Forum Credit Union Introduces Comodo S.a.f.e Solution

PRLog (Press Release) - Aug 25, 2006 -
Jersey City, NJ (August 24, 2006) - Comodo, a global Certification Authority and leading provider of Identity and Trust Assurance Management solutions, announced today that Indiana based FORUM Credit Union is deploying Comodo's S.A.F.E. solution (Safe and Authenticated Financial Engagements) to protect members from phishing and pharming attacks. FORUM will utilize key elements in Comodo's S.A.F.E. Solution including VerificationEngine, High Assurance SSL certificates, email certificates and HackerGuardian. Together, this suite provides FORUM members with increased verification of site identity and security in online banking. Comodo was chosen by FORUM because Comodo's credentials and expertise as a Certification Authority can deliver to FORUM members new technology to ensure safe banking within a platform that is one of the easiest to deploy and proven to be very user friendly.

"Comodo's highly secure solution reflects our goal to create a high level of trust with our members in their online transactions with FORUM" said Cameron Piercefield, Assistant Vice President, Technology of FORUM Credit Union. "The integrated solution that Comodo has introduced provides FORUM with a state-of-the-art security and communications infrastructure that is mission-critical, robust, extraordinarily cost effective, highly secure and flexible enough to accommodate future requirements."

FORUM Credit Union is deploying:

   * VerificationEngine - an anti-phishing tool that lets users verify site identity through validated web content before they submit any sensitive information into a log in box. Simply rolling the mouse over the log in box will display a bright green "good to go" border outside the browser environment making this trust indicator impervious to fraudsters and site imposters. Today, VerificationEngine (VE) can be used to verify the site identity of more than 200,000 organizations including financial institutions, government agencies and public companies.
   * InstantSSL™ Certificates - a High Assurance SSL that provides encryption and authentication of business identity - a key weapon in defending against online fraud.
   * Email certificates - email certificates will be used to digitally sign and encrypt sensitive communications, providing additional layers of security so that members' personal information remains protected.
   * HackerGuardian™ - a daily vulnerability scanning and certification solution that will scan FORUM's web servers to ensure they are free of known security vulnerabilities that hackers exploit. After the daily scan confirms site safety, FORUM's site will display the certification seal, called HackerShield TrustLogo, confirming the site's safety from hackers. This highly visible TrustLogo can be verified as authentic by members using VerificationEngine - making it the only "unspoofable" TrustLogo on the market today.

"FORUM Credit Union represents a progressive financial institution that recognizes the value of creating a trusted online experience for their members." said Andrew Pynes, Executive VP of Comodo. "As Comodo has set the standard for technology and service excellence in authentication and online security, we look forward to working closely with FORUM to help members conduct online transactions securely and confidentially."