RSA 2011 Cybercrime Trends Report

Posted by admin on 1/Feb/2011 in Press Releases, Security Alert Log | 0 comments

This is a very important article/whitepaper that was published recently by RSA. It explicitly points to mobile phones being a security problem and makes specific mention of SMS and mobile banking being vulnerable.

The Current State of Cybercrime and What to Expect in 2011

Cybercrime continues to show no signs of slowing down. In fact, 2010 marked a year of several new threats and an increased level of sophistication in the attacks witnessed around the globe. As the new decade opens, cybercrime is diverging down a different path as cyber attacks move beyond the financial services industry and malware makes a shift from targeting consumer desktops to employees in the enterprise.

The RSA Anti-Fraud Command Center (AFCC ) has developed a list of the top cybercrime trends it expects to see evolve over the course of 2011.

The RSA Anti-Fraud Command Center is on the forefront of new threat detection and cybercrime intelligence, achieving several milestones including the shutdown of over 350,000 online attacks across 181 countries and launching the first commercial anti-phishing and anti-Trojan services in the industry.

In this white paper, RSA will review the current state of cybercrime based on what we witnessed in the last twelve months and provide a series of predictions on what to expect from cybercriminals in 2011.

Read the full article (PDF Format) as published by RSA on their web site (free registration required)

CellTrust Secure SMS Continues to be Secure, While Many Wireless Banks’ Apps Were Exposed to Security Flaws

Posted by admin on 22/Nov/2010 in Press Releases, Security Alert Log | 0 comments

Company says Secure SMS users’ information is safe and secure because of product architecture

SCOTTSDALE, ARIZONA, USA – November 22, 2010 – CellTrust Corporation, the recognised leader in mobile secure messaging and secure applications for mobile phones (www.celltrust.com), today announced that CellTrust’s mobile banking product, which is being piloted outside of the U.S., is based on SecureSMS Secure Mobile information management (SMIM) architecture and is not affected by security flaws that were recently published in a Wall Street Journal article. The article stated that a number of top financial companies and banks, such as Wells Fargo & Co., Bank of America Corp. and USAA, are rushing to develop updates to fix security flaws in wireless banking applications that could allow a computer criminal syndicates to obtain sensitive data like usernames, passwords and financial information.

“This is not the first time that mobile banking applications have been vulnerable to security flaws, and we do not believe it will be the last time,” said Sean Moshir, CEO and Chairman of CellTrust. “The issue with the banking apps mentioned in The Wall Street Journal article is that personal information about the wireless subscriber, such as the user name and password to a bank account, is being stored in the mobile device, which could give a cybercriminal full access to a person’s financial accounts. Storing the password in the memory of the handset is a fundamental mistake in the design of the apps and the security architecture. Furthermore, apps that store passwords in the memory of the handset or send it across the network are not compliant with financial industry regulations or best practices.”

Moshir continued, “CellTrust developed its SecureSMS platform from the ground-up, with security architecture in mind, and continues to provide a safe and secure environment for the exchange of sensitive information. A key difference with SecureSMS is that CellTrust uses the mobile command channel for communication, rather than the data channel which was used for these particular mobile banking apps. It is critical and added security for mobile banks apps to perform the actual transaction or user authentication out of band.” (more…)

CellTrust Prepares NFC Provisioning APIs Using SecureSMS for Carriers and Banks as NFC Technology Rollout Begins in 2011

Posted by admin on 25/Aug/2010 in Press Releases | 1 comment

CellTrust Removes Major Obstacle for Mobile Operators and Banks by Delivering OTA (Over-The-Air) NFC Configuration and Provisioning

SCOTTSDALE, ARIZONA, USA – August 25, 2010 – CellTrust Corporation, the world’s largest provider of SecureSMS for mobile phones (www.celltrust.com), announced today that it is preparing patent-pending, NFC-provisioning APIs using SecureSMS, in anticipation of NFC technology rollout beginning in early 2011.

NFC (Near Field Communication) is a short-range wireless communication standard that bundles a contactless chip with a contactless reader inside the mobile device. With NFC technology, consumers can simply wave or tap their phone within a few inches of a reader to transfer information to their mobile phone or to complete a mobile payment or transaction.

