Ponemon Institute Research Reveals Consumer Confidence in Online Banking Plummeting

<p><strong>Jersey City, N.J. &mdash; July 17</strong><br />Seventy-one percent of U.K. retail banking customers do not rely on their banks to provide online security, according to research recently released by Unisys. </p><p>A survey of 679 adults, conducted by the Ponemon Institute, revealed the only factor outweighing security in regard to customer satisfaction was poor customer treatment. </p><p>Previous research also indicated 47 percent of these consumers would move their accounts to institutions possessing more-effective fraud detection and online security.<br /><br />Comodo helps bolster consumer confidence through its easy-to use, public key infrastructure (PKI)-based authentication solution. </p><p>Comodo Authentication Solution delivers one of the most secure authentication schemas available because it is PKI-based, recognized as a best practice in online security. </p><p>Further, while delivering advanced authentication security that consumers need to feel reassured, it is delivered within an architecture proven to be one of the most user-friendly anywhere. </p><p>Thus, Comodo Authentication Solution delivers both an easy-to-use and highly secure authentication process so customers can feel safe doing their online banking.<br /><br />Comodo Authentication Solution incorporates several products, including two-factor authentication, using a client certificate for authenticating the user to the institution, </p><p>Comodo&#39;s content-verification certificate (CVC) protects key content from being spoofed by a phisher, and the EV SSL certificate for online visual authentication of a site&#39;s identity, as well as an e-mail certificate to provide a digital signature and encryption to e-mail correspondence.<br /><br />&quot;Online security and authentication, especially among financial institutions, has gone from a gray area to a flat-out demand,&quot; said Melih Abdulhayoglu, Comodo CEO and chief security architect. &quot;Banking customers know the dangers they face without authentication, but they don&#39;t want to be hassled or confused in getting it. We are delighted that we can deliver both compliance and ease of use in the same solution.&quot;</p>

Like what you see? Share it.Google+LinkedInFacebookRedditTwitterEmail
cmadmin

ABOUT THE AUTHOR

Posted in Archive|

Comment: