The Centers for Medicare & Medicaid Services (CMS) have chosen Experian and Symantec’s joint two-factor credentialing product for enterprise remote identity proofing and multi-factor authentication credentialing. This decision is part of Science Applications International Corporation’s $78 million contract to help CMS solve problems in conjunction with serving the uninsured population.
The joint credentialing product cuts down on fraud risk and gives more than 35 million U.S. citizen secure online access to the State and Federal Health Insurance Exchange. The system complies with NIST SP 800-63-1 and has Level 3 Assurance.
The product draws on Experian’s Precise ID platform and Symantec’s Validation and ID Protection Service. Precise ID features risk-based identity proofing through a multi-factored risk assessment. The cloud-based Validation and ID Protection Service allows CMS to provide secure online access and transactions, enabling compliance and reducing fraud risk. This occurs through generation of a one-time password via the user’s credential.
This contract allows Experian and Symantec to continue their goal of growing their share of the public sector market.