Spokane Teachers Credit Union deploys Comodo Two Factor Authentication Solution to meet FFIEC guidelines

Spokane Teachers Credit Union deploys Comodo Two Factor Authentication Solution to meet FFIEC guidelines

Comodo, a global Certification Authority and leading provider of Identity and Trust Assurance Management solutions, announced today that Spokane Teachers Credit Union has deployed Comodo’s S.A.F.E. solution (Secure and Authenticated Financial Engagements) for credit unions. First stage was the successful deployment of Comodo’s PKI-based Two Factor (TF) authentication solution that complies with FFIEC guidelines.

Based on strong Public Key Infrastructure (PKI), the Comodo S.A.F.E solution includes Two Factor (TF) client certificates, Content Verification Certificates (CVC’s), email certificates, EV high assurance SSL certificates, HackerGuardian vulnerability scanning and certification solution, and SiteMon website continuity service. Together, this leading edge solution provides ease of deployment, cost effectiveness and a highly secure PKI platform for mutual authentication processes.

Financial institutions are under pressure to comply with Federal Financial Institutions Examination Council (FFIEC) guidelines to strengthen their mutual authentication processes for online banking transactions. The implementation of a multifactor solution requires ease of integration, ease of adoption by credit union members and ease of configurability. With Comodo TF, Spokane can support a high-performance two- factor solution while reducing operating costs.

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