Designed to make life much easier for the end-user, provisioning NFC will require the carrier to send sensitive and confidential information to the mobile subscriber’s handset. While a few methods exist to provision NFC, CellTrust believes SMS is the optimal choice because it uses the mobile communications control channel, which is separate from voice and data and operates regardless of the voice or data being used. The control channel has high resiliency, low bandwidth requirements and was designed for carriers to send specific commands and instructions to the handset via SMS. It is important to note that standard SMS is not secure and can be spoofed. Provisioning NFC with CellTrust’s SecureSMS APIs addresses spoofing with a fully authenticated, government-grade, highly encrypted, tamper-proof process, which also enables message sizes up to 5,000 characters.

(more…)

CellTrust’s SecureSMS™ Appliance Selected Winner for Best Enterprise Enabler Application for the RCR Ecosystem Awards

Posted by admin on 21/Dec/2009 in Awards, Press Releases | 0 comments

SecureSMS Appliance Selected as Innovative Messaging Security Solution

Scottsdale, Arizona – December 21, 2009 – CellTrust® Corporation (www.celltrust.com), announced today that RCR Wireless, a premier news source for the wireless communications industry, has named CellTrust’s SecureSMS Appliance as the winner of the 2009 inaugural RCR Wireless Ecosystem Award in the category of Enabler Application – Enterprise. These influential awards highlight companies that have demonstrated success, innovation, and excellence in the industry.

“We are honored to receive this award from RCR Wireless in recognition of CellTrust’s SecureSMS Appliance,” said Sean Moshir, Chairman and CEO of CellTrust. “This award reinforces the value that secure messaging delivers to the enterprise space.”

The SecureSMS™ Appliance manages and exchanges messages via CellTrust’s highly Secure Mobile Information Management platform to:

• Meet security, privacy and compliance requirements without costly development
• Set aside concern that carriers, tower operators, infrastructure providers, aggregators, and others can intercept and read text messages
• Confirm that text message recipients have received and opened SMS messages
• Use the same set of APIs to send both secure and standard SMS or text messages
• Remotely “wipe” the handset if lost or stolen
• Definitively measure the Return-on-Investment of the mobile channel via SSMS
• Reduce overall cost of communications (more…)

CellTrust Corp. Launches First SecureSMS™ Appliance for Global Enterprise Market

Posted by admin on 6/Oct/2009 in Press Releases | 0 comments

CellTrust to Deliver Industry’s First “Plug and Play” Secure SMS Solution for Enterprise Customers.

CTIA Wireless IT & Entertainment, San Diego, CA – October 6, 2009 – CellTrust Corporation, an Arizona based provider of leading-edge secure mobile messaging and applications (www.celltrust.com), today announced the launch of CellTrust SecureSMS™ Appliance for the enterprise space. This is the first global enterprise appliance to offer secure SMS communication for handset-to-handset, application-to-handset or vice versa, with highly encrypted end to end security in compliance with HIPAA, FISMA, and Sarbanes-Oxley, ensuring that information is kept private and only delivered to the intended recipient.

The CellTrust offering is a “plug and play” solution consisting of the patent pending CellTrust SecureSMS Gateway™ and an appliance with a modem from Multi-Tech, a Minneapolis-based cellular modem and wireless technology manufacturer, to provide a secure text messaging solution for transmitting confidential information from handset-to-handset, application-to-handset or vice versa. The CellTrust SecureSMS™ Appliance instantly connects the enterprise with over 700 carriers around the world and operates on many handsets from variety of manufacturers. The direct connection to carriers via cell towers significantly reduces the costs and time associated with securing and provisioning a short code, enabling enterprise customers to immediately begin to securely send sensitive material via SMS.

