The Company will Deploy RSA Security's Proven Risk-Based Authentication and
Site-to-User Authentication Technologies
BEDFORD, Mass., July 20 /PRNewswire-FirstCall/ -- RSA Security (Nasdaq:
RSAS) announced today that Zions Bancorporation (Nasdaq: ZION) has chosen
RSA Adaptive Authentication for its online banking system. RSA Security's
proven risk-based authentication and site-to-user authentication solutions
will provide fraud and identity theft security to Zions customers accessing
its services over the web.
Customers of Zions Bancorporation will soon have an even higher level
of protection against fraud and identity theft with the addition of RSA
Security's multifactor authentication solution.
"Through our eight subsidiaries, we service a diverse customer base,
from small businesses to individuals to corporations," said Preston Wood,
senior vice president and chief information security officer of Zions
Bancorporation. "By leveraging RSA Security's powerful authentication
solution we not only provide a higher level of security for our customers,
but we are able to use risk management and transaction analysis tools that
allow us to be proactive in identifying potentially fraudulent activities."
The new system goes to work even before the login process begins. Using
the customers' own computers as a second factor of authentication, it
provides a positive identification based on device and network forensics,
behavioral analysis and other parameters. Then it quickly and transparently
scores transactions according to the perceived level of risk and
automatically adds additional security measures if needed, all with minimal
impact to the online banking customer. The RSA Security solution also
delivers site-to-user authentication with a shared secret image and text
phrase to allow Zions to authenticate itself to the online banking customer
in order to protect against phishing, pharming and other spoofing attacks
and instill confidence in the channel.
"The management of Zions Bancorporation recognizes the critical
importance of assuring its customers that they can conduct online
transactions anytime and anywhere without worrying about the security and
integrity of the computer network," said Chris Young, Senior Vice President
and General Manager, Consumer Solutions Division, RSA Security. "Using RSA
Adaptive Authentication, Zions can achieve optimal security while enjoying
a flexible solution that fits the widest range of customer needs and
preferences." Zions has taken a proactive and layered approach to security.
It has also deployed RSA FraudAction(TM), the Company's 24x7 anti-phishing
service, and is a member of the RSA eFraudNetwork(TM) community, the
world's leading network geared towards fighting online financial fraud.
With membership comprising thousands of financial institutions worldwide,
the eFraudNetwork collates some of the best, most up-to-date intelligence
from across the globe in real time, giving financial institutions
instantaneous information and immediate protection.
About RSA Security Inc.
RSA Security Inc. is the expert in protecting online identities and
digital assets. The inventor of core security technologies for the
Internet, the Company leads the way in strong authentication, encryption
and anti-fraud protection, bringing trust to millions of user identities
and the transactions that they perform. RSA Security's portfolio of
award-winning identity & access management solutions helps businesses to
establish who's who online - and what they can do.
With a strong reputation built on a 20-year history of ingenuity,
leadership and proven technologies, we serve more than 21,000 customers -
including financial institutions representing hundreds of millions of
consumers around the globe - and interoperate with over 1,000 technology
and integration partners. For more information, please visit
http://www.rsasecurity.com
About Zions Bancorporation
Zions Bancorporation is one of the nation's premier financial services
companies, consisting of a collection of great banks in select high growth
markets. Zions operates its banking businesses under local management teams
and community identities through over 450 offices and 500 ATMs in 10
Western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico,
Oregon, Texas, Utah and Washington. The company is a national leader in
Small Business Administration lending and public finance advisory services.
In addition, Zions is included in the S&P 500 and NASDAQ Financial 100
indices. Investor information and links to subsidiary banks can be accessed
at http://www.zionsbancorporation.com.
Media contacts:
RSA Security: Matt Buckley
781-515-6212
mbuckley@rsasecurity.com
SOURCE RSA Security Inc.
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Related links:
http://www.rsasecurity.com/
CONTACT:
Matt Buckley of RSA, +1-781-515-6212,
mbuckley@rsasecurity.com
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