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Leumi Card Selects Sanctum to Protect Online Banking Services
 
AppShield to Safeguard Israeli Visa Credit Card Company Web Site and Customer Data

Santa Clara, Calif. - May 8, 2001 - Sanctum, Inc., the established leader in automated Web application control and security software, today announced that the Israeli credit card company, Leumi Card, has joined Sanctum's customer base. Leumi Card will integrate Sanctum's AppShield within the security architecture of its Web site. The Leumi Card Web site, which allows customers to carry out banking transactions and receive the status of credit card purchases online, requires maximum protection of customer data.

The first solution to provide eBusinesses and Service Providers with continuous, autonomous protection against Web application perversion, AppShield secures Web sites by detecting, blocking, alerting administrators and logging any type of application manipulation through the browser. AppShield enables enterprises to focus developer resources on new products and services rather than debugging and patching existing applications.

"Leumi Card currently provides services to 400,000 customers," said Igal Naor, Operational Manager, who is responsible for information systems at Leumi Card. "Our objective is to ensure maximum information security in addition to the high service level we provide. Sanctum's security solution is an important component of the security system for our online service."

Sanctum's United States customer base includes industry leaders in banking, retailing, finance, government and telecommunications. Several Israeli e-commerce companies have also deployed AppShield, including Nice, Israel Electric Corporation and as well as banking and securities trading companies such as FMR, the Israeli Stock Exchange and Playsis Gambling of the Moritz Tuchler Group.

"With time-to-market demands rising, a shortage of trained security professionals and the frequent use of third-party applications, Web-based applications are becoming increasingly vulnerable to penetration by cybercriminals," said Sanctum CEO Peggy Weigle. "It is particularly critical to secure online banking applications where cybercriminals can access valuable customer information and corporate intellectual property, steal online identities and falsify transactions through the Web browser. To ensure consumer privacy, application-level security must be addressed as a serious issue that requires management to make proactive and responsible decisions."

About Sanctum, Inc. (www.SanctumInc.com)
Founded in 1997 and headquartered in Santa Clara, Calif., Sanctum, Inc. pioneered the market for Web application security and control software. Sanctum software works autonomously and continuously to monitor how individuals interact with Web applications. By detecting and defending against any unauthorized behavior, Sanctum prevents application perversion, even if a site has unknown security holes or flaws. Sanctum's customers include industry leaders in banking, retailing, finance, government and healthcare. Privately held, Sanctum is funded by blue-chip venture capital firms and industry leaders including Sequoia Capital, Walden, Sprout Group and Intel Corporation. More information about Sanctum may be obtained by visiting the Company's Web site www.SanctumInc.com or by calling the Company directly at (408) 855-9500.

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AppScan and AppShield are trademarks of Sanctum, Inc. All other product names referenced are the property of their respective owners and are hereby acknowledged.

For Immediate Release
Contact:

Diane Fraiman
Sanctum, Inc.
(408) 855-9500
[email protected]

Tara Dugan or Dara Sklar
Schwartz Communications, Inc.
(415) 512-0770
[email protected]

Ziv Goren-Yaakov
Donitza Marketing Communications
972-3-5167336
[email protected]

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