Online Banking Customers Rapidly Adopting New Authentication Solutions Because They Want to Better Protect Themselves

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Released on: 18, July 2007
, Author: Comodo Group
, Audience: Computers related

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New study from Datamonitor confirms that additionalauthentication is welcomed by 75% of customers

Jersey City, NJ (July 18, 2007) - Despite initial industry concerns about consumerresistance to adopting new authentication processes, recent research fromDatamonitor reveals that more than 75% of online customers want more robustauthentication in their online transactions. Furthermore, the majority of the 750respondents showed a keen interest in adopting an additional authentication methodbeyond the standard username and password.

"The evolution of authentication is an important step in ensuring safe onlineinteractions," said Melih Abdulhayoglu, CEO and Chief Security Architect of Comodo."Consumers understand the dangers of not having an advanced authentication solutionand are seeking new and better ways to protect themselves."

Comodo a global leader in Identity and Trust Assurance Management solutions, helpsbanks meet consumers' increasing online vigilance through its Comodo AuthenticationSolution, including its Two Factor Authentication. Comodo Authentication Solutionuses a Public Key Infrastructure (PKI) platform which is both user-friendly andrecognized as a best practice solution in online security. When compared tocompetitor solutions, Comodo Authentication Solution is easy to deploy, use andsupport, adding to its overall cost-effectiveness.

Comodo Authentication Solution includes Two Factor Authentication using a clientcertificate for authenticating the user to the institution, Comodo's ContentVerification Certificate (CVC) to protect key content from being spoofed by aphisher, an EV SSL certificate for online visual authentication of a site'sidentity, and Email certificates to provide digital signatures and encryption toEmail correspondence.

For more information on Comodo Authentication Solution, please visit:http://www.comodo.com/b anking/.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


Source: Express-Press-Release.com
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