The SecureSMS™ Appliance is installed in the customer’s data center, and with no Internet connection necessary, it enables users to send SMS messages securely to each other using cell towers. If connected to Internet the Appliance can connect to most email servers and routes emails to secureSMS on the handset and receives response as well. The email connector can also show proof of delivery of the email as well as read confirmation from the handset. CellTrust’s SecureSMS allows users to send encrypted messages containing up to 5,000 characters surpassing the standard SMS 160 character limit, and modems are used within the enterprise to transmit the messages which support up to 10,000 messages per day. Depending on the level of messaging traffic, multiple modems may be used to support the amount of SecureSMS communications sent. (more…)

CellTrust Corp. Commences Operations with CellTrust Australia, Pty Ltd. To Provide Secure SMS and Mobile Marketing to Australia and New Zealand

Posted by admin on 5/Jun/2009 in Application Watch | 1 comment

U.S.-based CellTrust, the Secure SMS Messaging Leader, Establishes a Franchisee as Distribution Network on the Australian Continent.

Scottsdale, AZ, USA and Australia – June 3, 2009 – CellTrustCorporation, a U.S.-based provider of leading-edge secure mobile messaging and applications (www.CellTrust.com) announced its expansion into Australia and New Zealand with the establishment of CellTrust Australia (www.CellTrust.com.au).  The franchisee will operate from its headquarters in Sydney, Australia led by Managing Director Nick Goritsas, marketing veteran and entrepreneur who founded the successful Ontarget Group of companies, which specialise in Data Mining, Direct Mail Marketing and Product Fulfilment.

CellTrust Australia’s customer base will benefit from CellTrust’s award winning SecureSMS Gateway, enabling businesses to exchange critical information with customers using mobile devices in a trusted environment.  SecureSMS has additional advantages over standard SMS, such as delivery, read, and receipt confirmation. CellTrust SecureSMS provides end-to-end privacy on the mobile device via a highly encrypted, tamper-proof process. The sender can see the icons actually change on their phone as messages are sent, received and opened by the recipient. The solution also increases the SMS size limit from 160 characters to 5000. A remote wipe functionality that ensures users can wipe the handset if it is lost or stolen adds another critical layer of security. Additional features that will soon be available on CellTrust SecureSMS will include 2D barcodes, client-less Secure SMS, as well as a dynamic menu system for mobile banking and mobile payments.

“The introduction of 3G mobile technology to the Australian market is driving economic growth and helping to transform businesses and services to communities previously underserved due to the limitations of broadband” said Nick Goritsas, Managing Director, CellTrust Australia. “With the proliferation of mobile data and the exchange of sensitive information across education, healthcare, government and financial sectors, CellTrust’s secure mobile applications and global gateway are well-positioned to meet market demands.” (more…)

CellTrust Receives 2008 Communications Solutions Product of the Year Award

Posted by admin on 26/May/2009 in Awards, Press Releases | 0 comments

SecureSMS Recognized for Outstanding Innovation

Scottsdale, AZ – May 26, 2009 – CellTrust (www.celltrust.com) announced today that Technology Marketing Corporation (TMC) has named SecureSMS as a recipient of a 2008 Communications Solutions Product of the Year Award.

CellTrust’s SecureSMS adds significant value to basic text messaging (SMS) with:

• Control to manage confidential information exchange via the mobile
• Accountability with recipient confirmation when SMS is received and opened
• Enterprise level compliance without costly development or server infrastructure investment
• Carrier-ready compatibility with more than 710 carriers in over 218 countries
• Security with end-to-end encryption across the mobile ecosystem (i.e. carriers, tower operators, infrastructure providers or aggregators)

“CellTrust is honored to be receiving the Communications Solutions Product of the Year Award recognizing it’s Secure SMS,” said Sean Moshir, Chairman and CEO of CellTrust. “This award further validates the increased adoption of SecureSMS as a safe way of communicating sensitive information within the mobile space.” (more…)

CellTrust’s SecureSMS™ a Winner of the Info Security Products Guide 2009 Tomorrow’s Technology Today Award

Posted by admin on 22/Apr/2009 in Awards, Press Releases | 0 comments

Secure SMS Selected as Ground-breaking Messaging Security Solution

Scottsdale, Arizona – April 22, 2009 - CellTrust (www.celltrust.com) announced today that Info Security Products Guide, the industry’s leading publication on security-related products and technologies, has recognised SecureSMS with the 2009 Tomorrow’s Technology Today Award. This prestigious award recognises security vendors with advanced technologies in all areas of information security.

