The growing concern over cyber-fraud ‘success’ over the past years highlights a critical gap in the often-targeted financial services sector. Security, both physical and logical is taken seriously in most aspects of the business; however, trusting that someone who is accessing your critical systems is who they say they are is, at best, a weak disconnect in securing your valuable data, IT assets and facilities. What is alarming is that most financial institutions rely on a simple userid and password as their identity management system for identifying and checking the credentials of an individual accessing physical and digital assets.
Both regulatory compliance and the battle against cyber-fraud are great motivators for financial institutions to revisit user authentication and identify credentials. Strong authentication, such as two-factor smart cards, are becoming critically important to protecting financial assets, customer data, IP and other confidential data. Dexa Trust for Finance delivers a turnkey solution, which includes a combination of services, software and devices, required to:
With Dexa Trust for Finance, financial institutions can move from the vulnerable userid and password method to strong authentication within weeks, and perform trusted safe business.
