RSA signs Japanese banks to SecurID two-factor authentication system
27 January 2006 | 9268 views | 0
US-based RSA Security has signed Sumitomo Mitsui Banking Corporation (SMBC) and Japan Net Bank to its two-factor authentication technology, SecurID.
RSA says the banks will use the technology to secure customer Web banking transactions and help protect consumers against account fraud, phishing and other online security threats.
Internet-only bank Japan Net, which will roll out the two-factor authentication tokens to over one million of its banking customers, says RSA SecurID was selected for its ease-of-use, portability and operatability in a variety of environments including PCs, mobile phones and telephone banking.
SMBC will provide the two-factor technology to users of its One's Direct Internet banking service, a network with over six million customers.
Christopher Young, VP consumer authentication, RSA Security, says: "As financial institutions strive to better protect their online banking customers, these organizations seek solutions that are flexible, adaptable, and easily implemented across multiple channels."