Consumer Authentication and Security Token
Providing strong two-factor authentication to your consumers is vital in building and protecting your business. In today's world, you need to ensure that your customers and consumers can trust you and your enterprise. With SolidPass, you can provide strong authentication cost effectively. If your enterprise uses an application or portal, you can use SolidPass to build consumer loyalty and protect your reputation for keeping your consumers safe.The SolidPass token is built so that it can be used as a standalone product or embedded in mobile applications such as mobile banking.
Regulatory requirements are pressuring organizations to adopt stronger authentication methods and to secure access to data systems and applications. Static username/password identity management no longer provide enough security to authenticate users accurately. This has led to adopting two-factor authentication systems. Legislation from the Sarbanes-Oxley Act (SOX), guidelines from the Federal Financial Institutions Examination Council (FFIEC), and recommendations from the Health Insurance Portability and Accountability Act (HIPAA) all require that organizations use stronger forms of authentication to mitigate data theft, prevent fraud, protect customer information and patient privacy. SolidPass helps organizations and enterprises comply with regulatory regimes that cover authorization rules and auditing protocols.
In addition to non-compliance, organizations that continue to use static username/passwords face numerous problems ranging from brute force attacks, dictionary attacks, guessing and social engineering.
For the banking industry, 2FA tokens are quickly becoming a mandatory offering for online and mobile banking:
- FFIEC Guidance on 2FA
- PCI Data Security Standards
- FACTA Identity Theft Red Flags
SolidPass security token can be used to prevent the following:
- Phishing Attacks
- Pharming Attacks
- Man-In-The-Middle Attacks
- DNS Cache Poisoning Attacks
- Trojans Attacks
- Man-In-The-Phone Attacks
- Browser Poisoning Attacks
- Dictionary Attacks
- Brute-Force Attacks