Wachovia uses RSA for new security suite
Charlotte Business Journal - 2:28 PM EST Monday
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As part of its new Security Plus suite of services designed to thwart online theft and fraud, Wachovia Corp. is using a service provided by RSA.
The RSA Adaptive Authentication product provides behind-the-scenes protection for online banking customers and is part of the new security features the bank announced last month.
Wachovia Security Plus is a package of security measures designed to deter fraud. It is available for retail, small-business, brokerage and other online banking customers. The bank is developing comprehensive online security services for clients across all lines of business that will be introduced later this year.
Wachovia has also become part of the RSA eFraudNetwork community, an online anti-fraud network that includes more than 50 large financial institutions.
RSA, a division of Massachusetts-based EMC Corp. (NYSE:EMC), provides security products in identity assurance and access control, encryption and key management, compliance and security information management and fraud protection.
Charlotte-based Wachovia (NYSE:WB) operates 3,400 retail-banking offices from Connecticut to Florida and west to Texas and California. As of Sept. 30, the bank had assets of $559.9 billion and market capitalization of $88.2 billion.
