The financial services industry is a high-profile target for criminals. Verizon’s 2017 Data Breach Investigations Report found that 24% of reported breaches affected financial organizations, the highest of any industry. Company’s multi-factor authentication (MFA) for Financial Services can help you protect your business and comply with financial services regulations.
Company’s multi-factor authentication enables users to verify logins by tapping Approve or Deny on push notifications sent to their mobile devices via Authenticator. Gartner recommends this authentication method for MFA. System also supports authentication methods that work offline, without mobile devices, and with FIDO2 security keys. These features are particularly useful in high-risk environments where phishing or keylogging attacks are common. By supporting FIDO2 keys, system ensures that your organization is prepared for the future of digital security.
Financial organizations that handle cardholder data must comply with the Payment Card Industry Data Security Standard (PCI DSS). This standard is designed to ensure the secure handling of cardholder information at every step. Company’s multi-factor authentication can help your organization meet the PCI DSS requirements for strong access control measures. By implementing MFA, you can add an additional layer of security that helps protect cardholder data.
Financial organizations that operate or conduct transactions in the state of New York must require multi-factor authentication (MFA) to securely connect users to internal networks, as mandated by the New York State Department of Financial Services (DFS) Cybersecurity Requirements for Financial Services Companies.
System can protect against unauthorized access to non-public information and information systems using multi-factor authentication as an effective control, as defined by section 500.12 of the NYDFS Cybersecurity Regulation.
The National Association of Insurance Commissioners (NAIC) Insurance Data Security Model Law suggests the use of multi-factor authentication for any individual accessing non-public information.
Company can help insurance companies to comply with this regulation by enabling multi-factor authentication on all applications that process non-public information.
To fulfill compliance requirements and pass audits, your organization must protect every technology that you use. Company’s integration possibilities make it easy to enable MFA for remote access via VPN, logins to cloud and on-premise applications, custom software, Linux servers, and applications using directory services (e.g. Active Directory, OpenLDAP).
System enables remote employees like insurance agents and financial planners to quickly enroll to your MFA service.
With our system, users will be automatically added to your user list when they access applications. Using the Authenticator mobile app, they will be able to answer push notification login requests and generate Mobile Passcode when offline.
Our system is a cloud-based service that comes with a mobile app for the best usability. Using our system, you can get MFA running within minutes without having to buy or install hardware.
Integrate your first application using one of our ready-to-go plugins and modules.
Our multilingual support team is happy to quickly respond if questions arise.