US Bancorp teams up with VeriSign on banking security

Wednesday, 27 October 2004, 2:06 PM EST

The bank will use VeriSign's Unified Authentication service to validate and secure interactions with commercial banking customers, providing them with a secure USB token that they must use when accessing services online.

The deal is just the latest evidence of renewed interest in so-called "multifactor" authentication within the banking industry, which is struggling with an epidemic of sophisticated online identity theft scams, according to Judy Lin, executive vice-president for VeriSign's security services.

By Paul Roberts at MicroScope.

[ Read more ]




Spotlight

Hope is not a strategy, we need more healthy paranoia

35 percent of security experts believe leadership within their organization lacks a healthy paranoia, with 21 percent of leadership "relying on hope as a strategy" to avoid a cyber security breach.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Mon, Aug 31st
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //