RSA® Mobile Authentication Enhances the Convenience of Internet Banking While Reducing the Administrative Costs of Providing Secure Access
RSA® CONFERENCE, SAN FRANCISCO RSA Security Inc. (Nasdaq: RSAS - News) the most trusted name in e-security®, and Banca Popolare di Sondrio (Suisse), a full-service bank with branches throughout Switzerland, today announced that the bank has enhanced the convenience of its Internet-based "Go Banking" services by deploying RSA® Mobile two-factor authentication software. This innovative solution is designed to make it easier than ever for customers to conduct their banking business in a secure manner via the web — at the time, place and location of their choosing. RSA Mobile software enables bank customers to use an existing tool -- the account holder's mobile phone -- as a secure authentication device, helping to ensure that individuals are positively identified before they can access sensitive account information and banking services. When a user begins logging in to the Go Banking application, the individual enters his or her User ID and PIN. RSA Mobile software then generates a unique, one-time access code and immediately delivers it to the user's mobile phone. To complete the login, the user simply enters the access code to verify his or her identity. Once a user has been authenticated, that individual can access account information, transfer funds between accounts, make electronic payments and buy and sell stocks. In addition, third-party financial advisors can manage the accounts of their private banking clients whose assets are held with Banca Popolare di Sondrio (Suisse).
Operating in the European environment, where the security of personal information is a paramount concern, the bank has previously relied on RSA Security to help meet its requirements for secure authentication. "Since 2001, our Internet banking customers have used RSA SecurID® hardware tokens as authenticating devices," said Paolo Camponovo, Chief Operating Officer. "We were consistently impressed with the security, ease of use and reliability of the RSA SecurID solution. With the release of RSA Mobile software, we can now offer our customers a choice of two highly secure authentication options. While some customers still prefer hardware-based authentication, a growing number are embracing the mobile authentication method because of the extra level of convenience it offers. This choice and convenience are two more ways that we can differentiate our offerings from our competitors."
The economics of mobile authentication are compelling as well, said Camponovo. RSA Mobile software is a "zero deployment" solution that was designed for B2C and enterprise environments that want to provide consumers with secure access to online services but without requiring the user to carry a separate authentication device. Because RSA Mobile technology leverages existing mobile infrastructure, Banca Popolare di Sondrio (Suisse) did not need to distribute any special hardware or software to its end users. This greatly simplified the deployment process and reduced deployment costs. Additionally, the software is designed to scale to millions of users, without requiring a corresponding increase in the number of administrators. This scalability, combined with streamlined administration, enables the bank to cost-effectively maintain security as the number of remote users grows.
Camponovo added that RSA Mobile software lived up to its reputation for ease of integration and deployment. In just six weeks, Sobaco Software SA — which provides the underlying application for Go Banking — was able to integrate RSA Mobile technology with Sobaco's own IBServices® software and then implement and deploy the new mobile authentication capabilities at Banca Popolare di Sondrio (Suisse).
John Worrall, vice president of worldwide marketing at RSA Security, said, "To effectively implement wide-reaching e-business applications, enterprises must build trusted identities by strongly authenticating users. RSA Mobile software helps them achieve the goal of providing highly secure, two-factor authentication to a geographically dispersed user base in a cost-effective manner."
"This is the right technology, in the right place and time," Worrall added. "It helps companies meet Europe's strict requirements for safeguarding the privacy and confidentiality of personal information. At the same time, by leveraging the widespread use of mobile phones in Europe, RSA Mobile technology helps make secure access affordable for a much wider range of enterprise and consumer applications than was possible in the past."
About Banca Popolare di Sondrio (Suisse)
Based in Lugano, Switzerland, Banca Popolare di Sondrio (Suisse) is a universal bank that serves retail customers, private banking clients and small and medium-sized commercial firms. With 12 branches in Switzerland and one in Monte Carlo, Banca Popolare di Sondrio (Suisse) has enjoyed steady growth in recent years, both in terms of its client base and its assets. The bank's 180-plus employees pride themselves on providing prompt, professional service while emphasizing the importance of the personal relationship between a bank and its clients. The bank is an independent, wholly owned subsidiary of Banca Popolare di Sondrio, founded in 1871, which operates primarily in Northern Italy and in Rome.
About Sobaco Software SA
Sobaco Software SA, an RSA Security reseller, develops and markets financial and banking software applications. The company's IBServices software is an e-banking package designed for private banks. Based on an open architecture, IBServices enables banks to integrate Internet banking with central banking applications. For more information, visit www.ibservices.com.
About RSA Security Inc.
With more than 11,000 customers around the globe, RSA Security provides interoperable solutions for establishing online identities, access rights and privileges for people, applications and devices. Built to work seamlessly and transparently in complex environments, the Company's comprehensive portfolio of identity and access management solutions — including authentication, Web access management and developer solutions — is designed to allow customers to confidently exploit new technologies for competitive advantage. RSA Security's strong reputation is built on its history of ingenuity and leadership, proven technologies and long-standing relationships with more than 1,000 technology partners. For more information, please visit www.rsasecurity.com.


