RSA announced the RSA SecurID 1100 Display Card, an event-based, one-time password (OTP) authenticator in a flexible card form-factor designed to help financial institutions and their customers secure online accounts and transactions with two-factor authentication.
The card is easily carried in a wallet or purse, helping to solve the problem faced by financial institutions of how to ensure that their customers are protected by strong authentication in an easy-to-use manner. With the push of a button, a new one-time password is generated on the card’s display providing organizations with two-factor authentication capabilities designed to protect consumers’ online financial transactions – including account access, bill pay, and money transfers.
The convenience and attractiveness of the RSA SecurID Display Card will help bolster consumer acceptance and adoption of two-factor authentication worldwide while increasing the security of online accounts, especially in countries where there is limited online fraud protection. In addition, the card helps to meet established and developing information security regulations and guidelines related to Internet banking that vary by region.
- In Latin America, the RSA SecurID Display Card supports specific regulatory mandates related to online security and two-factor authentication including Articulo 52 de la CNBV (Mexico), Normativa 3400 (Chile) and Circular 052 (Colombia).
- In the Asia Pacific region, financial services regulators, including the Monetary Authority of Singapore, the Hong Kong Monetary Authority and Bank Negara Malaysia have issued guidance for banks around the implementation of two-factor authentication as an additional layer of account security.
- In Europe, two-factor authentication has long been used by consumers to protect their online transactions and has been the de-facto standard in areas including Northern Europe.
- In North America, the use of the RSA SecurID Display Card directly supports Federal Financial Institutions Examination Council (FFIEC) guidance requiring two-factor authentication technology deployments within Internet banking environments.