Comodo Delivers True Two Factor Online Banking Authentication That is Easy and Convenient for Users Regardless of Where They Login From - Private or Public Computers

Released on = August 15, 2007, 8:01 am

Press Release Author = Comodo Group

Industry = Internet & Online

Press Release Summary = Comodo TwoFactor (TF) now delivers a combination of Client
certificates for authenticated user access from private computers and one-time
passwords via phone/ SMS/ email for authenticated access from public PCs.

Press Release Body = Jersey City, NJ (August 15, 2007) - In its drive to make user
authentication both stronger and easier to use for online banking customers, Comodo,
a global Certification Authority and leader in Identity and Trust Assurance
Management solutions, today announced a series of product enhancements to Comodo\'s
TwoFactor (TF) solution.

The enhancements announced extend Comodo\'s proven Client certificate-based solution
for two-factor authentication beyond home computers into the realm of public
computers such as those used by online banking customers while traveling. Through
the introduction of one-time passwords designed for use at public computers, Comodo
TF is now as effective as token solutions for user authentication at remote
locations but do not include the high cost or challenging customer deployment
typically associated with these types of solutions.

These one-time passwords can be delivered through a variety of customer-selected
options such as SMS messaging, email or telephone. The key benefit to end users is
\"anywhere, anytime\" access to online banking accounts allowing optimum flexibility.

\"Really useful technologies serve their intended purpose without inconveniencing
their users. Striking the right balance between security and an acceptable user
experience has been a challenge for many financial institutions providing
authentication services - until now,\" said Igor Seletskiy, Director of Technology at
Comodo. \"Strong authentication from public computers must be easy but cannot
sacrifice security. With the new enhancements to Comodo TF, we achieve true
two-factor authentication anytime, anywhere in a way that is easy and intuitive for
all online banking customers.\"

Comodo\'s solution surpasses other cookie-based user authentication approaches
because these approaches do not to create a true two-factor authentication process
when the user is logging in from a remote computer. Typically, these cookie-based
solutions must revert to a weaker, multi-layered, one-factor approach to deliver
user authentication at public computers. Comodo has invested in technologies that
enable seamless true two-factor authentication for consumers. Key features of this
new release include

* Generation and acceptance of one time passwords when the customer is at a
remote location
* A choice of delivery vehicles of the one-time password that the user selects,
including SMS/ phone or email delivery.
* Enhanced administrative tools to facilitate easy introduction and maintenance
of these new capabilities

For more information, please visit; www.comodo.com/banking

About Comodo

The Comodo companies provide the infrastructure that is essential in enabling
e-merchants, other Internet-connected companies, software companies, and individual
consumers to interact and conduct business via the Internet safely and securely. The
Comodo companies offer PKI SSL, Code Signing, Content Verification and E-Mail
Certificates; award winning PC security software; vulnerability scanning services
for PCI Compliance; secure e-mail and fax services.

Continual innovation, a core competence in PKI, and a commitment to reversing the
growth of Internet-crime distinguish the Comodo companies as vital players in the
Internet\'s ongoing development. Comodo secures and authenticates online transactions
and communications for over 200,000 business customers and 3,000,000 users of our PC
security software.
For additional information on Comodo - Creating Trust OnlineT visit
http://www.comodo.com

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

Contact Details = +1 888 266 6361
media-relations@comodo.com

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