ActivIdentity cloud security product targets banks
22 February, 2012
category: Digital ID, Financial
ActivIdentity has added a fraud detection service and authentication capabilities to its 4TRESS Authentication Appliance. Targeted to the banking industry, 4TRESS offers multi-layered strong authentication for both network and cloud services.
4TRESS provides real-time fraud prevention and helps banks protect themselves against cyber attacks and meet FFIEC regulations. It delivers two-factor authentication through a device ID coupled with a user password or PIN. Banks can define further FFIEC-compliant authentication policies should anomalies be detected on the device.
The appliance also has more than 15 FFIEC-compliant multi-factor authentication methods to enable banks to provide extra device profiling while maintaining transparency and a secure environment for online transactions.
Banks can add an Out of Band transaction-level verification for large transactions. Other supported authentication methods include Web, mobile and PC soft tokens.