FORUM Credit Union takes steps to protect members by introducing Comodo SAFE solution to secure financial transactions and communications

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Released on: 24, August 2006
, Author: Comodo Group Inc
, Audience: Software related

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Jersey City, NJ (August 24, 2006) - Comodo, a globalCertification Authority and leading provider of Identity and Trust AssuranceManagement solutions, announced today that Indiana based FORUM Credit Union isdeploying Comodo's S.A.F.E. solution (Safe and Authenticated Financial Engagements)to protect members from phishing and pharming attacks. FORUM will utilize keyelements in Comodo's S.A.F.E. Solution including VerificationEngine, High AssuranceSSL certificates, email certificates and HackerGuardian. Together, this suiteprovides FORUM members with increased verification of site identity and security inonline banking. Comodo was chosen by FORUM because Comodo's credentials andexpertise as a Certification Authority can deliver to FORUM members new technologyto ensure safe banking within a platform that is one of the easiest to deploy andproven to be very user friendly.

"Comodo's highly secure solution reflects our goal to create a high level of trustwith our members in their online transactions with FORUM" said Cameron Piercefield,Assistant Vice President, Technology of FORUM Credit Union. "The integrated solutionthat Comodo has introduced provides FORUM with a state-of-the-art security andcommunications infrastructure that is mission-critical, robust, extraordinarily costeffective, highly secure and flexible enough to accommodate future requirements."

FORUM Credit Union is deploying:

* VerificationEngine - an anti-phishing tool that lets users verify siteidentity through validated web content before they submit any sensitiveinformation into a log in box. Simply rolling the mouse over the log in box willdisplay a bright green "good to go" border outside the browser environmentmaking this trust indicator impervious to fraudsters and site imposters. Today,VerificationEngine (VE) can be used to verify the site identity of more than200,000 organizations including financial institutions, government agencies andpublic companies. * InstantSSL Certificates - a High Assurance SSL that provides encryption andauthentication of business identity - a key weapon in defending against onlinefraud. * Email certificates - email certificates will be used to digitally sign andencrypt sensitive communications, providing additional layers of security sothat members' personal information remains protected. * HackerGuardian - a daily vulnerability scanning and certification solutionthat will scan FORUM's web servers to ensure they are free of known securityvulnerabilities that hackers exploit. After the daily scan confirms site safety,FORUM's site will display the certification seal, called HackerShield TrustLogo,confirming the site's safety from hackers. This highly visible TrustLogo can beverified as authentic by members using VerificationEngine - making it the only"unspoofable" TrustLogo on the market today.

"FORUM Credit Union represents a progressive financial institution that recognizesthe value of creating a trusted online experience for their members." said AndrewPynes, Executive VP of Comodo. "As Comodo has set the standard for technology andservice excellence in authentication and online security, we look forward to workingclosely with FORUM to help members conduct online transactions securely andconfidentially."

About FORUM Credit Union

FORUM Credit Union (formerly Indiana Telco Credit Union) was organized by theemployees of Indiana Bell Telephone Company in 1941. Since then, FORUM has seentremendous growth and expansion of services, from a small office in the Bellbuilding to 11 proprietary branches and over 1,000 shared branch outlets nationwide.

FORUM is a leader in providing products and services for its members, being one ofthe first credit unions to offer share drafts, utilize ATM's and introduce a windowshome banking product. FORUM offers a wide range of products to our members throughwholly owned subsidiaries or through contract partnerships such as insurance,financial management and brokerage services, auto loans, mortgage lending, and taxpreparation services.

FORUM also offers leading edge lending solutions thru it's wholly owned subsidiary,FORUM Solutions, whose leading product TAPS Enterprise Lending is currently beingused by Credit Unions across the country.

About Comodo

Comodo is a leading global provider of Identity and Trust Assurance services on theInternet, with over 200,000 customers worldwide. Headquartered in Jersey City, NJwith global offices in the UK, Ukraine and India, the company offers businesses andconsumers the intelligent security, authentication and assurance services necessaryto ensure trust in online transactions.

As a leading Certification Authority, and in combination with the Digital Trust Lab(DTL), Comodo helps enterprises address digital ecommerce and infrastructure needswith reliable, third generation solutions that improve customer relationships,enhance customer trust and create efficiencies across digital ecommerce operations.Comodo's solutions include integrated Web hosting management solutions,infrastructure services, digital e-commerce services, digital certification,identity assurance, customer privacy and vulnerability management solutions. Foradditional information on Comodo - Creating Trust Online - please visit:www.comodo.com.


Source: Express-Press-Release.com
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