VirtualBank, Money Magazine's "Best Online Bank", recently implemented out-of-band authentication to protect its customers from the myriad attacks targeting online banking today. By enabling phone-based authentication, VirtualBank can offer their customers both unparalleled protection and a superior user experience.
Learn how VirtualBank did it and how phone-based authentication fits with your online banking security objectives. Join this webcast to see...
Why out-of-band authentication is critical to protecting online banking users from today's threats.
How VirtualBank selected and implemented an out-of-band authentication solution.
VirtualBank's goals for their new online banking authentication system, and the positive outcomes.
Securing online banking just gets harder every day. With new threats from malware and man-in-the-middle attacks making traditional authentication methods obsolete and customers suing their banks for failing to protect them, banks are searching for solutions that add the necessary level of security without negatively impacting their customer's online banking experience.
VirtualBank, Money Magazine's "Best Online Bank," takes great pride in offering their customers the very best security available. But equally important to them is the customer's online experience. Their internet banking model relies on impeccable security and incredible ease of use.
That's why they have partnered with PhoneFactor, who was recently named to Bank Technology News' FutureNow List, to offer out-of-band, two-factor protection that truly differentiates VirtualBank from their competitors.
Join Frank Barbato, VirtualBank CIO, and Steve Dispensa, PhoneFactor CTO, to learn more about this fascinating case study in the next generation of online banking security.
Frank Barbato is the Chief Information Officer of Palm Beach, Florida based Lydian Private Bank, the parent company of VirtualBank. He is responsible for all Information Technology including Internet technologies, software development, network infrastructure, security and aligning IT with business strategy. During his tenure at Lydian, Mr. Barbato has served as Chief Software Architect and has been responsible for developing enterprise software technologies and guiding Lydian's software architectural direction. Mr. Barbato has over 30 years of programming experience and delivered the technology that serves as the cornerstone of the Lydian enterprise.
CTO & Co-Founder, PhoneFactor
Steve Dispensa is CTO & Co-Founder of PhoneFactor. His many accomplishments include designing one of the world's first broadband wireless internet networks for Sprint, as well as being a five time winner of the Microsoft MVP award.
Steve received his degree from the University of Missouri at Kansas City and holds 12 patents and numerous patents pending. He continues to be an innovative technology leader, educating others on data security by writing and speaking on the topic regularly in the United States and internationally, including RSA (US & Europe), Troopers, and numerous webcasts and podcasts.