LONDON, June 10 /PRNewswire/ -- Unisys, the worldwide information technology solutions company, today announced a strategic software and services agreement with Prevx, an internet security company, to help organisations reduce the risks they face from cyber crime.
Unisys is partnering with Prevx in the UK to sell the Prevx 3.0 Banking and Finance and Prevx 3.0 Enterprise technologies to commercial, banking and public sector organisations. Prevx is included in the recently published Gartner Magic Quadrant for Endpoint Protection Platforms and Unisys will be the first solutions provider in the banking and finance sector to promote and deliver these powerful solutions to address the growing concerns of Internet banking fraud.
According to the Banking Code, banks are liable for any funds lost by a customer through cyber crime 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.
Prevx eCommerce security products are heterogeneous applications that work in tandem with existing anti-virus technology to detect and counter new infections, one third of which are not currently caught by the market's leading security products. By overcoming proprietary incompatibilities with other anti-virus products, Prevx technology can enhance the efficacy of third-party security products.
Prevx 3.0 can help financial institutions protect their customers more effectively. The product is one of the most discreet malware solutions available and takes only a few seconds to download. 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.
Robert Chapman, Head of Global Outsourcing and Infrastructure Services for Unisys UK, commented: Unisys and Prevx will be a powerful combination in the battle against cyber crime. The sheer size of the cyber threat facing industry and Government can appear overwhelming. More than 50 percent 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 10 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. We're proud to stand with Prevx at the vanguard of this offensive against cyber crime.
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. Signing this deal gives us unrivalled access to global financial organisations worldwide. 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.
Unisys is a worldwide information technology company. We provide a portfolio of IT services, software, and technology that solves critical problems for clients. We specialize in helping clients secure their operations, increase the efficiency and utilization of their data centres, enhance support to their end users and constituents, and modernize their enterprise applications. To provide these services and solutions, we bring together offerings and capabilities in outsourcing services, systems integration and consulting services, infrastructure services, maintenance services, and high-end server technology. With more than 27,000 employees, Unisys serves commercial organizations and government agencies throughout the world. For more information, visit http://www.unisys.com.
Prevx is acknowledged as the pioneer of security intelligence based cyber security solutions utilising cloud based technology and automated malware research since 2004. Prevx 3.0 products provide a powerful incremental level of protection for Banks, large Enterprise, Ecommerce, Government, Military, SMBs and Consumers. Prevx is an employee owned corporation with a strong passion for fighting cyber crime. For more details visit the Prevx web site at http://www.prevx.com
About the Magic Quadrant
The Magic Quadrant is copyrighted 2009 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the Leaders quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Contact: +44(0)1332-916170. Lisa Grimshaw Marketing Director Prevx Ltd. firstname.lastname@example.org
Contact: +44(0)1332-916170. Lisa Grimshaw, Marketing Director, Prevx Ltd., email@example.com.