Spokane Teachers Credit Union Deploys Comodo Two Factor Authentication Solution

PKI based client certificates deliver strong identity assurance protection that is highly configurable at lowest cost solution on the market today

February 16, 2007; 12:42 AM

Jersey City, NJ - Comodo, a global Certification Authority and leading provider of Identity and Trust Assurance Management solutions, announced today that Spokane Teachers Credit Union has deployed Comodo's S.A.F.E. solution (Secure and Authenticated Financial Engagements) for credit unions. First stage was the successful deployment of Comodo's PKI-based Two Factor (TF) authentication solution that complies with FFIEC guidelines.

COMODO S.A.F.E. SOLUTION SUMMARY

1) Two Factor (TF) Client Certificates for a High-Performance, Low Cost Solution with No Integration

The implementation of a multifactor solution requires ease of integration, ease of adoption by credit union members and ease of configurability. With Comodo TF, Spokane can support a high-performance two- factor solution while reducing operating costs. This two-factor solution offers significant advantages over other two factor solutions:

• The only PKI based two factor solution – PKI is considered by analysts as one of the strongest forms of authentication available for online security
• Lowest cost solution due to an established PKI infrastructure and digital certificate lifecycle management processes
• Virtually the easiest multi-layer solution for members to adopt because there is no change in members' online banking behavior once a DigitalID has been created. Members conveniently continue to use their existing usernames and passwords.
• High level of flexibility and configurability for the credit union
• Solution can be deployed in days
• Ease of customer support

Other key elements in Comodo's S.A.F.E. Solution that Spokane Teachers Credit Union may be deploying include:

2) Content Verification Certificates (CVC) that protect members from phishing, pharming, and man-in-the-middle attacks

The second part of the mutual authentication model includes Comodo's unique Content Verification Certificates that authenticate web content (such as a log-in box or graphics) to authenticate site identity. This is the only digital certificate on the market today that protects against man-in-the middle attacks as this solution alone delivers non-browser "green good to go" indicator confirming site identity.

3) EV SSL Certificates - High Assurance SSL Certificates

These high assurance certificates provide encryption and authentication of business identity with a new confirming green indicator in the address bar delivered through the browser interface. This new class of SSL Certificates provides a new level of identity assurance for online banking customers and is a critical component of a fully integrated identity and trust assurance best practices approach to a trusted online banking experience.

4) Email certificates for Secure Email Communications

Email certificates will be used to digitally sign and encrypt sensitive communications, providing additional layers of security so that members' personal information remains protected.

5) HackerGuardian™ – Daily Vulnerability Scanning and Certification Solution

Hacker Guardian, a PCI approved scanning service will scan Spokane's web servers to ensure they are free of known security vulnerabilities that hackers exploit. After the daily scan confirms site safety, Spokane's site will display the certification seal, called HackerShield TrustLogo, confirming the site's safety from hackers. Members using VerificationEngine can verify this highly visible TrustLogo as authentic.

6) SiteMon – Website Continuity Monitoring Service

SiteMon is a website continuity monitoring service that automatically checks websites every 10 minutes to ensure they are up, running, and viewable to the public.

About Spokane Teacher Credit Union

About Comodo

Comodo helps enterprises address digital ecommerce and infrastructure needs with reliable, third generation solutions that improve customer relationships, enhance customer trust and create efficiencies across digital ecommerce operations. Comodo's solutions include integrated Web hosting management solutions, infrastructure services, digital e-commerce services, digital certification, identity assurance, customer privacy and vulnerability management solutions. For additional information on Comodo - Creating Trust Online™ - please visit: www.comodo.com.

For more information, reporters and analysts may contact

Judy Shapiro, Comodo, (201) 963-9471, Email: [email protected]

Keely Barrett, Spokane Teachers Credit Union, (509) 344-2231, Email: [email protected]

Judy Shapiro Paul Whitehead, [email protected], 888.266.6361, 525 Washington Blvd., Jersey City, NJ 07310