HSBC (London) has deployed services from Chicago-based Authentify, provider of out-of-band authentication solutions, to secure online and remote transactions.
HSBC systems automatically invoke Authentify's services to authenticate online users attempting certain transaction types against HSBC accounts. The out-of-band process requires user specific details be entered into the telephone, separately from the Internet side of the exchange. The process isolates the authentication from Internet threats. It becomes much more difficult to hijack or tamper with an account even when armed with compromised identity information, according to the company.
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio