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Green Armor Solutions Delivers First Complete Mobile-Banking Authentication Platform

Multi-factor and Site Authentication Provided from Mobile Devices and Web Browsers

July 19, 2007 - Hackensack, NJ - Green Armor Solutions announced today the first complete authentication platform for securing access to web sites from mobile devices and smartphones such as Apple’s iPhone, RIM’s BlackBerry devices, Motorola’s Q phone, Palm’s Treo series, and other handheld computers.

The new Mobile Authentication Module for Identity Cues Two Factor assists financial institutions in ensuring proper FFIEC-mandated security is met when users access online banking from mobile devices. Green Armor’s unique technology provides both multi-factor authentication and site authentication optimized for users accessing business systems from handheld devices, and delivers this unparalleled level of security without requiring users to install any software on the devices, re-enroll, carry additional security devices, or undergo extra steps during the login process.

Mobile banking offers customers convenient access to banking from essentially anywhere. Yet, it introduces serious risks of phishing and online fraud, as handheld devices typically do not have any anti-phishing technology built in, and criminals can easily implement phony web sites that mimic mobile-enabled banking sites. Green Armor’s anti-phishing technology, now optimized for mobile access as well as computer-based web access, leverages human psychology in its design, and can help defeat such attacks.

Green Armor’s system has consistently proven to be both more secure and more user-friendly than competing products. The Aite Group has described Green Armor as providing the “best site authentication,” and Neil Steffen, Senior Manager at EPIC Advisors, noted that after comparing authentication solutions from several vendors he “found Green Armor’s technology to be head-and-shoulders above those of the other firms. The Green Armor system simply offers a much better user experience as well as stronger security than the technology offered by competing providers.”

Green Armor’s Identity Cues series of enterprise authentication products now allows organizations to leverage a single authentication platform for both smartphone and computer-based web access. The technology offers unparalleled simplicity for users (users do not need to enroll, install any software, carry any extra security devices, memorize any new information, or perform extra steps during login) and advanced 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 surfacing as serious vulnerabilities in many authentication systems).

“With the delivery of our new Mobile Authentication Module, Green Armor Solutions now enables firms to offer users maximum access with maximum security and maximum convenience,” said Shira Rubinoff, President of Green Armor Solutions.

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 Inc.  

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 (exceeding FFIEC and NCUA guidelines) as well as site authentication (mutual authentication) that help protect against phishing, pharming, and online fraud, while allowing users to continue to enjoy the simple, comfortable user experience with which they are already familiar. Identity Cues authentication products can help companies address security and privacy requirements as part of compliance initiatives for FFIEC/NCUA Authentication, HIPAA, and GLBA. Green Armor’s systems help secure numerous financial environments including those at First Bank, EPIC Advisors, and hundreds of credit unions. For more information please visit:

www.GreenArmor.com

The marks Green Armor Solutions, Green Armor, Identity Cues, Identity Cues Two Factor, and the Green Armor Solutions logo are trademarks of Green Armor Solutions, Inc. All other marks are the trademarks of their respective owners.

 

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Note: Green Armor Solutions Inc. does not update the contents of its press releases after the releases have been issued. As a result, information in a particular press release may not be accurate if read at a point in time subsequent to the initial release. Furthermore, to the extent that any press release contains information that is not historical fact, that information should be considered opinion or forward-looking.

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