Login Protection for Corporate Internet Banking Services
Customer
Most Profitable Bank in Singapore
Industry
Financial Services
Size
15,000 employees
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Challenge
Replacement internet banking channel that complies with the security guidelines outlined by the Monetary Authority of Singapore (MAS)
Solution
AccessMatrix Universal Access Management (UAM) and Universal Authentication Server (UAS) as the standard access control and single sign-on platform to achieve:
- Single sign-on to all internet banking services and applications
- Access management to ensure access authorization are based on business rules and access privilege
- Application log consolidation
- Integration of security token for strong authentication and transaction authorization
Results
• Compliance of security requirements of the Central Bank
• Improve user experience through single sign-on feature
• Decentralize user administration, thereby enabling key corporate customers to administer their own user id and access privileges
• Reduce cost in security administration and application audit log management
