RSA(R) Consumer Account Protection Solution Provides Banking Customers the
Peace of Mind to Conduct Business Online
VIENNA, Austria, Oct. 17 /PRNewswire-FirstCall/ -- RSA Security Inc.
(Nasdaq: RSAS) today announced a series of financial institutions that are
offering worldwide online banking customers the RSA SecurID(R) two-factor
authentication solution to help protect against account fraud, phishing and
other online security threats. These organizations selected the
RSA(R)Consumer Account Protection solution because of its ease of use, ease of
deployment and ability to deliver substantially increased levels of security
for online transactions.
These customers join a portfolio of worldwide financial institutions, such
as American Bank, Credit Suisse, E*TRADE Financial and Stonebridge Bank, that
offer RSA Consumer Account Protection to online banking customers. New
customers deploying RSA Consumer Account Protection solutions include:
* Banorte - one of the premier banks in Mexico and the first to offer two-
factor authentication to customers for online banking, Banorte was
recently awarded "Best Bank in Mexico" by Banker Magazine. Banorte has
deployed over 230,000 RSA SecurID tokens; of these, 80,000 are for
corporate account holders who have been using the tokens for the past
five years.
* Banco Davivienda S.A. - located in Bogota, Colombia, Banco Davivienda is
the third largest bank in the country with more than 2.2 million
customers. The bank authenticates more than 23,000 online logins a
month using RSA SecurID tokens.
* FirstCaribbean International Bank - Located in 16 countries throughout
the Caribbean, FirstCaribbean International Bank is one of the largest
financial institutions in the region. The bank is deploying a large
number of tokens to Internet Banking customers to secure access to fund
transfers and other services.
* National Bank of Abu Dhabi - the first bank in the Middle East to supply
two-factor authentication to its online banking customers, National
Bank of Abu Dhabi is deploying over 19,000 customized RSA SecurID
tokens to online banking customers.
* ProCreditBank - a development-oriented full-service bank located in
Germany and focused on lending to micro, small and medium-sized
enterprises, ProCredit Bank selected RSA SecurID technology to shield
its online banking customers in Kosovo from fraud and phishing attacks.
* UniCredit Banca - the leading bank in Italy and one of the top-ranking
banks in Europe, UniCredit is planning to deploy RSA SecurID tokens to
over 500,000 of its online banking customers.
The rise in popularity of online banking has been a boon to the world's
banking industry. However, studies have shown that consumers are concerned
about identity theft and online fraud, and would be willing to transact more
online if stronger authentication measures were provided. RSA Consumer
Account Protection solution addresses these needs, eliminating vulnerable
passwords and protecting consumers online.
"After a thorough review of the two-factor authentication market, we chose
the RSA SecurID solution because it is so reliable, cost-effective and easy to
integrate with our existing information technology systems," said Alejandro
Patino, chief information security officer at Banco Davivienda S.A. "It has
helped instill confidence in our online banking customers and helped us
optimize internal processes resulting in help desk cost reductions. We expect
that RSA Security will serve us well in the future, even as two-factor
technology changes and gets more sophisticated."
"It is well known that online banking customers are willing to move to a
different banking institution if their current bank is not taking prudent
steps to protect their confidential banking information. Strongly
authenticating customers is a key stepping stone to properly protecting
information and retaining customers," said Alessandro Colafranceschi, head of
online banking at UniCredit Banca. "We chose RSA Security's consumer account
protection solution because we wanted to offer our customers a proven but
progressive security solution that was also convenient: simple for our
customers to use and easy for us to integrate and deploy. RSA Security
delivered on these requirements."
"Online attacks are becoming more sophisticated and consumers are feeling
less confident in conducting transactions online. But steps can be taken to
effectively protect their personal and financial information and bolster their
confidence," said Chris Young, vice president of consumer authentication at
RSA Security. "RSA Security offers organizations convenient solutions that
will not only help customers overcome these fears and take advantage of all
that online banking has to offer, but that will also easily fit into their
everyday lifestyle."
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 and encryption, 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 18,000 customers around
the globe and interoperate with more than 1,000 technology and integration
partners. For more information, please visit http://www.rsasecurity.com.
RSA, RSA Security and SecurID are either registered trademarks or
trademarks of RSA Security Inc. in the United States and/or other countries.
All other products and services mentioned are trademarks of their respective
companies.
For more information:
Courtney Hohne Dave Howell
OutCast Communications RSA Security Inc.
(415) 345-4735 (781) 515-6303
rsa@outcastpr.com dhowell@rsasecurity.com
SOURCE RSA Security Inc.
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Related links:
http://www.rsasecurity.com
CONTACT:
Dave Howell of RSA Security Inc.,
+1-781-515-6303, dhowell@rsasecurity.com; or Courtney Hohne of
OutCast Communications for RSA Security Inc., +1-415-345-4735,
rsa@outcastpr.com
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