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Green Armor unveils m-banking authentication platform

19 July 2007  |  1613 views  |  0 Source: Green Armor Solutions

Green Armor Solutions announced today the first complete authentication platform for securing access to web sites from mobile devices and smartphones such as Apple's iPhone, RIM's BlackBerry devices, Motorola's Q phone, Palm's Treo series, and other handheld computers.

The new Mobile Authentication Module for Identity Cues Two Factor assists financial institutions in ensuring proper FFIEC-mandated security is met when users access online banking from mobile devices. Green Armor's unique technology provides both multi-factor authentication and site authentication optimized for users accessing business systems from handheld devices, and delivers this unparalleled level of security without requiring users to install any software on the devices, re-enroll, carry additional security devices, or undergo extra steps during the login process.

Mobile banking offers customers convenient access to banking from essentially anywhere. Yet, it introduces serious risks of phishing and online fraud, as handheld devices typically do not have any anti-phishing technology built in, and criminals can easily implement phony web sites that mimic mobile-enabled banking sites. Green Armor's anti-phishing technology, now optimized for mobile access as well as computer-based web access, leverages human psychology in its design, and can help defeat such attacks.

Green Armor's system has consistently proven to be both more secure and more user-friendly than competing products. The Aite Group has described Green Armor as providing the "best site authentication," and Neil Steffen, Senior Manager at EPIC Advisors, noted that after comparing authentication solutions from several vendors he "found Green Armor's technology to be head-and-shoulders above those of the other firms. The Green Armor system simply offers a much better user experience as well as stronger security than the technology offered by competing providers."

Green Armor's Identity Cues series of enterprise authentication products now allows organizations to leverage a single authentication platform for both smartphone and computer-based web access. The technology offers unparalleled simplicity for users (users do not need to enroll, install any software, carry any extra security devices, memorize any new information, or perform extra steps during login) and advanced security (for example, offering multiple defenses against man-in-the-middle attacks as well as against next generation psychology-based attacks, both of which are surfacing as serious vulnerabilities in many authentication systems).

"With the delivery of our new Mobile Authentication Module, Green Armor Solutions now enables firms to offer users maximum access with maximum security and maximum convenience," said Shira Rubinoff, President of Green Armor Solutions.

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