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PRESS RELEASE
For additional
information, contact:
David Burt, Secure Computing Corporation
206-336-1541,
david_burt@securecomputing.com
Secure Computing’s
SafeWord Strong Authentication Solution Implemented by FDIC
SAN JOSE, CA, January 9, 2005 –Secure Computing
Corporation (NASDAQ: SCUR), the experts in securing
connections between people, applications and networks™, today
announced that the Federal Deposit Insurance Corporation
(FDIC) has purchased Secure Computing’s SafeWord®
PremierAccess® strong authentication solution to protect data
used by employees who telecommute or access agency resources
remotely.
In a 2004 report issued by the FDIC entitled “Putting an End
to Account-Hijacking Identity Theft,” the FDIC stated that,
“Fraudsters are taking advantage of the reliance on
single-factor authentication for remote access to online
banking, and the lack of E-mail and Web site authentication,
to perpetrate account hijacking. Financial institutions and
government should consider a number of steps to reduce online
fraud, including upgrading existing password-based
single-factor customer authentication systems to two-factor
authentication.”
“We are very pleased that the FDIC is using Secure Computing
as one of its authentication solutions,” said Vince Schiavo,
senior vice president, worldwide sales and marketing at Secure
Computing. "SafeWord could also be a particularly attractive
two-factor authentication solution for banks because SafeWord
products are smoothly interoperable with many of third-party
applications, offer low total cost of ownership and are easy
to manage for an unlimited number of users.”
For this transaction with the FDIC, Secure Computing was in
partnership with Emergent OnLine, one of the most trusted IT
integrators for the US Government. “This is another
significant win for both Emergent OnLine and Secure
Computing,” said Paul Ghostine, co-founder and CEO of Emergent
OnLine. “Secure Computing’s world-class products and
outstanding sales support make them a great partner to work
with, and we look forward to closing more deals with them.”
About Secure Computing
Secure Computing (NASDAQ: SCUR) has been securing the
connections between people and information for over 20 years.
Specializing in delivering solutions that secure these
connections, Secure Computing is uniquely qualified to be the
global security solutions provider to organizations of all
sizes. Our more than 14,000 global customers, supported by a
worldwide network of partners, include the majority of the Dow
Jones Global 50 Titans and the most prominent organizations in
banking, financial services, healthcare, telecommunications,
manufacturing, public utilities, and federal and local
governments. The company is headquartered in San Jose, Calif.,
and has sales offices worldwide. For more information, see
http://www.securecomputing.com.
About Emergent OnLine
Emergent OnLine has been a leader in the technology consulting
arena for more than a decade. We are redefining the
marketplace again by adding innovative capabilities to better
serve the needs of our mature and emerging clients. Occupying
a coveted position as a leading IT consulting integration
firm, Emergent delivers a range of IT solutions, coupled with
extensive industry experience. Our mission is to partner with
our clients to leverage the use of best-of-breed enabling
technologies, in order to improve productivity, reduce the
Total Cost of Ownership and maximize Return On Investment,
with the ultimate objective of creating and sustaining a
strategic competitive advantage.
For more information about EOL solutions and services, please
visit
www.emergentonline.com.
###
All
trademarks, trade names or service marks used or mentioned
herein belong to their respective owners.
This press release contains forward-looking statements
concerning the anticipated relationship between Secure
Computing and the FDIC and their use of the SafeWord product,
and such statements involve a number of risks and
uncertainties. Among the important factors that could cause
actual results to differ materially from those indicated by
such forward-looking statements are delays in product
development, undetected software errors or bugs, competitive
pressures, technical difficulties, changes in customer
requirements, general economic conditions and the risk factors
detailed from time to time in Secure Computing's periodic
reports and registration statements filed with the Securities
and Exchange Commission.
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