Prevx signs software and services agreement with IT solutions company

News by SC Staff

Unisys and Prevx have announced a strategic software and services agreement to help organisations reduce the risks they face from cybercrime.

Unisys and Prevx have announced a strategic software and services agreement to help organisations reduce the risks they face from cybercrime.

 

The deal will allow the information technology solutions company to sell the Prevx 3.0 Banking and Finance and Prevx 3.0 Enterprise technologies to commercial, banking and public sector organisations.

 

By detecting changes in the PC and offering a real-time view of the risk factors, banks and eCommerce companies can establish, configure and manage an online banking session. Unlike existing anti-virus software, Prevx 3.0 also has a proven track record in identifying and quarantining low-level, high-volume attacks.

 

According to the Banking Code, banks are liable for any funds lost by a customer through cybercrime unless they can prove that the victim did not take ‘reasonable' care to protect their personal details. Banks previously have been forced to offer mainstream security products to their customers at discounted prices - which can be costly, time consuming and legally contentious.

 

Robert Chapman, head of global outsourcing and infrastructure services for Unisys UK, said: “The sheer size of the cyber threat facing industry and government can appear overwhelming. More than 50 per cent of PC's have one or more critical weaknesses that increase the risk that they will be infected by a virus.

 

“Also, the imperative to bolster our defences is even more clear when you consider that the world's top ten leading banks collectively provide internet banking services to more than 60 million customers; some government and military agencies are individually responsible for several million PCs; and many large enterprises have 50,000 or more systems.”

 

Mel Morris, CEO at Prevx, added: “Unisys has been deeply involved in the security of UK financial services industry for more than 100 years and is the backbone of front and back-offices for most of the financial institutions of this country. With Unisys' track record in the field of managed services and Prevx 3.0's intelligence-led approach, we've reached a key milestone in our industry's ability to safeguard customer identity and financial assets.”

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