Case Study for the Financial Services Industry
Client: A leading global bank in Singapore with one of the largest customer bases in Japan
Solution: Multi-Factor Authentication (MFA)
Security is of utmost importance to the financial industry to ensure the data of customers are safeguarded. Not forgetting, simultaneously, the need to ensure all existing or new relevant regulations set by the regulatory authority is being complied with.
In this scenario, the client has adopted MFA where the use of two or more factors to verify an account using a cryptographic identification device or token. It is one of the essential and most used solutions to protect data.
With the solution in place, administrative accounts in respect of any operating system, database, application, security appliance or network devices are well protected and secured to prevent unauthorized access to the data.