Online Banking Customers Rapidly Adopting New Authentication Solutions Because They Want to Better Protect Themselves

Released on = July 18, 2007, 9:32 am

Press Release Author = Comodo Group

Industry = Computers

Press Release Summary = New study from Datamonitor confirms that additional
authentication is welcomed by 75% of customers

Press Release Body = New study from Datamonitor confirms that additional
authentication is welcomed by 75% of customers

Jersey City, NJ (July 18, 2007) - Despite initial industry concerns about consumer
resistance to adopting new authentication processes, recent research from
Datamonitor reveals that more than 75% of online customers want more robust
authentication in their online transactions. Furthermore, the majority of the 750
respondents showed a keen interest in adopting an additional authentication method
beyond the standard username and password.

\"The evolution of authentication is an important step in ensuring safe online
interactions,\" said Melih Abdulhayoglu, CEO and Chief Security Architect of Comodo.
\"Consumers understand the dangers of not having an advanced authentication solution
and are seeking new and better ways to protect themselves.\"

Comodo a global leader in Identity and Trust Assurance Management solutions, helps
banks meet consumers\' increasing online vigilance through its Comodo Authentication
Solution, including its Two Factor Authentication. Comodo Authentication Solution
uses a Public Key Infrastructure (PKI) platform which is both user-friendly and
recognized as a best practice solution in online security. When compared to
competitor solutions, Comodo Authentication Solution is easy to deploy, use and
support, adding to its overall cost-effectiveness.

Comodo Authentication Solution includes Two Factor Authentication using a client
certificate for authenticating the user to the institution, Comodo\'s Content
Verification Certificate (CVC) to protect key content from being spoofed by a
phisher, an EV SSL certificate for online visual authentication of a site\'s
identity, and Email certificates to provide digital signatures and encryption to
Email correspondence.

For more information on Comodo Authentication Solution, please visit:
http://www.comodo.com/banking/.
About Comodo

Comodo, through its group of Internet security companies, is a leading Certification
Authority and global provider of Identity and Trust Assurance services on the
Internet. Comodo secures and authenticates online transactions and communications
for over 3,000,000 businesses and consumers.

With a global presence Comodo offers businesses and consumers third-generation
solutions for intelligent security and authentication technologies that create trust
online. Comodo\'s technological expertise includes PKI digital certification, Code
signing certification, integrated authentication infrastructure services, Web
Content authentication, Secure messaging solutions, PCI compliancy scanning, SSL
digital certificates including our flagship InstantSSL brand, HackerGuardian,
Banking solutions including Two Factor Authentication, and digital e-commerce
services.
For additional information on Comodo - Creating Trust OnlineT visit
http://www.comodo.com

Web Site = http://www.comodo.com

Contact Details = 525 Washington Blvd. Jersey City, NJ 07310

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