CellTrust’s SecureSMS adds significant value to basic text messaging (SMS) with:

• Control to manage confidential information exchange via the mobile
• Accountability with recipient confirmation when SMS is received and opened
• Compliance without costly development or server infrastructure investment
• Security with end-to-end encryption across the mobile ecosystem, i.e. carriers, tower operators, infrastructure providers or aggregators

With CellTrust’s SecureSMS, organizations in healthcare, financial services/banking, government, education, travel and mobile advertising/marketing now have the ability to exchange critical information with customers in a trusted environment on the mobile device.

“Threats have no boundaries and security awareness is the key to a proactive approach,” says Rake Narang, editor-in-chief, Info Security Products Guide. “Probably nothing differentiates any product or solution more than the superior technologies that make them suitable for today’s needs, while pro-actively being ready for tomorrow too.” (more…)

Airline Industry discusses Mobile Ticketing and Mobile Payment via Secure SMS at the first Global Airline Payment Summit in Toronto, Canada

Posted by admin on 9/Apr/2009 in Press Releases | 0 comments

Sean Moshir, CEO of CellTrust to Deliver Key Presentation at Inaugural Conference

Scottsdale, Arizona – April 9, 2008 – CellTrust® Corporation (www.celltrust.com), the leading secure mobile information management and delivery provider, today announced that CellTrust CEO Sean Moshir will be speaking at the upcoming Airline Payment Summit, April 9 – 10 in Toronto, Canada. Moshir will be speaking on the first day of the event, and will address the pitfalls and promises surrounding mobile airline payments. As mobile devices evolve and offer consumers options for conducting business and personal transactions, industries such as air travel and other retail channels will find value in providing mobile payment options to its customers.

The Airline Payment Summit will welcome more than 170 technology leaders and executive decision makers to its inaugural event put on by Airline Information, an innovator in aviation-related conferences. The summit will review ways to open up new airline payment channels and opportunities for growth while driving the cost of doing business down.

“CellTrust is pleased to participate in the Airline Payment Summit inaugural conference and to have an opportunity to demonstrate how its patent pending SecureSMS Gateway™ enables the airline industry to leapfrog from thinking about SMS booking, to SMS buying and SMS checking,” said Sean Moshir, CEO of CellTrust. “Not only does the mobile phone provide the ability to dramatically lower costs-per-transaction and increase security for card-not-present transactions, but it can also create new revenue streams by enhancing value-added services to the passenger while en route.” (more…)

CellTrust Presents at Invest Southwest Capital Conference

Posted by admin on 11/Dec/2008 in Press Releases | 0 comments

Sean Moshir Addresses Secure SMS and Market Opportunities in Mobile Security

Scottsdale, Arizona – December 11, 2008 – CellTrust, a leading provider of mobile software for the secure and trusted exchange of information on mobile devices, will be attending and discussing its portfolio of products at the Invest Southwest Capital Conference on December 11th. CEO Sean Moshir will be addressing how CellTrust secures the most popular application in the mobile industry as well as how it is increasingly becoming a useful business tool. Attendees can take a closer look at network risks and security measures, virus-free devices, identity theft and fraud, biometrics, special and specific telecom protection and security options for the mobile device.

Over the last 18 months, CellTrust has experienced a nearly 400 percent growth in revenue and will also discuss CellTrust from an investor’s perspective, explaining the composition of the company, how they identified the solution to a ubiquitous problem in mobile security, and the scale of market opportunity. CellTrust has recently been recognized as one of the 2008 Comerica Bank Arizona Companies to Watch and is also honored to be one of the thirteen companies invited to present at Invest Southwest Capital Conference out of an available selection of eighty-seven companies.

CellTrust is a leading provider of mobile software for the secure and trusted exchange of information on mobile devices. CellTrust’s patent pending Secure SMS Gateway™ featuring Secure SMS and a suite of mobile applications provide the ability to exchange encrypted information via advanced mobile messaging and marketing solutions to customers and resellers in the financial services, advertising, marketing, education, travel and hospitality, technology, and government sectors, among other global industries. (more…)