Green Armor Helps Banks Meet New FFIEC Authentication Guidelines

SECURITY TECHNOLOGIES EXCEED NEW STANDARD FOR OVER FIVE YEARS

 

July 8, 2011 - Hackensack, NJ - Green Armor Solutions, a leading provider of information security software, noted today that its Identity Cues authentication system exceeds the Federal Financial Institutions Examination Council (FFIEC)’s new standards for online authentication.

 

The FFIEC Guidance, “Supplement to Authentication in an Internet Banking Environment,” published last week and scheduled for enforcement starting on January 1, 2012, endorsed Green Armor’s long-standing approach of identifying devices based on a combination of varied characteristics including configuration values, IP addresses, geolocation information, and other parameters. The same guidance criticized as inadequate the many products that rely solely on cookies or other weak means of identifying computers.

 

While its security meets FFIEC guidance requirements, Green Armor also delivers unparalleled ease of use. Green Armor’s software leverages a unique blend of psychology and technology to help deliver strong user and site authentication with maximum user convenience. Its products help secure numerous financial, healthcare, and other environments.

 

“For several years, Green Armor has warned of potentially serious risks related to the use of inadequate authentication technology, and stressed the need for robust products such as ours. Now, after several high profile breaches reported in the media, the FFIEC is issuing the same warning. Half a decade after we first brought our unique authentication technology to market, the governing body of the US banking industry officially recognizes that the risks that we mentioned are real and have had real consequences, and that technology such as ours is highly advisable from a security standpoint,” said Joseph Steinberg, C.E.O. of Green Armor Solutions.

 

For more information about Green Armor Solutions and its authentication offerings please visit:

 

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 leverage a unique blend of psychology and technology to help deliver maximum security with maximum user convenience. They provide strong two-factor authentication and site authentication thereby helping to 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, dozens of hospitals, 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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About Green Armor
Green Armor authentication software helps enterprises secure access to online systems from computers and mobile devices by using a unique, patent-pending blend of psychology and technology to deliver "maximum security with maximum convenience," curtailing cybercrimes and ensuring compliance with regulatory requirements (FFIEC, HIPAA, GLB, etc.), while allowing users to continue to enjoy the same simple user experience with which they are already comfortable.

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