Excel Bank selects Datakey for secure online ID management

Source: Datakey

Datakey, Inc. (OTC Bulletin Board: DKEY), a leading provider of information security products that simplify and secure authentication to corporate information systems, announced today that Excel Bank Minnesota has selected Datakey Axis to provide secure identity management for its employees when accessing network applications.

"We chose Datakey Axis because it actually exceeded our stringent security requirements and at the same time, is easy-to-use and install," said Craig Boivin, chief information officer at Excel Bank in Minneapolis. "Axis provides two-factor authentication using a USB token and PIN number. Our employees are no longer burdened with multiple passwords, and the IT department no longer has to reset passwords that have been forgotten. The greatest benefit is that passwords are centrally managed through Datakey Axis and can be changed according to our IT policy, without involving (or bothering) users. Axis allows me to increase user convenience and security while decreasing administration costs."

Excel Bank, as an FDIC insured financial institution, is required to establish and enforce strict security policies that include securely identifying employees accessing bank applications. Users routinely require access to six or seven network applications on a daily basis, making management of secure access using complex passwords a challenge for both employees and IT. Datakey Axis resolves these issues by securing access with simple-to-use two factor authentication. Each user's complex passwords are consolidated onto one USB token that, along with Axis software and the user's single token PIN, automates and secures access to all applications. This single sign-on simplifies access for employees and benefits IT as well -- Datakey Axis is easy to implement, requires no infrastructure change, and requires minimal user training.

"We designed Datakey Axis to meet the security needs of organizations that rely on their network for daily business-critical services," said Tim Russell, CEO of Datakey. "We are pleased to help Excel Bank enforce internal network and application security measures while simultaneously increasing user and administrator productivity leading to a demonstrable return on investment (ROI)."

Comments: (0)