DFCU Financial Chooses Bharosa to Protect Its Online Banking Customers Against Increased Threat of Fraud

Market Wire, October, 2006

Bharosa, a global provider of proactive, real-time fraud detection and multifactor authentication solutions, today announced that it was selected by DFCU Financial, the largest credit union in Michigan, to enable enhanced security for its online banking users. Bharosa's Authenticator and Tracker products are helping industry leading banks and credit unions comply with security guidance from the Federal Financial Institutions Examination Council ( FFIEC ), calling for stronger customer authentication and fraud detection in online banking environments.

"We selected Bharosa because we want to offer our Internet customers seamless protection against fraud schemes today and those coming in the future," said Vince Pittiglio, Chief Information Officer of DFCU Financial. "In today's world of escalating online fraud threats, we believe it's not good enough to just meet current industry guidelines. Utilizing Bharosa's solution, we are taking the most proactive and user-friendly security stance for our online banking customers today and tomorrow."

In order to further secure its banking Web sites, DFCU Financial will deploy several software products from Bharosa, including real-time Bharosa Tracker fraud detection, as well as strong, multifactor authentication for online users. As one of the 30 largest credit unions in the US, and having served its members for over five decades, DFCU Financial strives to deliver leading-edge online services, including superior anti-fraud measures to protect its members.

In addition, DCFU Financial will utilize the Bharosa Universal Installation Option (UIO) to enable seamless integration of new applications with varying authentication options, which will eliminate potential frustration among both the business and end-users. By layering Bharosa software with the institution's existing online banking application, DFCU Financial will be able to strengthen online security measures without significant effort and will be able to replace some of its current service-intensive manual processes with automated, secure online services.

"Bharosa continues to gain momentum with leading financial institutions, like DCFU Financial, because we offer the easiest solution to implement and integrate, and also the most advanced in terms of second and third-factor security," said Jon Fisher, Bharosa CEO. "We help our customers to not only comply with, but also exceed the FFIEC guidelines and to enable a long-term, end-user friendly fraud strategy for their organization."

About Bharosa

Bharosa is a global provider of proactive, real-time fraud detection and multifactor online authentication solutions for the enterprise. Bharosa's Tracker product works behind the scenes to verify a host of factors used to confirm a user's identity, including the user's computer, location and online behavior. Tracker scores risk through a unique and proprietary "gated" security method and responds to risk in real time by increasing online security. Tracker offers strong asset and transaction authentication security that can be implemented without requiring any change to the online experience.

Another Bharosa enterprise product, Authenticator, protects sensitive password credentials data from Phishing, Trojans and Proxy-Based Fraud. Tracker and Authenticator together form the organization's most powerful weapon in the fight against online identity theft.

Bharosa, Inc. is a privately held company founded in May 2003 and headquartered in Santa Clara, California. More information is available at www.bharosa.com .

About DFCU Financial

DFCU Financial is headquartered in Dearborn, Mich. With more than $1.8 billion in assets, DFCU Financial is the largest credit union in Michigan. It currently operates 11 full-service Detroit-area branch offices in addition to educational student-run branches at Dearborn High School and Livonia Franklin High School. For more information, please visit www.dfcufinancial.com .

Press Contacts: Lorraine Kauffman-Hall Bharosa Email Contact (704) 882-0443 Kim Ward Gabbert DFCU Financial Email Contact (313) 322-8239