SECURE DIGITAL IDENTITY FOR LARGE FINANCE AND BANKING ENTERPRISES

MyID® credential management enables large finance and banking enterprises to issue and manage secure digital identities to protect user access to software, data, systems and buildings for cyber secure operations.

The finance and banking sector remains a constant target for state sponsored and organised crime hacking. Responsible for trillions of dollars and millions of customers’ sensitive information, there can be no room for cyber security compromise.

MyID® hands finance and banking enterprises the control they need over the digital identities they issue to employees to safeguard data, systems, networks and buildings from unauthorised access.

THE GROWING CYBER THREAT

500%

increase in data breaches for financial services companies in 2018

(Financial Times, 2019)

$6.4m

estimated cost of a single data breach for financial industry organisations

(IBM, Data Breach Calculator, 2019)

196

days on average required to identify a breach

(IBM, Data Breach Calculator, 2019)

MyID credential management for secure workforce identity

MyID® provides finance and banking enterprises with the software necessary to issue and manage cryptographically protected digital identities across large numbers of employees using public key infrastructure (PKI) for the most secure method of multi-factor authentication.

Trusted by leading international banks and financial services enterprises, MyID reduces the threat of data breach by removing weak user credentials from the equation. 

This means finance and banking enterprises can be certain that employees attempting to access secure networks, systems and data are who they claim to be.Security enhanced user access that still enables a seamless experience for employees to get to the information they need in their role, and with the technology they want to use.

Issue and manage employee credentials across the devices you want to use

With MyID banks and financial services organisations have the software their IT teams need to issue and manage PKI certificates to the devices they, and their employees want to use.

Smart cards, USB tokens, mobile devices and virtual smart card technology all can have credentials issued to them by MyID.

Using MyID software operators are able to easily replace, revoke, and remove employee credentials. MyID also provides the single point for operators to set and manage policies for compliant authentication, providing the auditability that is essential for today’s financial institutions.

BENEFITS

Maximum data breach protection

Remove passwords – the primary cause of data breach and build user access around cryptographically protected multi-factor authentication.

Simple integration

Simplify the integration of existing IT with PKI infrastructure for minimal disruption.

Easy management

Benefit from one software solution for operators to issue and manage thousands of workforce digital identities.

Proven

MyID is a CMS platform that has been in operation for many of the world’s most security conscious enterprises for more than 20 years.

Proven

As cybercrime, hacking, phishing and malware attacks become more advanced, futureproof processes against the growing threat with a robust digital identity system. MyID integration also means your CMS adapts as the devices and technologies your employees use change.

Cost saving

From the simplicity and ease of integration across existing infrastructure and devices, to the reduction in IT resource involvement thanks to enabling employees to self-serve, MyID CMS adds value to any finance and banking organisation’s cyber security capabilities.

CREDENTIAL MANAGEMENT SOFTWARE FOR SECURING YOUR WORKFORCE

dISCOVER mYid eNTERPRISE

Trusted By Governments and Large Enterprises Worldwide

Where protecting systems and information really matters, you will find MyID. Whether its citizen data, aerospace and defence systems, high-value financial transactions, intellectual property or air traffic control, we are proud that many leading organisations around the world choose MyID to protect themselves against data breach and ensure business continuity.