Hosting News Entrust Enables Strong Authentication for Societe Generale with Easy-to-use, Cost-effective Platform 2008-11-06
Entrust IdentityGuard grid card deployment helps save Societe Generale money,
enables secure access to company's Web resources
DALLAS, Nov. 5 /PRNewswire-FirstCall/ -- With the increasing
pervasiveness of online identity theft, Societe Generale, a respected French
bank, sought an extra level of confidence to ensure that online transactions and
enterprise communications were safer and more reliable. In a strategic move,
Societe Generale displaced high-priced, third-party hardware tokens in favor of
Entrust, Inc. (NASDAQ: ENTU) and the Entrust IdentityGuard versatile
authentication platform, a component of a strong layered security model.
"Not only did we save money by dropping our high-priced hardware tokens, we did
so with an authenticator that is easy to use, simple to deploy and concurrently
enables secure access to our corporate resources, applications and intellectual
property," said Didier Lajarrige, IT manager at Societe Generale. "The Entrust
IdentityGuard platform is an efficient, cost-effective solution that has helped
enable us to meet today's security challenges while also keeping an eye on
future business needs as we evolve."
Facilitated by technology partner Digital People, Societe Generale, one of the
largest banks in France, expects to deploy 1,500 Entrust IdentityGuard grid
cards with the potential of extending to thousands of users. The grid cards,
which were cited as being both secure and easy to use, will be leveraged to
authenticate access to the company's investment Web portal for high-end clients.
"Societe Generale required a solution that could provide stronger authentication
than that of a simple username and password," said Entrust Chairman, President
and Chief Executive Officer Bill Conner. "Showing initiative as a respected
financial institution in France, Societe Generale will be able to secure users
at a fraction of the cost of their previous hardware token strategy."
Offering one of the widest ranges of authenticators on the market today, Entrust
IdentityGuard is the versatile authentication platform of choice for
organizations that require a solution that is not limited by the
"one-site-fits-all" approach.
Entrust IdentityGuard enables organizations to layer security -- according to
access requirements or the risk of a given transaction -- across diverse users
and applications. The platform's authentication options include strong username
and password, IP-geolocation, machine/device, questions and answers, out-of-band
one-time passcode (delivered via voice, SMS or e-mail), grid cards and a range
of low-priced, one-time-passcode tokens. Entrust IdentityGuard also provides
multiple methods of supporting mutual authentication, including picture and
caption replay.
Societe Generale is one of the largest financial services groups in the Eurozone.
The organization operates in 82 countries and employs 151,000 people worldwide.
Societe Generale serves 27 million individual customers worldwide, offering a
wide-range of products and services from current account services to more
sophisticated products.
About Entrust
Entrust [NASDAQ: ENTU] secures digital identities and information for consumers,
enterprises and governments in more than 1,700 organizations spanning 60
countries. Leveraging a layered security approach to address growing risks,
Entrust solutions help secure the most common digital identity and information
protection pain points in an organization. These include SSL, authentication,
fraud detection, shared data protection and e-mail security. For information,
call 888-690-2424, e-mail
entrust@entrust.com or visit
http://www.entrust.com/.
Entrust is a registered trademark of Entrust, Inc. in the United States and
certain other countries. In Canada, Entrust is a registered trademark of Entrust
Limited. All Entrust product names are trademarks or registered trademarks of
Entrust, Inc. or Entrust Limited. All other company and product names are
trademarks or registered trademarks of their respective owners.
Photo:
http://www.newscom.com/cgi-bin/prnh/20060720/NYTH074LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk,
photodesk@prnewswire.com
SOURCE: Entrust, Inc.
CONTACT: Brooke Hamilton, Media Relations of Entrust, Inc.,
+1-972-713-5915, brooke.hamilton@entrust.com
Web Site: http://www.entrust.com/
Click here for more information
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