The XELIOS BAFIS solution covers the following:
- Remote access.
- Logical Authentication of bank staff.
- Data Encryption.
- Secure management of digital certificates.
- Fraud: Skimming and Phishing.
Security on remote access Problems
Ensuring security for remote users is essential in today’s enterprise and is exemplified in the financial institution. The financial institution has an obligation is to verify the individual’s identity and credentials used during a transaction can only be used once. The simple placement of a fingerprint on a sensor ensures only the genuine individual is granted access.
The specialized, military grade sensors utilized in BAFIS have secure logic and storage functions to ensure that only the correct fingerprints will open the secure partition and generate a user certificate. This eliminates any known technique to intercept and substitute data.
Today’s financial institution requires integration compatibility with existing authentication systems. Xelios has experience integrating with the facto standard applications such as Tivoli and RADIUS as well as in-house proprietary solutions.
Logical Authentication of on premises staff Problems
Encryption of sensitive data
Tracking the use of certificates Problem
We must link the bank users certificates to the authentication system and to allow better control over the identity of the staff sending e-mails. Increasingly, as more certificates are used this implies that if a session is active anyone can use those certificates.
With our solutions, you must submit your fingerprint to unlock the certificate and be granted the assigned rights.
Skimming and Phishing are increasingly becoming critical challenges to the financial institution. Currently most of the functionality of automatic teller machines (ATM) is based on customer recognition through credit/debit cards and a corresponding secret key (PIN). This system raises a number of safety deficiencies as these cards can be stolen, forged or lost. This results in additional costs to the institution beyond the original fraud as resolution customer support to manage these issues has its own costs.
XELIOS eliminates fraud by use of a military grade biometric sensor called the BioPAD ® device. This device allows undeniable user identification by recognizing a fingerprint in a completely secure and closed environment.
This sensor has been specially developed to work with all manner of fingerprints from both young and old, blue and white collar workers. A fake finger cannot penetrate the sensor security layers and even an amputated finger will be rejected in less than 3 seconds.
Once the user has been identified, he/she can access banking services in the ATM without using a card. By using biometric technologies for identification and validation of users it increases system security and eliminates the risk of theft or fraud that occur today with current credit/debit cards (Skimming).