Tampa Bay Federal Credit Union (Tampa Bay Federal), which has more than 40,000 online members, announced today that it has selected Green Armor Solutionsâ¢ to implement two-factor and site/mutual authentication to secure Tampa Bay Federalâs online banking systems. Tampa Bay Federal reported that the selection followed a thorough process of comparing authentication options from several vendors.
Green Armor Solutions will enable Tampa Bay Federal to strengthen authentication for online banking and to meet NCUA and FFIEC security guidelines without sacrificing user friendliness, and without forcing Tampa Bay Federalâs members to endure enrollment processes or extra steps during each login. The system will also provide simple, straightforward, and psychologically efficient site authentication, helping to protect Tampa Bay Federalâs members from phishing scams and related fraud without requiring effort by end-users.
âWe at Tampa Bay Federal were looking to implement strong authentication for online banking without sacrificing the usability and user-friendliness that our members have grown to expect,â explained Cindy Walker, Executive Vice President and Chief Operating Officer. âWe compared authentication systems from numerous vendors including Corillian and RSA-Passmark. Green Armor is clearly unique in its ability to deliver strong security with essentially no usability trade off; their psychology-based solution allows us to simultaneously enhance both security and user-friendliness.â
Green Armor Solutions' Identity Cuesâ¢ 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 any information, or perform extra steps during login), 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 delighted to have been selected as the authentication platform for Tampa Bay Federal,â said Shira Rubinoff, President of Green Armor Solutions. "It is exciting to once again have been compared against other authentication systems and emerge as the only technology that can deliver greatly improved security without adversely impacting users.â