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Secure Single Sign On Solution for Financial Organizations/B

M2SYS Biometric Secure Single Sign On Solution is a cost-effective, server-based back-end that offers enterprise-wide identity and password management as well as data protection that is easily deployed and managed by your IT department. With a single solution that supports strong authentication techniques, banks can protect corporate and personal data while ensuring industry mandated compliance with governmental regulations.

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Secure Single Sign On Solution for Financial Organizations/B

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  1. Biometric Secure Single Sign-On (SSO) Software for Banks and the Financial Services Industry Eliminate Passwords and Increase Security in your Bank The increasing number of enterprise security data security breaches combined with the pressure on the financial services industry to implement methods of password management, identity management, data and network security, and two factor authentication has never been stronger. The sharing or theft of user passwords still remains the number one reason that corporate data is compromised. We help to solve this problem by allowing the financial services industry the ability to implement a centralized password management repository for single sign-on and secure access to internal applications. What is Single Sign-On? A cost-effective, server-based back-end that offers enterprise-wide identity and password management as well as data protection that is easily deployed and managed by your IT department. With a single solution that supports strong authentication techniques, banks can protect corporate and personal data while ensuring industry mandated compliance with governmental regulations. www.m2sys.com © 2014

  2. What Data Breaches Really Cost Money motivates most cyber crooksand the most popular way to access it is through penetration of internal bank and financial service networks looking for information to sell or exploit. Consider these facts about banking and financial service data breaches: • Average data breach cost is $3.5m. Trend: costs going up. • Average detection and escalation costs are between $0.3m – $1.3m per breach. • Average notification costs are between $0.02m – $0.5m per breach. • Average post data breach expenses are between $0.4m – $1.6m per breach. • Average business costs losses are between $0.25m – $3.3m per breach. • Average number of breached records: 18,600 – 20,100 (rounded) • Indirect costs account for between 40% and 67% of post data breach costs We just passed the first half of 2014, and already we have witnessed many high profile data breaches in the U.S.: Source: ITRC Surveys & Studies (http://www.idtheftcenter.org/images/breach/ITRC_Breach_Report_2014.pdf) www.m2sys.com © 2014

  3. True Cost of Data Breaches (a 2013-14 Study) www.m2sys.com © 2014

  4. Why should banks use SSO?Biometric SSO: A Critical Part of Security Strategy FeaturedBenefits www.m2sys.com © 2014

  5. How Biometric SSO Works?Establish a Secure Authentication Framework www.m2sys.com © 2014

  6. How Does Biometric SSO Help Increase Security? Enterprise Password Management & Network Security Software Biometric secure Single Sign-On (SSO) software allows you to increase security and reduce the expense of password management at your bank. Our enterprise password management and network security software is an ideal solution for banks and financial organizations who are looking to secure their networks against risky password practices among users as well as lowering support costs for resetting passwords and dealing with unauthorized access. Key Benefits • Replace insecure passwords that are used to protect data, emails, login, etc. with biometrics • Easily scale from one to thousands of users with multiple types of authentication devices • Protect corporate data from unauthorized access and insider threats • Generate real-time reports showing which users are accessing specific PC’s, networks, and applications • Reduce help desk calls • Fast return on investment (ROI) www.m2sys.com © 2014

  7. How Does Biometric SSO Help Increase Security? Features and Benefits: • Enterprise Login : To computers (desktops/laptops), core software, banking apps, web servers & websites • Biometric Single Sign-On (SSO): Secure one-touch login to any application • Centralized User Management: Centralized management of user’s rights, policies and credentials right from active directory users and computers • Strong Multifactor Authentication: Fingerprints, finger vein, palm vein, smart cards, passwords or any combination of these credentials • Authentication in core banking software: Integratable with any CRM and product lifecycle management software platform that powers core banking operations • Wide Range of supported Hardware: Use either M2-FuseID™ (multimodal reader), M2-FingerVein™ or any M2SYS fingerprint reader • Database compatibility: Supports any SQL compliant database, including MS SQL Server, Access, MySQL, Oracle 9i, DB2, Informix www.m2sys.com © 2014

  8. Contact Us www.m2sys.com © 2014

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