EUROPEAN BANK

How MyID credential management is helping a leading European bank issue and manage strong authentication across their workforce

In this finance use case we look at how a leading European bank is using MyID credential management software to issue and manage the lifecycle of PKI based credentials across their thousands of employees.

MYID FOR ISSUING AND MANAGING STRONG AUTHENTICATION ACROSS A LEADING BANK'S WORKFORCE

>12k

employees requiring strong multi-factor authentication

>14

global locations

>800

branches across Europe

THE CHALLENGE

As a large European bank with more than 12,000 employees requiring secure access into corporate systems and networks, the bank needed a robust authentication solution that could be deployed across a geographically spread workforce but managed centrally. To mitigate against the threat of data breach, cryptographic authentication using public key infrastructure (PKI), was the chosen method as this offered the optimum two-factor authentication (2FA) security required.

Working towards 2FA being mandated across all employees, the IT team were actively looking for a solution that would integrate with their multiple Microsoft certificate authorities (CA), hardware security modules (HSM), and enable the bank to print their own employee smart cards.

A simple and intuitive solution for IT operators to use on a day-to-day basis was essential, as was a vendor who offered future scope for deployment across other end user devices besides smart cards, including USB tokens, mobile devices, and virtual smart card enabled technology.

BENEFITS

Enhanced security

Enhanced security with best practice 2FA deployed across more than 12,000 employees and all branch locations.

Improved Control

Improved control over credential issuance and management with one centralised credential management software platform.

Reduced cost

Reduced cost through the integration flexibility of MyID to work with existing CA, HSM, and card printing infrastructure.

Simplified deployment

Simplified deployment through configuring MyID’s Lifecycle API to fit into the bank’s de-centralised structure.

Futureproofed

Futureproofed authentication security is assured as MyID continues to improve, ensuring the bank has multiple options on how its identity management solution evolves.

 

 

Download the case study

In this finance use case we look at how a leading European bank is using MyID credential management software to issue and manage the lifecycle of PKI based credentials across their thousands of employees.

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