Desert Schools Federal Credit Union Selects Bharosa to Provide Fraud Detection and Multifactor Authentication for Online Banking

The Financial Institution Will Deploy Bharosa's FFIEC-Compliant Tracker and Authenticator Products

PHOENIX, AZ and SANTA CLARA, CA -- (MARKET WIRE) -- July 25, 2006 -- Desert Schools Federal Credit Union, the largest credit union in Arizona, today announced that it has selected Bharosa, a global provider of proactive, real-time fraud detection and multifactor authentication solutions, to enable enhanced authentication and anti-fraud security for its online banking portals.

As one of the fastest-growing financial institutions in the nation, Desert Schools Federal Credit Union strives to deliver leading-edge online services, including superior anti-fraud measures to protect its members. The financial institution announced it will deploy software products from Bharosa to further secure its banking Web sites and to proactively protect its customers from online fraud. This will be achieved through proactive, real-time Bharosa Tracker fraud detection, which will run behind the scenes, as well as strong, multifactor authentication for online banking, which will be used by the credit union's members, both at login and in session.

Furthermore, by layering Bharosa software with the institution's existing online banking application, Desert Schools will be able to implement the strong FFIEC-compliant, Bharosa-enabled security solution without significant effort and will be able to replace some of the institution's current service-intensive manual processes with automated, secure online services. Desert Schools expects significant efficiency gains and substantial return on investment from some of these user-focused capabilities alone, which it found only in Bharosa software.

"We evaluated a number of solutions and selected Bharosa because we needed a strong solution to not only comply with, but also exceed, the FFIEC guidelines and to enable a long-term strategy for our organization," said Ron Amstutz, vice president and chief information officer. "Bharosa was the best choice in many regards -- it's the easiest solution to implement and integrate, and also the most advanced in terms of second- and third-factor security."

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 Desert Schools Federal Credit Union

A leading Arizona financial institution since 1939, Desert Schools is the state's largest credit union with more than $2.6 billion in assets, 328,000 members and 52 branch locations. As a not-for-profit cooperative, Desert Schools is dedicated to providing outstanding member service, playing a positive role in the community, supporting continuous education and endorsing its philosophy of people helping people. Desert Schools -- Where You Belong.

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