Jersey City, NJ (December 20, 2005) - Comodo Inc. , a global leader in Identity and Trust Assurance Management solutions, announced today that Boiling Springs Savings Bank , a New Jersey chartered financial institution, will employ Comodo's innovative "See, Verify, Trust" (SVT) technology to help customers validate the authenticity of its Web site, ensuring it is safe to make banking transactions online.
Online banking is one of today's greatest conveniences, but threats of identity theft that stem from phishing emails as well as phony Web sites have hindered consumers' trust in banking over the Internet. As cyber criminals become more sophisticated in their attack methods, passwords alone are not effective enough to safeguard sensitive information. Utilizing Comodo's SVT technology, Boiling Springs Savings Bank's Web content can now easily be authenticated as the real thing. Additionally, SVT takes a proactive rather than reactive approach to phishing that enables the bank to better protect critical customer information in online banking transactions.
" Protecting our customer's identity is always a top priority for Boiling Springs Savings Bank. We want our customers to know they can trust us to provide a secure environment in both the real and virtual worlds for their financial transactions, " said Ken Emerson, Boiling Springs Savings Bank's Chief Information and Technology Officer. " Comodo's 'See, Verify, Trust' technology validates our commitment and provides a solution in which we have every confidence it will ensure a secure online banking experience for our customers ."
Similar to Secure Sockets Layer ( SSL ) certificates, SVT technology is delivered through Content Verification Certificates (CVC) , which are created, distributed, and revoked using proven Public Key Infrastructure methods to provide the highest level of security for Web page content. Yet, CVCs also enhance the security levels provided by SSLs by adding a pertinent component to the online experience - trust. By applying CVCs to specified content, such as the Boiling Springs Savings Bank logo, log-in boxes and rate pages, consumers can verify if the content is genuine by dragging their mouse cursor over these items. If the site is authentic, a bright green border will outline the Internet interface window. In order to make this work, consumers need to simply download Comodo's free VerificationEngine™ software from its Web site ( Comodo.com ).
" We are pleased to be able to provide Boiling Springs Savings Bank with a first-class Identity and Trust Assurance solution for its online customer base, " said Melih Abdulhayoglu, President and CEO of Comodo. " Our Content Verification Certificate solution will allow Boiling Springs to maintain confidence and trust among its consumers thus increasing online transactional volume as well as build awareness that it is truly a leader in customer-care and security. "
Boiling Springs Savings Bank is a New Jersey chartered savings bank with $1.1 billion in assets as of December 31, 2004. The Bank is headquartered in Rutherford, New Jersey and has 13 branch locations in Bergen, Morris and Passaic Counties. Boiling Springs offers a full suite of loan and deposit products, including online banking, debit/ATM cards and bill pay services. For more information, visit our Web site bssbank.com or call (201) 939-5000.
Comodo is a leading global provider of Identity and Trust Assurance services on the Internet, with over 200,000 customers worldwide. Headquartered in Jersey City, NJ with global offices in the UK, Ukraine, Norway and India, the company offers businesses and consumers the intelligent security, authentication and assurance services necessary to ensure trust in online transactions.
As a leading Certification Authority, and in combination with the Digital Trust Lab (DTL), 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 Certificate , Identity Assurance , customer privacy and vulnerability management solutions. For additional information on Comodo - Creating Trust Online™ - please visit: Comodo.com .