Green Armor: Lawsuit Filed by Phishing Victim Underscores Importance of Anti-Phishing Technology
February 16, 2010 - Hackensack, NJ - Green Armor Solutions, a leading provider of information security software, announced that a recent lawsuit filed against a bank by a victim of phishing underscores the importance of financial institutions utilizing proper authentication and anti-phishing technology. Experi-Metal Inc. (EMI) of Sterling Heights, MI has filed suit against Dallas-based Comerica claiming that Comerica exposed its customers to phishing attacks -- despite Comerica’s use of two-factor authentication using digital certificates for its online banking portal – since the phishing scam was able to circumvent these measures.
"We are proud that Green Armor's authentication technology helps defend against phishing, including the latest round of 'Phishing 2.0' type attacks," said Joseph Steinberg, C.E.O. of Green Armor Solutions. "We encourage financial institutions, healthcare providers, and others who handle sensitive Internet-accessible data to take proper precautions against phishing and not to rely strictly on classic authentication technologies, some of which have already proven vulnerable to these types of attacks."
For more information about Green Armor Solutions and its authentication offerings please visit:
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 leverage a unique blend of psychology and technology to help deliver maximum security with maximum user convenience. They provide strong two-factor authentication and site authentication thereby helping to protect 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 authentication products can help companies address security and privacy requirements as part of compliance initiatives for FFIEC/NCUA Authentication, HIPAA, and GLBA. Green Armor’s systems help secure numerous financial environments including those at First Bank, EPIC Advisors, and hundreds of credit unions. For more information please visit:
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