Business Services Industry

Corillian to Discuss Strategies to Combat Phishing and Online Identity Theft in Web Conference

Business Wire, April 6, 2005

PORTLAND, Ore. -- George Tubin of TowerGroup and Jim Maloney of Corillian to Co-Present on Strategies for Financial Institutions in Combating Fraud

Corillian Corp. (Nasdaq:CORI), the top provider of online banking and anti-fraud solutions to leading financial institutions, is scheduled to address important trends in phishing and Internet identity theft in a Web Seminar sponsored by Microsoft Financial Services as part of Microsoft's Experience Banking: Solutions in Action series on Tuesday, April 19, 2005, at 11:30 a.m. EDT.

Attendees of the Web Seminar will hear from TowerGroup's senior analyst George Tubin and Jim Maloney, Corillian's chief security executive, as they discuss strategies for financial institutions in combating online fraud. Tubin and Maloney will examine the critical steps in addressing online fraud, including prevention, detection, investigation and response.

According to a recent TowerGroup report, the dollar value of phishing-related fraud losses totaled approximately $137 million globally in 2004. Also, TowerGroup believes that the number of unique phishing attacks totaled more than 31,000 globally in 2004. This number is expected to rise to over 86,000 by 2005, as the phenomenon spreads to customers of smaller financial institutions, new merchant/service-provider categories and new global markets.

In addition to a presentation, participants will have the opportunity to explore new insights with George Tubin and Jim Maloney during a live Q&A session.

The Anti-Phishing and Internet Identity Theft Solutions Web Seminar will be held on Tuesday, April 19, 2005, at 11:30 a.m. EDT. To register and for more information, please visit http://www.sourcemedia.com/webseminar/Microsoft/regform.html.> About Corillian Corporation

Corillian is the top provider of online banking and anti-fraud solutions to leading financial institutions. Corillian provides the most flexible, scalable and secure set of online banking applications across multiple lines of business, integrating hundreds of best practices observed from some of the most innovative financial institutions in the world, as well as best practices in usability and functionality established by industry experts. Corillian features integrated applications across Consumer Banking, Small Business Banking, Wealth Management, Credit Card Management, and Cash Management, as well as enterprise-wide solutions, including Fraud Detection, Payments Warehouse, Alerts, eStatements, and OFX. Empowered with Corillian solutions, some of the world's most visionary financial institutions provide their customers with the tools to manage their finances more effectively and securely. For more information about Corillian Corporation, visit the company's Web site at http://www.corillian.com.

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