HelloWallet Achieves VerAfied High Assurance Security Certification

HelloWallet Achieves VerAfied High Assurance Security Certification

Revolutionary Online Service Receives Veracode’s Highest Security Mark After Independent Review and Analysis

Washington, DC and Burlington, MA – March 9, 2010 – HelloWallet, provider of a revolutionary financial guidance and management service for consumers, and Veracode Inc., provider of the world’s leading Application Risk Management Services Platform, today announced that HelloWallet has earned the VerAfied™ High Assurance security mark. This recognition reflects the results of Veracode’s independent review and assessment of HelloWallet’s software and infrastructure, and demonstrates HelloWallet’s deep commitment to securing its users’ identities and data.

HelloWallet provides its members with tools to create customized financial plans, 24/7 personal money-management and monitoring. HelloWallet also offers an individualized bank shopper service, which looks at over 90,000 different financial establishments to find better prices and rates on financial products. The results of Veracode’s independent evaluation assure HelloWallet’s customers, both consumers and enterprises, that their personal financial data is secure.

“We selected Veracode to perform a comprehensive analysis of our product and runtime environment because we believe that independent security assessment is a key ingredient to any meaningful security strategy,” said Matt Fellowes, CEO, HelloWallet. “Veracode’s expertise, flexibility and product innovation distinguished them from the pack and we are thrilled to have earned their highest mark.”

The VerAfied security mark is a quality indicator for the security level of applications and software components. Achievement of the VerAfied mark validates the software provider’s commitment to improving software security. Veracode’s ratings are independent, completely transparent and based on industry accepted standards for software assessment from NIST, CWE and CVSS against vulnerability benchmarks such as the OWASP Top 10 and CWE-SANS Top 25.

“Consumers can rest assured when there is rigorous, independent proof that the Internet services to which they entrust their private data are developed and operated securely,” said Matt Moynahan, CEO of Veracode. “The VerAfied High Assurance security mark differentiates HelloWallet in the market, showing customers and partners that not only are they committed to the idea of security, they have met the rigorous industry standards that actually make software secure.”

A listing of software vendors who have achieved the VerAfied mark is available at: http://www.veracode.com/ratings 

About Veracode
Veracode provides the world’s leading Application Risk Management Services Platform.  Veracode SecurityReview’s patented and proven cloud-based capabilities allow customers to govern and mitigate software security risk across a single application or an enterprise portfolio with unmatched simplicity.  Customers include the world’s largest and most security aware organizations in every industry.  Recognized as a Gartner “Cool Vendor,” The Wall Street Journal’s “Technology Innovation Award,” The Banker’s “Information Security Project of the Year” with Barclays, SC Magazine’s “Best Vulnerability Assessment Solution,” Information Security “Readers’ Choice Award,” and AlwaysOn Northeast's "Top 100 Private Company,” Veracode is Software Security Simplified™.  For more information, visit http://www.veracode.com/.

About HelloWallet
HelloWallet is the most powerful online, independent financial guidance service in the United States. Its members are provided with customized financial plans, 24/7 personal money management and monitoring, and an individualized bank shopper service, which looks at over 50,000 different financial products to find better prices for its members. HelloWallet also proactively identifies financial health threats and savings opportunities for its members, helping them avoid costly financial missteps and make sustainable improvements in their financial health.

HelloWallet is available directly to consumers as well as through our institutional partners, which collectively represent over 3.5 million people. Its commitment to democratize access to trustworthy, sophisticated financial guidance has been widely honored, including at the Clinton Global Initiative’s 2009 Annual Meeting. For more information, visit www.hellowallet.com.