Banamex Protects Business Banking Customers from Internet Fraud with Secure Computing's
SafeWord Strong Authentication Solution; Largest Strong Authentication Device Deployment
in Latin America
MEXICO CITY & SAN JOSE, Calif., Nov 15, 2005 (BUSINESS
WIRE) -- Banco Nacional de Mexico (Banamex), the leading financial group
in Mexico, and Secure Computing Corporation (NASDAQ:SCUR), the experts in securing
connections between people, applications and networks(TM), today announced the 2006
availability of Secure Computing's SafeWord(R) PremierAccess(R) strong authentication
solution to companies and individuals that use Banamex's BancaNet and BancaNet Empresarial
on-line banking solution. The initial deployment will be the largest in Latin America,
and will be comprised of over one million SafeWord authentication devices made available
to Banamex banking customers.
As part of Banamex's commitment to offer customers the most innovative technology
and security, the company will deploy the SafeWord PremierAccess solution, called
NetKey Banamex(R) to business customers and individuals to eliminate the vulnerabilities
inherent with fixed passwords, which can be stolen, guessed, or intercepted over
the Internet. SafeWord devices are small electronic devices that generate a series
of one-time-only passcodes for use when Banamex business customers perform banking
over the Internet. Because the passcodes can only be used once, they are useless
if stolen. SafeWord offers end users a secure yet intuitive and easy-to-use solution
for conducting internet banking.
"We are committed to providing superior on-line banking services and protecting
our customers with leading-edge security technology like NetKey Banamex (SafeWord),"
said Mr. Marcelo Scaglia, executive vice president of Banamex. "We chose NetKey
Banamex because Secure Computing worked closely with us to provide a solution that
was tailored to our needs, easy to install and deploy, and had the lowest Total
Cost of Ownership (TCO) because unlike other offerings, NetKey Banamex devices do
not expire." Added Mr. Scaglia, "Secure Computing has proven to be a valuable strategic
partner and has demonstrated its ability to execute large-scale, complex banking
implementations."
Banamex will deploy 300,000 SafeWord devices to business customers throughout Mexico
as the first step of a wider deployment of SafeWord to Banamex retail banking customers.
Over the course of 2006, Banamex will deploy hundreds of thousands more devices
to the company's retail banking customers.
"Banamex stands out from competing banks because of the company's unparalleled commitment
to providing safe and efficient banking services, so it's no surprise they would
be an early adopter of strong authentication," said John McNulty, chairman, president
and chief executive officer of Secure Computing. "SafeWord authentication solutions
are gaining momentum in the banking market around the world, as financial institutions
look to trusted security providers to secure their most important asset -- the trust
of their customers."
About Banamex
Grupo Financiero Banamex Financial Group is the leading financial group in Mexico.
Following a universal banking strategy, it offers a great variety of financial services
to corporations and individuals, including commercial and investment banking, insurance,
and investment management. Banamex, founded in 1884, is the main commercial bank
in Mexico in terms of equity and earnings. The Bank has an extensive distribution
network of over 1,400 branches and 4,900 ATM's located throughout the country. For
more information please visit
www.banamex.com.
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.
SOURCE: Secure Computing Corporation
Banamex
Maria Luisa Diez Resines,
011 (52) 55 2262 6970
mariadiez@banamex.com
|
Secure Computing Corporation
David Burt,
206-336-1541
david_burt@securecomputing.com
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