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| Comodo S.A.F.E. Solution Comodo Inc. announced the availability of its S.A.F.E Solution (Secure and Authentic Financial Engagements) for online financial institutions. The new toolkit and business processes is the only solution that enables a true best practices approach for financial institutions as outlined by the Federal Financial Institutions Examination Council (FFIEC). With these integrated preventive and proactive identity assurance tools, banks can better address the growing issue of online fraud, a threat that is increasing at a rate of 18% per year. Today, phishing, pharming and online fraud are growing as fast as online sales, which topped $136 billion in 2004 according to Forrester. To counteract this trend, FFIEC promotes best practices for financial institutions to provide mutual transaction authentication online - meaning that consumers are able to verify the legitimacy of the Websites before and during the transaction, and that banks can authenticate users with a two-factor process. Only Comodo's ITA S.A.F.E. toolset can accomplish this best practices standard by empowering banking customers with new mechanisms and technologies to proactively authenticate the website thus protecting their digital identities. In this environment, Comodo's core competency in identity assurance becomes the main platform for a differentiated and integrated solution that provides preventative and remedial solutions to engender customer online banking confidence. The fundamental components of the S.A.F.E. Solution include both products and services configurable to specific customer strategies, needs and requirements. The core products available within the toolkit include: - ITA infrastructure enablers such as vulnerability scanning with Hacker Guardian, eMerchant payment gateways and LINUX based solutions via the Comodo Trustix Suite; - ITA Tools such as high assurance SSL certificates to encrypt and authenticate business legitimacy and Content Verification Certificates (CVC) that brings irrefutable verification capability to web content through a non browser bound, highly visible monitor indicator - ITA consumer services for new bank revenue streams such as ID Protection Services - ITA based secure collaboration products including TrustFax and ComodoMeet, an web conferencing service and eMerchant Payment Gateways. write your comments about the article :: © 2006 Computing News :: home page |