How the First National Bank of Long Island increased internal security with biometric authentication
When it comes to security, banks are under a microscope. Recent cybersecurity threats have forced many banks to take action to address potential vulnerabilities within their security platform. Banks must comply with various security and financial regulations, including the Payment Card Industry-Data Security Standard (PCI-DSS), Gramm-Leach-Bliley Act (GLBA) and the Sarbanes-Oxley Act (SOX). Security auditors have suggested banks to secure internal access to customer data by implementing a strong multi-factor authentication (MFA) solution. When auditors recommended that the IT team increase the number of characters required for user passwords, it created a drain on the IT staff as complex passwords are harder to remember. This lead the First National Bank of Long Island to review many different options for MFA and the use of biometrics emerged as a preferred option.
With BIO-key's ID Director and PIV-Pro scanner, the First National Bank of Long Island benefited from:
- Multi-factor authentication (MFA) including biometrics
- Streamlined workflow with single sign-on (SSO)
- Increased security for roving users
- Greatly reduced password resets
“BIO-key offered the best pricing and their solutions were just as effective as their competitors."
— Paul Vasquez, Assistant Vice President
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