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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/

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