Mid-Atlantic Selects Green Armor Solutions for Online Banking Authentication for Over 1,200 Credit Unions.Cites Green Armor's Stronger Security and Better User Experience MIDDLETOWN, Pa. & HACKENSACK, N.J. -- Mid-Atlantic Corporate Federal Credit Union, which services over 1,200 credit unions and has over $2 billion in assets, announced today that it has selected Green Armor Solutions[TM] to implement two-factor and mutual/site authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. for the online banking systems of its member credit unions. Mid-Atlantic reported that the selection followed an exhaustive process of comparing and testing authentication solutions from over a dozen vendors. Green Armor Solutions will enable Mid-Atlantic's members to strengthen authentication for online banking and to meet new FFIEC FFIEC Federal Financial Institutions Examination Council and NCUA NCUA National Credit Union Administration (US government) NCUA Nbcs Control Unit Atm security guidelines without sacrificing user friendliness, and without having to endure a complicated and costly enrollment process. The system will also provide simple, straightforward, and psychologically efficient mutual authentication Mutual authentication or two-way authentication refers to two parties authenticating each other suitably. In technology terms, it refers to a client or user authenticating themselves to a server and that server authenticating itself to the user in such a way that both , helping to protect credit union members from phishing scams and related fraud without requiring effort by end-users. "We researched and evaluated authentication systems from over a dozen vendors, and found Green Armor's technology more compelling than those of competing firms. The Green Armor system simply offers a much better user experience as well as stronger security than the technology offered by other providers," commented Robert Frank, Vice President of Information Technology at Mid-Atlantic. Green Armor Solutions' Identity Cues[TM] series of enterprise software products leverages a combination of psychology and technology, thereby delivering a solution that is both more effective and easier to implement than alternative offerings. It stands out in its simplicity for users (they do not need to enroll, install any software, carry any devices, memorize mem·o·rize tr.v. mem·o·rized, mem·o·riz·ing, mem·o·riz·es 1. To commit to memory; learn by heart. 2. Computer Science To store in memory: any information, or perform extra steps during login Signing in and gaining access to a network server, Web server or other computer system. The process (the noun) is a "login" or "logon," while the act of doing it (the verb) is to "log in" or to "log on. ), and its security (for example, offering multiple defenses against man-in-the-middle attacks as well as against next generation psychology-based attacks, both of which are beginning to surface as serious vulnerabilities in many authentication systems). "We are excited to have been chosen as the authentication platform for Mid-Atlantic and its many customers," said Joseph Steinberg, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Green Armor Solutions. "Mid-Atlantic's exhaustive review of numerous authentication technologies shows how critically important it considers its users' security and satisfaction. The selection of Green Armor by such an institution highlights how our unique technology excels in both of these areas." More information about Green Armor Solutions and its Identity Cues series of products can be found on the Green Armor Solutions web site at: http://www.greenarmor.com/. About Green Armor Solutions Green Armor Solutions offers innovative solutions to information-security challenges facing today's businesses. Its Identity Cues series of products (all patent-pending) leverage a unique blend of psychology and technology to help deliver maximum security with maximum user convenience. They provide strong two-factor authentication The use of two independent mechanisms for authentication; for example, requiring a smart card and a password. The combination is less likely to allow abuse than either component alone. See authentication. (exceeding FFIEC and NCUA guidelines) as well as effective site authentication (mutual authentication) that protects against phishing, pharming pharming (fär`mĭng), the use of genetically altered livestock, such as cows, goats, pigs, and chickens, to produce medically useful products. , and online fraud, while allowing users to continue to enjoy the simple, comfortable user experience with which they are already familiar. Identity Cues products can help companies address security and privacy requirements as part of compliance initiatives for FFIEC/NCUA Authentication, HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, , and GLBA GLBA Gramm-Leach-Bliley Act of 1999 (Financial Modernization Act of 1999) GLBA Gay and Lesbian Business Association GLBA Great Lakes Booksellers Association GLBA Glacier Bay National Park and Preserve . www.greenarmor.com About Mid-Atlantic Corporate Federal Credit Union Mid-Atlantic Corporate Federal Credit Union is a federally chartered corporate credit union that provides investment, lending and payment services, including ACH, share draft and electronic bill payment processing - to a national field of membership. Mid-Atlantic Corporate serves 1,200 credit unions, CUSOs, Leagues and chapters in 45 states and Guam. www.midatlanticcorp.org |
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