Online and Digital Identification, Securing Web 2.0, PKI and Digital Certificates

IronKey protects banks and their customers from RSA SecurID data breach

Wednesday, March 23, 2011

IronKey announced that its Trusted Access for Banking product can allow banks to protect their commercial banking customers from the potential risk from allegedly compromised RSA SecurID authentication tokens.

IronKey says that Trusted Access for Banking allows banks to continue using their existing SecurID deployments and banking applications without concern. It is designed to isolate online banking users from advanced persistent threat (APT) attacks using toolkits such as ZeuS and SpyEye rather than trying to detect them.


With IronKey Trusted Access for Banking, users connect their Trusted Access USB device to their computer to automatically launch a protected, virtualized online banking environment. The Trusted Access Browser starts at the bank’s home page and restricts users to only navigate to bank-authorized web sites.

IronKey Trusted Access addresses likely attacks such as man-in-browser attack, key logging, network monitoring, and DNS tampering. A secure, encrypted connection to online banking is made through the IronKey Trusted Network to lock out man-in-the-middle and DNS attacks. Advanced encrypted keyboard input protects users from key loggers that can steal user names and passwords. [end] 

Bank customers are responsible for detecting fraud 82% of the time, according to Information Security Media Group’s 2012 Faces of Fraud Survey.

Banks responding to the survey reported that the three leading causes of fraud they experienced were card-not-present – 56% – data breach at a retailer or processor – 53% – and point-of-sales skimming – 47% – all root causes over which the consumer has very little control.

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If you want to use a credit or debit card at College of Brockport dining halls, forget it. Until the end of the school term, it’s mostly cash only due to a security breach which affected hundreds of credit and debit cards from students, staff and faculty.

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OneLogin is now offering RSA SecurID technology as an integrated option on its cloud-based Identity & Access Management Service.

The SecurID feature will add a second layer of authentication to OneLogin in order to prevent unauthorized access to the product. To add the two-factor authentication, users may enter their personal password, along with a SecurID-generated one-time password.

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BNC National Bank, a national bank serving customers in North Dakota, Arizona and Minnesota, is offering sit commercial customers IronKey Trusted Access to improve online security and help protect customers from cyber thieves targeting online banking users of ACH and wire transfer services.

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