The First National Bank Of Ipswich (FNBI) Deploys Comodo Authentication Solutions

BROWSE BY CATEGORY

Computers

Education, Hardware

Linux & Open Source

Internet, Organizations

Games

Health

Home

Science

Sports

Society

Teens

Computers - Internet - COMODO

Release Date: October 25, 2007

The First National Bank Of Ipswich (FNBI) Deploys Comodo Authentication Solutions

By COMODO
October 25, 2007

SEND

PDF

CONTACT

Using PKI-based digital certificates; Comodo Two Factor Authentication Solution, EV SSL Certificates and Content Verification Certificates deliver strong site and user identity assurance protection that is FFIEC compliant; highly configurable, and is one of the lowest cost solutions on the market today.

PR9.NET October 25, 2007 - Jersey City, NJ - Comodo, a global Certification Authority and leading provider of Identity and Trust Assurance Management solutions, announced today that The First National Bank of Ipswich (FNBI) has selected a combination of Comodo solutions designed to provide site and user verification. FNBI will deploy Comodo's Two Factor Authentication solution, Comodo EV SSL certificates, and Comodo Content Verification Certificates. Together, these solutions are meant to provide FNBI with an online presence that is secure with a high level of identity assurance.

Based on strong Public Key Infrastructure (PKI), the Comodo solutions deliver a highly secure and innovative way to create a mutual-authentication model that confirms the site and user identity that is easy on the user and the bank. Importantly, these solutions leverage the mature and proven PKI platform so that banks can benefit from a holistic offering that provides ease of deployment, cost effectiveness, and a highly secure PKI platform for mutual authentication processes.

"We've chosen Comodo because they understand how to leverage the best-in-breed security while maintaining the convenience and ease-of-use of our online banking system," said Linda George, AVP of Support Service at The First National Bank of Ipswich. "From a total cost of ownership, Comodo's authentication system provided rapid integration with minimal rollout dependencies, which was a major advantage over any other solutions considered."

Maryjon Brett, SVP of IT & Operations for The First National Bank of Ipswich notes, "Our original two-factor solution was somewhat cumbersome. So we are very excited about the multiple solutions provided by Comodo. The addition of the Comodo EV SSL certificates and Comodo Content Verification Certificates solutions to their Two Factor Authentication solution allows us to stand-by our commitment to offer our customers user friendly state-of-the-art security solutions for their online transactions."

COMODO SOLUTION SUMMARY
1) Two Factor (TF) Client Certificates are a User Authentication Solution that is a High-Performance, Low Cost Solution Requiring Little 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. With Comodo TF, FNBI can support a high-performance two-factor solution while reducing operating costs. This two-factor solution offers significant advantages over other two-factor solutions:

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

2) EV SSL Certificates

These high assurance certificates provide encryption and authentication of business identity with a new confirming green indicator in the address bar delivered through the browser interface confirming site identity. This new class of SSL Certificates provides a new level of identity assurance for online banking customers and is a critical component of a fully integrated identity and trust assurance best practices approach to a trusted online banking experience.
3) Content Verification Certificates (CVC) protects customers from phishing, pharming, and man-in-the-middle attacks

# # #

Download PDF Version:
The First National Bank Of Ipswich (FNBI) Deploys Comodo Authentication Solutions

Contact Information of COMODO

Phone	+1 888 266 6361
Website	http://www.comodo.com
E-Mail	E-mail Address Protected
Address	525 washington blvd, New Jersey

About COMODO

The Comodo companies provide the infrastructure that is essential in enabling e-merchants, other Internet-connected companies, software companies, and individual consumers to interact and conduct business via the Internet safely and securely.