National Bank of Canada beefs up Web banking security

Source: National Bank of Canada

National Bank (Toronto:NA.TO) is now offering Reinforced Security, an additional level of security to ensure that the highest possible protection standards are upheld for personal and commercial Internet banking transactions.

Now, in addition to entering their access code and password, clients must now answer a secret question they provided when they registered for Internet banking if the system does not recognize their computer. This new identification requirement will provide the Bank with a greater degree of certainty that the individual attempting to view an account is in fact the accountholder. Implementation of Reinforced Security began in January 2008 and will continue over the coming weeks.

Ensuring the security of the environment in which our clients carry out their transactions, whether at an ABM, on the Internet or in our branches, is a constant concern for the Bank.

With this additional security measure, personal and commercial banking clients can use our Internet Banking Solutions with complete peace of mind.

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