Fidelity licenses PKWARE's SecureZip for identity theft prevention
29 November 2005 | 2286 views | 0
Source: Fidelity Information Services
PKWARE, the leading provider of enterprise solutions for secure and efficient data transfer and storage, today announced that Fidelity Information Services (Fidelity), a division of Fidelity National Financial, Inc. is implementing SecureZIP within its data centre to protect sensitive information exchanged with its financial services customers and business partners from identity theft or accidental exposure.
"Protecting consumer data from theft or exposure is an extremely high priority for us, and our banking customers look to us for leadership in implementing solutions to prevent identity theft," said Joe Nackashi, Chief Technology Officer of Fidelity Information Services. "We conducted an extensive evaluation of many alternative security solutions before deciding on SecureZIP. It clearly provided the lowest risk, highest performance, as well as the easiest integration and support options for our existing infrastructure. And the fact that we've been using PKWARE's cross-platform solutions since 1999 for streamlining our data centre information storage and transfer gave us additional confidence."
Fidelity exchanges large volumes of information on a daily basis with banks, mortgage companies, insurance companies, tax companies and government-sponsored entities. This information is transferred via FTP or copied to CD/tape from FIS' UNIX servers and mainframes. With SecureZIP, FIS can efficiently protect their data with strong encryption, making it virtually impossible for anyone except authorised parties to access files.
"Fidelity is not only the leading provider of information processing for the mortgage industry, it is also a leader in implementing state-of-the-art solutions for preventing identity theft." said Tim Kennedy, President and Chief Operating Officer of PKWARE. "We are extremely pleased to be supporting Fidelity's proactive initiatives in ensuring the highest degree of security for their customer transactions."