Schools Financial Credit Union Employs Cyveillance Online Risk Monitoring and Management Solution Against Online Fraud

SACRAMENTO, Calif.--(BUSINESS WIRE)--On November 13, 2006, Schools Financial Credit Union (Schools) announced its selection of Cyveillance for its online risk monitoring and management solutions in an effort to further upgrade Schools' online security and protect its members against Internet fraud schemes like "phishing."

“Member safety and security is always a top priority at Schools”

“Member safety and security is always a top priority at Schools,” said President/CEO Jim Jordan. “With Cyveillance, we will be able to further protect our members’ personal information against Internet fraud tactics.”

In response to growing online threats, Schools is working with Cyveillance, a leading provider of online risk monitoring and management solutions, to protect its online members with customized phishing detection services, domain registration alerts, suspect email incident alerts, suspect URL alerts and pharming/IP address change alerts. Cyveillance comprehensively monitors the Internet, using patented technology to deliver early warnings of risks to information, infrastructure and individuals. Armed with this actionable intelligence and Cyveillance’s immediate corrective response capability, Schools can take the appropriate security measures to proactively protect its members.

“As criminals develop new ways to steal personal information, Internet users are finding it more difficult to differentiate between legitimate financial Web sites and fraudulent phishing sites,” said Panos Anastassiadis, CEO of Cyveillance. “Our comprehensive monitoring and management solutions enable Schools to identify, prevent and stop these threats before they become a problem, ensuring the online safety of their customers.”

About Cyveillance:

Cyveillance provides online risk monitoring and management solutions to Global 2000 organizations. The company comprehensively monitors the Internet using patented technology to deliver early warning of risks to information, infrastructure and individuals. Armed with this actionable intelligence and Cyveillance’s immediate corrective response capability, chief security officers can proactively protect their company’s reputation, revenues and customer trust. Cyveillance counts over half of the Fortune 50 and three quarters of the top Fortune 500 companies in the financial services, pharmaceutical, energy, and technology industries as clients.

About Schools Financial Credit Union

Founded in 1933, Schools Financial Credit Union serves more than 110,000 members and has over $1.2 billion in assets. Schools has 12 branches and offers Banking for Everyone^SM in Sacramento and its nine surrounding counties.