Tampa Bay Federal Credit Union Selects Green Armor Solutions for Online Banking Authentication
Cites Green Armor’s Stronger Security and Better User Experience
TAMPA, FL and HACKENSACK, NJ – February 5, 2007 – Tampa Bay Federal Credit Union (Tampa Bay Federal), which has more than 40,000 online members, announced today that it has selected Green Armor Solutions™ to implement two-factor and site/mutual authentication to secure Tampa Bay Federal’s online banking systems. Tampa Bay Federal reported that the selection followed a thorough process of comparing authentication options from several vendors.
Green Armor Solutions will enable Tampa Bay Federal to strengthen authentication for online banking and to meet NCUA and FFIEC security guidelines without sacrificing user friendliness, and without forcing Tampa Bay Federal’s members to endure enrollment processes or extra steps during each login. The system will also provide simple, straightforward, and psychologically efficient site authentication, helping to protect Tampa Bay Federal’s members from phishing scams and related fraud without requiring effort by end-users.
“We at Tampa Bay Federal were looking to implement strong authentication for online banking without sacrificing the usability and user-friendliness that our members have grown to expect,” explained Cindy Walker, Executive Vice President and Chief Operating Officer. “We compared authentication systems from numerous vendors including Corillian and RSA-Passmark. Green Armor is clearly unique in its ability to deliver strong security with essentially no usability trade off; their psychology-based solution allows us to simultaneously enhance both security and user-friendliness.”
Green Armor Solutions' Identity Cues™ series of enterprise software products leverages a combination of psychology and technology, thereby delivering a solution that is both more effective and easier to implement than alternative offerings. It stands out in its simplicity for users (they do not need to enroll, install any software, carry any devices, memorize any information, or perform extra steps during login), and its 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 beginning to surface as serious vulnerabilities in many authentication systems).
"We are delighted to have been selected as the authentication platform for Tampa Bay Federal,” said Shira Rubinoff, President of Green Armor Solutions. "It is exciting to once again have been compared against other authentication systems and emerge as the only technology that can deliver greatly improved security without adversely impacting users.”
More information about Green Armor Solutions and its Identity Cues series of products can be found on the Green Armor Solutions web site at: http://www.greenarmor.com/.
About Green Armor Solutions Inc.
Green Armor Solutions offers innovative solutions to information-security challenges facing today's businesses. Its Identity Cues series of products (all patent-pending) leverage a unique blend of psychology and technology to help deliver maximum security with maximum user convenience. They provide strong two-factor authentication (exceeding FFIEC and NCUA guidelines) as well as effective site authentication (mutual authentication) that protects against phishing, pharming, and online fraud, while allowing users to continue to enjoy the simple, comfortable user experience with which they are already familiar. Identity Cues products can help companies address security and privacy requirements as part of compliance initiatives for FFIEC/NCUA Authentication, HIPAA, and GLBA.
About Tampa Bay Federal Credit Union
Tampa Bay Federal Credit Union is a federally chartered credit union with nearly half-a-billion dollars in assets. Founded in 1935, Tampa Bay Federal offers financial services to individuals and businesses in the greater Tampa Bay area. Personal and business checking/savings, home loans, auto and personal loans, credit cards, business loans, financial planning, investments and insurance are all available at Tampa Bay Federal.
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