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Carolina Bank Secures Remote Access with SMS PASSCODE

Financial Institution Maintains Compliance by Implementing Adaptive Multi-factor Authentication

SMS PASSCODE A/S logo.

News provided by

SMS PASSCODE

May 20, 2015, 07:47 ET

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COPENHAGEN, Denmark and SAN FRANCISCO, May 20, 2015 /PRNewswire/ -- With the rapid adoption of mobile devices and cloud-based services, financial institutions must respond to growing security concerns regarding remote access to their online services. SMS PASSCODE® today announced that Carolina Bank has successfully implemented its multi-factor authentication solution to secure remote access for employees to its Citrix and Outlook Web Access systems.

Financial institutions must implement strong security measures to ensure compliance with industry regulations.

  • Strengthening remote access: Carolina Bank chose the SMS PASSCODE solution when its Information Security Committee recognized an opportunity to enhance remote user security by implementing multi-factor authentication.
  • Intelligent security: SMS PASSCODE employs adaptive authentication that determines whether users are logging in from trusted locations (such as home or the office, versus an airport lounge with public Wi-Fi), and delivers the appropriate level of security.
  • Leveraging mobile for ease and convenience: The bank's small IT team needed a solution that was easy to manage and that employees found intuitive and convenient to use. SMS PASSCODE met all these criteria by leveraging the one thing users always carry with them – their mobile phone – and providing a superior user experience by taking full advantage of contextual information such as time, geo-location and type of login system being accessed.

Henrik Jeberg, managing director of SMS PASSCODE, said:
"In a world where 76 percent of all network breaches involve weak or stolen passwords, strong user authentication has become a business necessity. For financial institutions, this necessity is codified by regulatory bodies to ensure the utmost security protocols are followed. We are happy to help Carolina Bank maintain compliance by offering context-aware, real-time multi-factor authentication to its employees."

J.D. Brown, Systems Administrator, Carolina Bank, said:
"The deployment of SMS PASSCODE was very fast, and we had exceptional support throughout the process. The users have found the solution intuitive to use and convenient because they always have their mobile phone with them. We have achieved our security goals and are now able to provide remote access with more confidence."

About SMS PASSCODE
SMS PASSCODE is a technology leader in adaptive multi-factor authentication, improving enterprise security and productivity by delivering an easy to use and intelligent solution that helps ensure the safety of corporate networks and applications.

SMS PASSCODE authenticates users through their mobile devices, helping IT managers address evolving business needs with cloud applications and mobile security by dynamically authenticating users based on geo-location and login behavior patterns.

The solution secures remote access systems including Microsoft, Citrix, Cisco and Checkpoint.

Governments, telcos, enterprises and financial institutions in more than 40 countries appreciate its cost- effective, secure and easy-to-maintain offering, making SMS PASSCODE their trusted partner to securely authenticate access to services while preventing identity theft.

For more information, visit http://www.smspasscode.com

Media Contact:
Peggy Tierney Galvin
Nadel Phelan, Inc.
+1-831-440-2405 
[email protected]   

Logo - http://photos.prnewswire.com/prnh/20131024/MM03957LOGO

SOURCE SMS PASSCODE

Related Links

http://www.smspasscode.com

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