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RSA Security Teams with Verid to Offer Financial Institutions Advanced Strong Authentication Technology

  Verid's knowledge-based authentication to be integrated into the RSA(R)
                      Adaptive Authentication solution

    BEDFORD, Mass./FT. LAUDERDALE, Fla., Sept. 15 /PRNewswire-FirstCall/ --
RSA Security announced today that it has teamed with Verid in order to
further expand the range of strong authentication technologies included in
its comprehensive RSA(R) Adaptive Authentication solution. RSA Security
will integrate Verid's widely-adopted knowledge-based authentication (KBA)
technology into the RSA Adaptive Authentication platform.
    "Verid is a clear leader in providing knowledge-based authentication,
which both we and our customers believe is an important part of a
comprehensive approach to consumer protection," said Chris Young, senior
vice president and general manager, Consumer Solutions Division, RSA
Security. "The RSA Adaptive Authentication solution is designed to meet the
needs of various consumer segments as well as the different business
requirements in the financial industry. Verid's knowledge-based
authentication is another great addition to our mix of secure and
user-friendly technologies."
    RSA Security's risk-based authentication technology analyzes every
online transaction and scores the potential fraud-risk based on a broad
range of metrics. Additional authentication is invoked -- in real-time --
for high-risk transactions. To date, the main methods of additional
authentication included an automated phone call or secret questions. Now,
Verid's knowledge-based authentication will also be offered to financial
institutions as an option for high-risk situations.
    Verid's knowledge-based authentication technology presents consumers
with a series of personalized questions based on deep background data
derived from a variety of public and commercially available information
sources. The technology conducts sophisticated analytics to build a
comprehensive knowledge profile and guides the consumer through an
intuitive and interactive process until identity is confirmed.
    "We're delighted to partner with a leader like RSA Security," said
Chris Rickborn, COO of Verid. "The combination of our advanced KBA
technology with the proven RSA Adaptive Authentication solution provides
financial institutions and other businesses with a combination of robust
technologies that will fit numerous security needs, preferences and
scenarios."
    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, RSA serves more than 21,000 customers
-- including financial institutions representing hundreds of millions of
consumers around the globe - and interoperates with over 1,000 technology
and integration partners. For more information, please visit
http://www.rsasecurity.com.
    About Verid
    Verid is the leading provider of real-time Knowledge Based
Authentication solutions that accurately verify identity without
compromising consumers' comfort, convenience or privacy. Verid's clients
include top financial institutions, wireless telecom providers, leading
payment processors, employer services and retailers who have implemented
KBA as part of their consumer authentication strategy. Verid's KBA service
helps businesses manage identity risk and establish and maintain high
quality customer relationships. For further information regarding Verid,
please visit the Web site at http://www.verid.com, or call toll-free at
1-888-533-5300.
    RSA, the RSA logo and RSA Adaptive Authentication are either registered
trademarks or trademarks of RSA Security Inc. in the United States and/or
other countries. Verid is either a registered trademark or trademark of
Verid Inc. All other products or services mentioned are trademarks of their
respective companies.
    For more information:

    Erica Pereira                                 Matt Buckley
    OutCast Communications                        RSA Security Inc.
    (415) 345-4728                                (781) 515-6212
    erica@outcastpr.com                           mbuckley@rsasecurity.com

    Deb Montner
    Montner & Associates, for Verid
    (203) 226-9290
    dmontner@montner.com


SOURCE RSA Security




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Related links:
  • http://www.rsasecurity.com
  • http://www.verid.com
    CONTACT:
    Erica Pereira, of OutCast Communications for
    RSA Security Inc., +1-415-345-4728, erica@outcastpr.com; or Deb
    Montner, of Montner & Associates for Verid, +1-203-226-9290,
    dmontner@montner.com; or Matt Buckley of RSA Security Inc.,
    +1-781-515-6212, mbuckley@rsasecurity.com