Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

ASB Chooses RSA SecurID® Authentication to Protect Customers from Online Fraud

  • 02 November, 2005 15:19

<p>RSA Security Inc. (Nasdaq: RSAS) today announced that New Zealand’s ASB and BankDirect have chosen the RSA SecurID® solution to provide strong, two-factor authentication as additional security for all online banking customers. It is the first and only bank in New Zealand to implement a two-factor security solution to its retail customers.</p>
<p>ASB and BankDirect launched SMS messaging – branded Netcode SMS – almost a year ago. Customers receive an SMS message on their mobile phone containing a number that they must enter before banking online to provide secure authentication.</p>
<p>The bank has now introduced the option of RSA SecurID hardware authenticators (tokens) to customers as an alternative to the SMS solution. These tokens are small devices that easily connect to any key ring and – based on RSA Security’s patented time synchronisation technology – generate a simple, one-time authentication code that changes every 60 seconds.</p>
<p>A password in the form of a 6 digit numeric code is displayed on a digital readout window on each device. To access the online banking resource, users simply type in their online banking access code (something they know) plus the code displayed on the device (something they have) at that point in time, providing strong two-factor authentication.</p>
<p>The RSA SecurID authenticator weighs just 21 grams and is designed to be tamper-evident. The device operates in temperatures ranging from -20°C to 65°C and its built-in battery has a life of up to 5 years, with a lifetime warranty.</p>
<p>Unseen by banking customers, the RSA SecurID solution is powered by RSA® Authentication Manager – an enterprise-class authentication software solution that can scale up to support millions of users and hundreds of simultaneous applications. It provides ASB and BankDirect with centralised, easy and cost-effective administration and interoperates with more than 290 networking products and applications out of the box.</p>
<p>“ASB and BankDirect are the only institutions in New Zealand offering this level of security to their retail customers,” said Mark Pullen, Territory Manager, RSA Security. “The fact that 35,000 customers have signed up for the bank’s Netcode security in the past year sends a clear message that the battle against online fraud is a joint responsibility between financial institutions and their customers.</p>
<p>“It also illustrates how ASB continues to lead the way in innovative technology and how the provision of secure technology can assist competitive advantage in their market. The addition of the RSA SecurID technology to ASB and BankDirect’s Netcode security solution will strengthen the robust two-factor authentication offering that will further improve the confidence and protection of online banking customers,” he said.</p>
<p>About RSA Security Inc.</p>
<p>RSA Security Inc. is the expert in protecting online identities and digital assets. The inventor of core security technologies for the Internet, the company leads the way in strong authentication and encryption, bringing trust to millions of user identities and the transactions that they perform. RSA Security’s portfolio of award-winning identity and access management solutions helps businesses to establish who’s who online – and what they can do.
With a strong reputation built on a 20-year history of ingenuity, leadership and proven technologies, we serve approximately 19,000 customers around the globe and interoperate with more than 1,000 technology and integration partners. For more information, please visit www.rsasecurity.com</p>
<p># # #</p>
<p>RSA, RSA Security and SecurID are either registered trademarks or trademarks of RSA Security Inc. in the United States and/or other countries. All other products and services mentioned are trademarks of their respective companies.</p>
<p>Media Contacts
John Back, Kinetics , (02) 9976-6611, john@kinetics.com.au</p>
<p>Melinda Hickin, RSA Security Australia Pty Ltd, 02 9463 8407, mhickin@rsasecurity.com</p>

Most Popular

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Join the newsletter!

Error: Please check your email address.

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?