Confronting Cyber Risk: Why One Bank Adopted Biometrics to Move Away from Passwords
Join us for an exclusive on-demand webinar featuring Orange Bank & Trust Company as they share their journey of modernizing their authentication strategy. Gain valuable insights into the motivations behind their decision, the authentication solutions they evaluated, and why they ultimately chose to implement Identity-Bound Biometrics (IBB) as a crucial component of their security strategy.
In today's digital landscape, commercial banks face escalating cyber threats that require proactive measures to safeguard sensitive customer data. Recognizing the need for robust security, regulatory bodies such as the FFIEC and OCC have emphasized the importance of layered security and Multi-Factor Authentication (MFA) to mitigate risks and prevent unauthorized access.
Driven by recommendations from their IT Security Officer and auditors, Orange Bank & Trust Company embarked on a transformative journey to enhance their authentication framework. They recognized that traditional password-based systems were no longer sufficient to combat sophisticated cyber attacks. Instead, they embraced MFA and leveraged the power of IBB.
During the webinar, you'll discover:
- The driving factors behind Orange Bank & Trust Company's decision to modernize their authentication strategy.
- An overview of the authentication solutions they evaluated, including the benefits and limitations of each option.
- The reasons behind their selection of Identity-Bound Biometrics and how it aligns with their security objectives.
- Best practices and key considerations for implementing Identity-Bound Biometrics in your own organization.
Don't miss this opportunity to learn from industry experts and gain valuable insights into the future of authentication. Register now to access the on-demand webinar and discover how Orange Bank & Trust Company successfully embraced Identity-Bound Biometrics to bolster their security posture and protect their customers' information.
"BIO-key provides both biometric authentication and a proven suite of IAM solutions that provide security flexibility and value over approaches offered by other vendors."
Kathy Pinto, VP of Information Technology
Orange Bank & Trust