Indusval Multistock Bank

Download Case Study (PDF)

In order to heighten the levels of security for all Internet-based transactions, Indusval Multistock Bank deployed VeriSign® Identity Protection (VIP) Authentication Services and VeriSign® Identity Protection Security Cards to provide two-factor authentication to 5,000 external banking and brokerage customers and 420 staff members for VPN access.

VeriSign offered us a tool with an open technology, which gives us the option of independently choosing different token types whenever we wish. In comparison to other potential vendors, VeriSign gave us the opportunity of independence from a supporting infrastructure with this solution.

Luiz Claudio Rossi,
Executive Director,
Indusval Multistock Bank

Industry

• Banking

Challenges

• The bank wanted to heighten security to instill clients with the confidence in utilizing more online services.
• Ease-of-use of any new security solution was critical for successful client adoption.

Solution

• VeriSign® Identity Protection Authentication Services
• VeriSign® Identity Protection Security Cards

Results

• Expensive infrastructure costs were avoided.
• Implementation successfully occurred in a tight timeframe.
• Two-factor authentication is increasing clients’ trust in engaging in online services.