BankServ Secures Assets, Online Home Users With Network ICE; ICEpac Security Suite Protects Against Hacker Attacks in BankServ's Network

Business Wire, Dec 19, 2000

Business Editors/High-Tech Writers

SAN MATEO, Calif.--(BUSINESS WIRE)--Dec. 19, 2000

BankServ, a leading provider of Internet payment services, has selected Network ICE to keep the invasive eyes of hackers off the online financial transactions of its corporate and home customers. Network ICE, a leading provider of corporate and consumer security solutions, protects BankServ's $2 billion in daily transactions, offering ample peace of mind to its corporate and financial services customers. In an announcement today, Network ICE officials said BankServ chose its ICEpac Security Suite after rigorous testing that confirmed company claims of superior performance and compliance with stringent federal regulations.

"Our job is to protect our customers who use our e-commerce network," said Dr. Everett Carter, security director for BankServ. "ICEpac Suite has given us 100 percent return on our investment by blocking attacks against our network."

BlackICE technology, incorporated into Network ICE security products, detects, identifies and blocks Internet attacks in real-time. Fast and intelligent BlackICE technology discerns real attacks from false alarms and detects attacks other intrusion detection products miss, so security professionals spend time only on what really matters.

"Financial communities have a very high risk of attacks," said Greg Gilliom, chief executive officer of Network ICE, "Unlike other intrusion detection systems, our solution is high-performance and is able to keep pace with the full capacity of BankServ's network so no hack goes unnoticed."

About BankServ

Founded in 1996 by Chief Executive Officer Dave Kvederis, BankServ is one of the country's leading providers of payment solutions for online businesses, retailers and financial services companies. Its electronic check conversion, ACH funds transfer and global wire transfer systems serve hundreds of U.S. businesses and financial institutions in online, point-of-sale and back-office applications. The company's Internet check and wire transfer services are built on the backbones of BankServ's secure proprietary ACH and Fedwire processing systems. Security and verification services are provided through BankServ's own database management systems and through partnerships with Thomson Financial Publishing, Experian and others. Digital certification is provided through BankServ's own proprietary software. Headquartered in San Francisco, BankServ also maintains offices in Atlanta, Austin, Boise, Boston, Chicago, Dallas, Houston, Lafayette, La., Las Vegas, and New York.

About Network ICE

Network ICE was founded in 1998 by a team of network analysis and security experts to solve the problem of intrusion detection and defense for high-speed networks. Network ICE provides enterprise and consumer turnkey intrusion protection and security policy management solutions for hundreds of corporations worldwide. Network ICE uses patent-pending technology to protect networks and systems from hackers by detecting and blocking the attack, tracing the identity of the intruder and reporting the details of the attack. For more information, visit the Network ICE Web site at www.networkice.com.

Note to Editors: Network ICE and BlackICE Defender are trademarks of Network ICE. All other companies and products listed herein are trademarks or registered trademarks of their respective holders.