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Barclays signs up F-Secure for free AV package

Online banking customers offered help with "the invisible threat"...

Tags: antivirus, f-secure, barclays

By Tom Espiner

Published: 30 May 2006 08:35 BST

Barclays Bank is offering F-Secure's basic antivirus package to its 1.6 million active online customers for two years.

The bank has actually bought more than 1.6 million licences for F-Secure Anti-Virus.

Barnaby Davis, director of electronic banking at Barclays, said: "We had to be flexible enough to offer all our customers protection, so we have ample licences. Quite a few people will sign up, so we're going to need a fair few up our sleeves."

The basic package will include antivirus, anti-spyware, and anti-rootkit protection. It is billed as a free download but users can choose to pay for an installation CD and will also be charged for any customer support calls to F-Secure.

Richard Hales, country manager at F-Secure UK, told silicon.com sister site ZDNet UK: "It's a two-year agreement to provide cover and continuous [Barclays] customer support. Although if people signed up today then left Barclays they would still get a year's support. Hopefully that won't happen too much."

A two-year F-Secure subscription currently costs more than £45.

Hales said that as well as the commercial opportunity of selling the licences to Barclays, F-Secure is hoping consumers will decide to upgrade to a service with a personal firewall, parental controls and spam filter.

Hales said: "If people upgrade, it's another income opportunity for us."

Barclays first endorsed F-Secure products in January, with the launch of a 30-day trial of F-Secure Internet Security and the option to purchase the product on the Barclays website, for which Barclays entered into a licensing agreement with F-Secure.

Davis said: "We offered to subsidise F-Secure software because we believe it gives the best balance for functionality and support, plus continual background monitoring."

Barclays has offered antivirus products in the past to its online customers but believes this is the first time any bank has offered "free" antivirus software. The banking giant expects major competitors to follow suit.

Davis said: "I would expect [major banks] to look at this and reconsider their positions. To some extent I hope they do. As banks become increasingly impregnable, an easier route for criminals is to get credentials from customers, [especially] if they are totally unaware they've downloaded a keylogger. Let's help customers with the invisible threat."

Barclays chose F-Secure after putting the contract out to tender and investigating "a number of suppliers". F-Secure claims that several major antivirus companies competed for the contract.

Barclays says it chose F-Secure primarily due to its response times in pushing out signatures for new malware, and because of "high levels of customer service and support".

A factor in Barclays' eventual decision was also a desire to offer customers a recognisable brand to encourage take-up, said Davis.

After the contract ends, Barclays will either build antivirus into its service as an integral feature, or they "won't need to because security will be an integral part of the browsing or ISP experience," said Davis.

Some ISPs, such as BT, already offer some customer security as part of their broadband package.

As an additional safety feature, Barclays will also offer an SMS texting service that will notify customers of online banking activity.

Barclays' online customers who sign up to the package will receive a personal key code through the post within two weeks. Those customers who feel they need protection immediately can download a 30-day trial version of Internet Security from Barclays, or can ring F-Secure customer support.

Tom Espiner writes for ZDNet UK

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