• Usernames and passwords alone are no longer secure, with number of hackers attacking banks jumping 81% versus last year
• Regulations are increasing for banks - FFIEC and PCI compliance
• U.S. consumers are concerned about online security losing more than $7B over last two years
• Strong authentication is the solution, however traditional solution like tokens, biometrics, and card readers are a hassle and expensive.
• PhoneFactor is phone-based authentication solution that solves all these issues
One reason many banking institutions are reluctant to adopt two-factor authentication is the hassle and expense of purchasing and managing costly tokens. But in the age of regulatory compliance and increasing security risks, you can't afford not to use strong, two-factor authentication.
The solution? PhoneFactor, the new service from Positive Networks that turns any phone into a two-factor authentication device--for FREE!
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