Securing online banking just gets harder every day. With new threats from malware and man-in-the-middle attacks making traditional authentication methods obsolete and customers suing their banks for failing to protect them, banks are searching for solutions that add the necessary level of security without negatively impacting their customer's online banking experience.

VirtualBank, Money Magazine's "Best Online Bank," takes great pride in offering their customers the very best security available. But equally important to them is the customer's online experience. Their internet banking model relies on impeccable security and incredible ease of use.

That's why they have partnered with PhoneFactor, who was recently named to Bank Technology News' FutureNow List, to offer out-of-band, two-factor protection that truly differentiates VirtualBank from their competitors.

Join Frank Barbato, VirtualBank CIO, and Steve Dispensa, PhoneFactor CTO, to learn more about this fascinating case study in the next generation of online banking security.

Steve Dispensa, Chief Technology Officer, PhoneFactor

Steve Dispensa is CTO & Co-Founder of PhoneFactor, a multi-award winning two-factor authentication service that utilizes a device users already have - their phone. Prior to co-founding PhoneFactor, Steve created Midwest Networking Associates, and then was the Director of Systems Architecture within Sprint's Broadband Wireless Group. Steve received his degree from the University of Missouri at Kansas City and has been recognized five times as a Microsoft Most Valuable Professional. Steve, along with PhoneFactor developer Marsh Ray, recently discovered the TLS/SSL Authentication Gap - a major vulnerability in SSL authentication making it vulnerable to man-in-the-middle attacks.

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Frank Barbato, Chief Information Officer, VirtualBank

Frank Barbato is the Chief Information Officer of Palm Beach, Florida based Lydian Private Bank, the parent company of VirtualBank. He is responsible for all Information Technology including Internet technologies, software development, network infrastructure, security and aligning IT with business strategy. During his tenure at Lydian, Mr. Barbato has served as Chief Software Architect and has been responsible for developing enterprise software technologies and guiding Lydian's software architectural direction. Mr. Barbato has over 30 years of programming experience and delivered the technology that serves as the cornerstone of the Lydian enterprise.

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