RSA Security Teams with Verid to Offer Financial Institutions Advanced Strong Authentication Technology
15 September 2006 - 8:00PM
PR Newswire (US)
Verid's knowledge-based authentication to be integrated into the
RSA(R) Adaptive Authentication solution BEDFORD, Mass./FT.
LAUDERDALE, Fla., Sept. 15 /PRNewswire-FirstCall/ -- RSA Security
announced today that it has teamed with Verid in order to further
expand the range of strong authentication technologies included in
its comprehensive RSA(R) Adaptive Authentication solution. RSA
Security will integrate Verid's widely-adopted knowledge-based
authentication (KBA) technology into the RSA Adaptive
Authentication platform. "Verid is a clear leader in providing
knowledge-based authentication, which both we and our customers
believe is an important part of a comprehensive approach to
consumer protection," said Chris Young, senior vice president and
general manager, Consumer Solutions Division, RSA Security. "The
RSA Adaptive Authentication solution is designed to meet the needs
of various consumer segments as well as the different business
requirements in the financial industry. Verid's knowledge-based
authentication is another great addition to our mix of secure and
user-friendly technologies." RSA Security's risk-based
authentication technology analyzes every online transaction and
scores the potential fraud-risk based on a broad range of metrics.
Additional authentication is invoked -- in real-time -- for
high-risk transactions. To date, the main methods of additional
authentication included an automated phone call or secret
questions. Now, Verid's knowledge-based authentication will also be
offered to financial institutions as an option for high-risk
situations. Verid's knowledge-based authentication technology
presents consumers with a series of personalized questions based on
deep background data derived from a variety of public and
commercially available information sources. The technology conducts
sophisticated analytics to build a comprehensive knowledge profile
and guides the consumer through an intuitive and interactive
process until identity is confirmed. "We're delighted to partner
with a leader like RSA Security," said Chris Rickborn, COO of
Verid. "The combination of our advanced KBA technology with the
proven RSA Adaptive Authentication solution provides financial
institutions and other businesses with a combination of robust
technologies that will fit numerous security needs, preferences and
scenarios." About RSA Security Inc. RSA Security Inc. is the expert
in protecting online identities and digital assets. The inventor of
core security technologies for the Internet, the Company leads the
way in strong authentication, encryption and anti-fraud protection,
bringing trust to millions of user identities and the transactions
that they perform. RSA Security's portfolio of award-winning
identity & access management solutions helps businesses to
establish who's who online -- and what they can do. With a strong
reputation built on a 20-year history of ingenuity, leadership and
proven technologies, RSA serves more than 21,000 customers --
including financial institutions representing hundreds of millions
of consumers around the globe - and interoperates with over 1,000
technology and integration partners. For more information, please
visit http://www.rsasecurity.com/. About Verid Verid is the leading
provider of real-time Knowledge Based Authentication solutions that
accurately verify identity without compromising consumers' comfort,
convenience or privacy. Verid's clients include top financial
institutions, wireless telecom providers, leading payment
processors, employer services and retailers who have implemented
KBA as part of their consumer authentication strategy. Verid's KBA
service helps businesses manage identity risk and establish and
maintain high quality customer relationships. For further
information regarding Verid, please visit the Web site at
http://www.verid.com/, or call toll-free at 1-888-533-5300. RSA,
the RSA logo and RSA Adaptive Authentication are either registered
trademarks or trademarks of RSA Security Inc. in the United States
and/or other countries. Verid is either a registered trademark or
trademark of Verid Inc. All other products or services mentioned
are trademarks of their respective companies. For more information:
Erica Pereira Matt Buckley OutCast Communications RSA Security Inc.
(415) 345-4728 (781) 515-6212 Deb Montner Montner & Associates,
for Verid (203) 226-9290 DATASOURCE: RSA Security CONTACT: Erica
Pereira, of OutCast Communications for RSA Security Inc.,
+1-415-345-4728, ; or Deb Montner, of Montner & Associates for
Verid, +1-203-226-9290, ; or Matt Buckley of RSA Security Inc.,
+1-781-515-6212, Web site: http://www.rsasecurity.com/
http://www.verid.com/
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