Bharosa Announces Enhanced Online Banking Security at SVB Silicon Valley Bank

Pioneering Institution Is An Early Adopter of Advanced Solutions to Counter Online Fraud

SANTA CLARA, Calif., July 31, 2006 - Bharosa, a global provider of active fraud detection and multifactor authentication solutions, today announced that SVB Silicon Valley Bank is successfully utilizing anti-fraud software from Bharosa to power a state-of-the-art security solution for online banking.

This announcement marks the six-month anniversary of SVB Silicon Valley Bank’s deployment of the software. The aggressive stance taken by the company to combat fraud shows its ongoing commitment to finding the most novel and visionary ways to protect its clients’ interests. The company implemented anti-fraud protections well before such measures became a federal regulatory requirement for banks.

“It is important to our technology-focused clients that we demonstrate our commitment to the most secure, efficient technologies available for their online banking requirements,” said David Webb, chief information officer of SVB Financial Group, the parent company of SVB Silicon Valley Bank.

Today, all online client accounts at SVB Silicon Valley Bank are currently protected at login by enhanced security features. These include some of the industry’s most advanced capabilities for fraud monitoring, as well as stronger authentication for the login ID and password.

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.

Press Contacts:
Danielle Cole
Bharosa
pr@bharosa.com
(415) 505-9273

Carrie Merritt
SVB Financial Group
cmerritt@svb.com
(408) 654-7193