Press Release PR9.NET
Home Submit Press Release Search Archives
Press Release
Advanced Search

Business Business
Associations, Trade
Business Services
Human Resources
Publishing & Printing
Marketing & Advertising
E-Commerce, Financial
Real Estate

Computers Computers
Entertainment Entertainment
Games Games
Health Health
Home Home
Science Science
Sports Sports
Society Society
Teens Teens
Press Release Category Business - E-Commerce - Comodo Inc Release Date: February 15, 2007

Spokane Teachers CU Deploys Comodo Two Factor Authentication Solution To Meet FFIEC Guidelines

By Comodo Inc
February 15, 2007
Send SEND Print PRINT Download PDF Version PDF Contact Comodo Inc CONTACT

PKI based client certificates deliver strong identity assurance protection that is highly configurable at lowest cost solution on the market today

PR9.NET February 15, 2007 - Jersey City, NJ - Comodo, a global Certification Authority and leading provider of Identity and Trust Assurance Management solutions, announced today that Spokane Teachers Credit Union has deployed Comodo's S.A.F.E. solution (Secure and Authenticated Financial Engagements) for credit unions. First stage was the successful deployment of Comodo's PKI-based Two Factor (TF) authentication solution that complies with FFIEC guidelines.


1) Two Factor (TF) Client Certificates for a High-Performance, Low Cost Solution with No Integration

Financial institutions are under pressure to comply with Federal Financial Institutions Examination Council (FFIEC) guidelines to strengthen their mutual authentication processes for online banking transactions.

The implementation of a multifactor solution requires ease of integration, ease of adoption by credit union members and ease of configurability. With Comodo TF, Spokane can support a high-performance two- factor solution while reducing operating costs. This two-factor solution offers significant advantages over other two factor solutions:

* The only PKI based two factor solution – PKI is considered by analysts as one of the strongest forms of authentication available for online security
* Lowest cost solution due to an established PKI infrastructure and digital certificate lifecycle management processes
* Virtually the easiest multi-layer solution for members to adopt because there is no change in members' online banking behavior once a DigitalID has been created. Members conveniently continue to use their existing usernames and passwords.
* High level of flexibility and configurability for the credit union
* Solution can be deployed in days
* Ease of customer support

"We've chosen to implement an approach that leverages the best-in-breed security while maintaining the convenience and ease-of-use of our online banking system," said Danny Jones, Web Solutions Manager of Spokane Teachers Credit Union. "From a deployment perspective, Comodo's authentication system provided rapid integration with minimal rollout dependencies, which is a major advantage over any other two-factor solution we evaluated."

Other key elements in Comodo's S.A.F.E. Solution that Spokane Teachers Credit Union may be deploying include:

2) Content Verification Certificates (CVC) that protect members from phishing, pharming, and man-in-the-middle attacks

The second part of the mutual authentication model includes Comodo's unique Content Verification Certificates that authenticate web content (such as a log-in box or graphics) to authenticate site identity. This is the only digital certificate on the market today that protects against man-in-the middle attacks as this solution alone delivers non-browser "green good to go" indicator confirming site identity.

With this technology, Spokane's members can verify the credit union's identity using a reader (VerificationEngine) which they download as easily as Adobe Reader™. Moreover, since VE now authenticates the identity of over 200,000 home page logos content, this solution delivers added-value to Spokane's members.

3) EV SSL Certificates - High Assurance SSL Certificates

4) Email certificates for Secure Email Communications

Email certificates will be used to digitally sign and encrypt sensitive communications, providing additional layers of security so that members' personal information remains protected.

5) HackerGuardian™ – Daily Vulnerability Scanning and Certification Solution

6) SiteMon – Website Continuity Monitoring Service

SiteMon is a website continuity monitoring service that automatically checks websites every 10 minutes to ensure they are up, running, and viewable to the public.

# # #

Contact Information of Comodo Inc Contact Information of Comodo Inc
Phone 1 888 266 6361
FAX 1 201 963 9003
E-Mail E-mail Address Protected
Address 525, Washington Blvd,
Jersey CIty
NJ 07310

About Comodo Inc

Comodo, through its group of Internet security companies, is a leading Certification Authority and global provider of Identity and Trust Assurance services on the Internet. Comodo secures and authenticates online transactions and communications for over 1,000,000 business and millions of consumers.With a global presence in the US, UK, Ukraine, and India, Comodo offers businesses and consumers third-generation solutions for intelligent security and authentication technologies that create trust online. Comodo's technological expertise includes PKI digital certification, integrated authentication infrastructure services, regulatory compliance solutions and digital e-commerce services.The Comodo companies develop technologies that address critical authentication and security needs with proven and reliable solutions such as SSL certificates, Mutual Authentication solutions, PCI compliancy services, Desktop Security, Code signing certificates, identity and vulnerability management solutions.

Recent News Headlines
  • Connection to the Real World: Revelation is Revealed
    Shincheonji, Church of Jesus will be holding a weekly bible seminar for 2 months. The seminar will explain the prophecies recorded in the book of revelation based on the 5W1H method. ...

  • Highway to Smell
    Wesseling, Germany, October 2021. Over 17 years ago the Colognian entrepreneur Guido Lenssen created with VULVA Original® the world's first scented water with a real vaginal scent. With a “Big Bang”, i.e. new unique products the new online shop will be celebrated and presented on October 1st! ...

  • MCS Stonecare Celebrate 30 Years in Business
    MCS Stonecare are incredibly proud of their achievements. They are happy to announce continuous success and growth through their 30 years in the stone cleaning and restoration trade. ...

  • Buckinghamshire Carpet Cleaner Announces Secret to Success
    The recent years have been a real challenge for so many. A large part of this has been focussed on businesses of all sizes. A-Mark Cleaning Services have announced their secret to success throughout this period. ...

  • Orlando received Hispanic investors and professionals from all over in Lake Nona
    Hispanic investors and finance and real estate professionals from all over the world met in-person and online at the Inversionistas Hispanos 2021 conference in Lake Nona, Orlando (FL). ...

More Press Releases
Industry Category of Current Press Release
    Copyright © 2004 - 2014 PR9.NET - All rights reserved RSS Feeds Submit Press Release Terms of Service Privacy Policy