Two Japanese Banks to Deploy RSA Tokens
Two Japanese banks have selected SecurID tags from RSA Security Inc. to provide multifactor authentication for online banking. Japan Net Bank and Sumitomo Mitsui Banking Corp. (SMBC) will deploy the password generating tokens to their Internet banking users.
SMBC will offer the SecurID tags as part of the bank’s One’s Direct Internet banking service, a network with over six million users.
Japan Net Bank will deploy the tokens to over one million online banking customers. In doing so, the bank becomes the first in the world to deliver two-factor authentication to all active account holders.
“In order to meet the high security expectations of Japan Net Bank customers, we have worked to consistently provide tools and services that deliver stronger protection for online transactions,” said a representative for Japan Net Bank, in a release. “Thanks to this stronger authentication capability, [our] customers will have the confidence of knowing that their online transactions are much more secure.”