McAfee, RSA to work together on banking solution

MARKHAM, Ont. –

McAfee, Inc. and RSA, the security division of EMC, announced that they have signed a definitive agreement to work together on an enhanced security solution to boost consumer confidence in online banking.

The two companies plan to leverage McAfee consumer desktop security products and the RSA Adaptive Authentication solution to help enable financial institutions to provide more comprehensive protection for banking and online transactions.

McAfee’s real-time (always on, always updating) security-as-a-service consumer products and RSA’s authentication technology will be engineered to communicate with each other securely to enhance authentication of the legitimate user to their financial institution and provide powerful protection for the identities of online banking consumers.

 The RSA Adaptive Authentication solution is designed to analyze dozens of factors, including a unique device ID (provided to each computer by the RSA system), IP address, and other browser and device characteristics to provide the second factor of authentication and confirm that the person attempting online access is the actual account owner. In addition, the technology also helps prove to the consumer that the site he/she is visiting is authentic.

There was no word on when the solution will come to market.

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Jim Love, Chief Content Officer, IT World Canada

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