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ActivIdentity Delivers Advanced Multi-Layered Cloud Security for Banks4TRESS Authentication Appliance Enables Banking Customers to Quickly and Affordably Meet 2011 FFIEC Mandate (February 20, 2012)
FREMONT, CA -- (Marketwire) -- 02/21/12 -- ActivIdentity®, part of HID Global, trusted leader in solutions for the delivery of secure identity, today announced highly-integrated fraud detection service and versatile authentication capabilities for its 4TRESS Authentication Appliance. The all-in-one platform and cloud-based service provide banking customers with an unmatched level of multi-layered strong authentication, enabling them to achieve increased security more conveniently and affordably across the network and in the cloud.
Banking organizations face increased risk from sophisticated cyber attacks, coupled with newly mandated FFIEC regulations over online banking security. Simultaneously, bank customers have stated a strong preference for mostly-transparent authentication methods to maximize convenience. ActivIdentity's 4TRESS Authentication Appliance helps banks meet all of these requirements.
- 4TRESS Fraud Detection Service device ID combines with the user's password or PIN to deliver two-factor authentication.
- If device ID anomalies are detected, policy can require additional FFIEC-compliant authentication methods to gain access.
- 4TRESS Authentication Appliance provides more than 15 FFIEC-compliant multifactor authentication methods which can be used with advanced device profiling for generally-transparent and always-secure online transactions.
- High-value transactions can require adding Out Of Band transaction-level verification (via SMS Text message or email to smart phone) to foil man-in-the-middle attacks.
- This cloud-based advanced device ID service provides real-time fraud prevention optimally convenient for end-users.
"We recognize the need for a cost-effective, in-depth security solution that is highly manageable and convenient for end-users," said Richard Love, CEO of AP Technology, a provider of secure banking solutions. "ActivIdentity's 4TRESS Authentication Appliance and Fraud Detection Service is delivered under one platform, which reduces bank integration costs while quickly and effectively addressing heightened regulatory requirements for online security."
4TRESS Authentication Appliance supports a cohesive bank fraud management framework with a wide range of strong authentication methods, including Web, mobile and PC soft tokens for multiple use cases, as well as transaction-level verification to tie to a high-risk activity response.
"With this enhanced offering, ActivIdentity is bringing together best-in-class strong authentication technology and real-time fraud prevention capabilities," said Christy Serrato, solutions marketing for financial services, ActivIdentity, part of HID Global. "The innovative 4TRESS Authentication Appliance solution is ideal for banks and other financial services organizations required to comply with the stringent FFIEC mandate, protect against emerging online attacks, and meet evolving business requirements and ever-changing user needs, such as multi-channel authentication on smart phones and tablet devices."
ActivIdentity, a global leader in identity assurance, enables customers to prove and establish trust in a person's identity when accessing resources on the network. The business's strong authentication and smart card solutions are relied upon by more agencies, including the U.S. Department of Defense, than any other provider, and has issued more than 100 million credentials to enterprise, government and commerce customers. ActivIdentity is headquartered in Silicon Valley, California. ActivIdentity is part of HID Global, an ASSA ABLOY Group brand. For more information, visit www.actividentity.com
ActivIdentity is a registered trademark in the United States and/or other countries. All other trademarks are the property of their respective owners in the United States and/or other countries.
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