Internet transactions is the first to use intelligence from within “the cloud” with a Targeted Attack Alert Service (TAAS) to protect against financial fraud associated with identity theft Trojans.Bankinter, a commercial bank in Spain, is using Panda Security for Internet transactions to safeguard itself and its customers against financial fraud.

Bankinter is acutely aware of the constant evolution of traditional threats that affect online transaction security and of professional tools being used for fraud. Having preventive tools and services that provide a layer of security where it is most needed is without a doubt a line that Bankinter are obliged to follow as a leading financial services entity, Bankinter said.

Unlike other solutions on the market that only address authentication, this new solution provides specialized protection against active threats on a user’s PC designed for financial fraud. This latest breed of malware affects financial institutions, online merchants and consumers silently through trojans that capture confidential information like pin numbers and apply it to illegal activities, such as credit card scams, fraudulent ATM transactions, among others.

Panda Security combats these dangerous trojans by quickly scanning online consumers’ PCs for threats and then automatically protecting companies against financial harm based on their preferred, customizable response options. Since the transparent scan takes only five seconds, consumers can continue using the Internet without interruption.

You can find more information @ www.pandasecurity.com