Godo Chooses Comodo to Deliver Proactive Security and Authentication to Online Banking Customers

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Released on: 19, July 2007
, Author: Comodo Group
, Audience: Software related

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Jersey City, NJ (July 19, 2007) - Comodo, a global leader inIdentity and Trust Assurance Management solutions, announced today that Godo, aleading credit union headquartered in Suriname, has chosen Comodo to deliverauthentication to its online banking customers, as its online function prepares tolaunch. Godo will utilize Comodo's Two Factor Authentication for authenticating theuser to the institution, Comodo's Content Verification Certificate (CVC) to protectkey content from being spoofed by a phisher, and an EV SSL certificate for onlinevisual authentication of the site's identity. Banking in Suriname is a non-regulatedindustry, so authentication is not a requirement, nevertheless Godo has chosen toproactively deliver authentication as online consumers seek greater protection.

"We chose to employ Comodo's Authentication Solutions to clearly demonstrate ourcommitment to securing our customers' trust," said Jerry Robles de Medina. "We feltit was an important decision that will help stimulate our growth. Online customersare demanding authentication more and more, and if we want to keep the customers wehave and bring in more new members, Comodo Authentication Solutions are optimalsolutions."

Comodo Authentication Solutions are effective low-cost solutions with littleintegration that are easily configured and quickly deployed. Because ComodoAuthentication Solutions are based on an established PKI infrastructure and digitalcertificate lifecycle management processes, operating costs are greatly reduced.Further, PKI is recognized by industry leaders around the world as a best practicein online security and authentication. Motivated by these factors, Godo made astrategic business decision to deploy Comodo solutions to both maintain its currentmember base and to attract new customers.

"By choosing Comodo Authentication Solutions, Godo recognizes the competitiveadvantages of adopting a best practices approach to online security." said IgorSeletskiy, Comodo's Director of Technology. "This sets a precedent for many otherorganizations to follow and shows that digital authentication is no longer anoptional add-on but a core growth requirement."

Godo plans to have its online banking arm in full operation by September. For moreinformation on Comodo Authentication Solutions, please visithttp://www.comodo.com/ba nking.About Godo

Godo Credit Union was established December 10, 1971 and is now, with more than40,000 members, the biggest credit union in Suriname. As a credit union, theyprovide several services to their members, including loans, deposits, ATM, telephonebanking and, later this year, Internet banking.About Comodo

Comodo, through its group of Internet security companies, is a leading CertificationAuthority and global provider of Identity and Trust Assurance services on theInternet. Comodo secures and authenticates online transactions and communicationsfor over 3,000,000 businesses and consumers.

With a global presence Comodo offers businesses and consumers third-generationsolutions for intelligent security and authentication technologies that create trustonline. Comodo's technological expertise includes PKI digital certification, Codesigning certification, integrated authentication infrastructure services, WebContent authentication, Secure messaging solutions, PCI compliancy scanning, SSLdigital certificates including our flagship InstantSSL brand, HackerGuardian,Banking solutions including Two Factor Authentication, and digital e-commerceservices.

For additional information on Comodo - Creating Trust Online visithttp://www.comodo.com

F or more information, media representatives should contact

Cooperatieve Spaar- en kredietbankG.A.Attn: Jerry Robles de MedinaKeizerstraat 139-143Paramaribo, Suriname

Judy ShapiroComodo(201) 963-9471Email: judy.shapiro@comodo.com


Source: Express-Press-Release.com
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