PALM BEACH GARDENS, FL--(Marketwire - Sep 26, 2012) - Wontok, a global cloud and endpoint security company, today announced a strategic partnership with Royal Group Services (RGS), a retail insurance brokerage with a focus on protecting merchant accounts and commercial banking customers against fraud loss. As a result of the partnership, RGS will bundle Wontok SafeCentral with its new Electronic Funds Transfer Guard Protection Program, helping to protect commercial bank accounts from exposure to fraud loss through cybercrime. SafeCentral is lightweight secure browser and desktop software that helps to prevent theft and corruption by blocking malware during online sessions. When SafeCentral is activated, malware cannot function as designed.
"A security solution is a key component of our fraud protection services, and after discussions with various providers, we selected Wontok SafeCentral to help fill the fraud loss prevention gap facing many commercial banking customers," said Robert Halsey, president of Royal Group Services. "SafeCentral is an excellent product and is the only solution that comes bundled with our program. We believe SafeCentral greatly enhances our product by providing an excellent anti-malware solution to our clients and a safe browser and desktop environment for their commercial account holders."
SafeCentral is different from conventional anti-virus security solutions and other endpoint security systems because it isolates online activity from malware and critical business data in a secure desktop and web browser that also protects users from harmful websites and online scams. SafeCentral safeguards data in use and data at rest, including authentication credentials, web session tokens, account numbers, account balances and other information that moves through the web channel, is presented in the web browser and stored on disk during and between web sessions.
"SafeCentral is the safest way to go online because unlike traditional filtering solutions we don't rely on definition updates for ongoing protection. SafeCentral is a proactive solution that is as effective against old threats as it is against new ones," said Adam Tegg, CEO of Wontok. "SafeCentral is an important value-added service that banks can provide their commercial banking customers to protect personal identities and intellectual property, while ensuring that their online transactions occur in a malware-free environment. We look forward to helping make RGS' new program a success."
RGS' fraud loss prevention program has three components:
1. Security education and awareness information,
2. Protection against the theft of funds from commercial bank accounts due to unauthorized access with up to $100,000 per incidence and $500,000 per account, and
3. Secure access software.
Tegg added, "RGS' program establishes safer conditions for online banking and can now comfortably insure against fraud losses knowing that unmanaged endpoints with SafeCentral provide a safe and secure environment for online transactions."
About Royal Group Services
Since 2001, Royal Group Services, Ltd. has focused its efforts on delivering unique and superior insurance products to the payment card industry. RGS has forged strategic and exclusive partnerships with some of the largest and most respected organizations in the industry, including Fortune 100 banks, national merchant and banking associations, and MasterCard®. RGS has developed exclusive and unique insurance programs for clients such as the Army, Navy, Card Works International, TSYS and MasterCard. The professional staff at RGS prides itself on solving complex problems and providing solutions to some of the greatest risks associated with the fast-paced and ever-changing global marketplace. Fueling our success is the passion to provide solutions that anticipate unforeseen risk and protect our clients from catastrophic loss. For more information, visit www.royalgroupservices.com.
About Wontok:
Wontok delivers proven data security solutions that fill the gaps left by conventional security offerings. With Wontok's added layer of security; businesses, government organizations and consumers can have confidence that their online commerce and communications is secure and their data is safe. Wontok delivers its world-class cloud and endpoint security platform through value add distributors, systems integrators, ISPs, MNOs, Telcos and other value-added channel partners. The company has operations in the United States, Europe and Asia Pacific. For more information, visit www.safecentral.com and www.wontok.com.
Contact Information:
Kevin Wilson
513-898-1008