Mobile Securities Trading & Mobile Banking!
How to tackle both Identity Theft & Phishing/Pharming Challenges Simultaneously?
ReadiMinds announces its award winning new generation Software 2FA & Site Authentication technology for mobile platforms!
"It is Significantly More Secured, Convenient and Cost Effective!"

Greetings!

We all are well aware that the mobile devices are very convenient and cost effective medium for online transactions.

To enable its growth, financial regulators are not only encouraging the use of this medium, but are also allowing increasingly higher quantum of monetary values that can be transacted - be it for mobile banking or securities mobile trading.

However serious security challenges - namely phishing, pharming and identity theft frauds remain [not to mention more advanced frauds like cross-channel frauds, multi-dimension frauds, multi-vector frauds, MITM attack etc.

One could argue that smart mobile phones are nothing but PCs in a different form factor - or one could go a step further and say that wireless devices require even stronger security than the desktop PCs.

And, while you must use security certificate and encryption - this only provides the security at the "transport layer".

At the very least, your two biggest challenges in mobile environment at the "application layer" will be identity theft frauds and phishing/ pharming. While stronger user authentication [2FA] will help you address identity theft issues, you would still be exposed to the biggest of them all - phishing and pharming.

And if you were to use the traditional hardware token based 2FA, you will also have to additionally tackle issues like high cost of hardware tokens, operational cost of managing time-synchronized server infrastructure, and inconvenience of carrying the hardware tokens.

In a world, where more people are opting for more types and number of accounts with more banks and securities houses, and becoming more mobile, it is not practical for them to carry all these hardware tokens all the time - we therefore feel days of hardware tokens are numbered - if not over already. User surveys are increasingly indicating that OTP generating hardware tokens are becoming counter productive - limiting the use of online transactions.

ReadiMinds now announces its award winning software ReadiONE based stronger "user" authentication and "site" authentication, for mobile platforms - covering mobile banking and securities mobile trading.

ReadiONE provides Software 2FA based stronger user authentication, which is more secured, convenient, and cost-effective, mitigating identity theft frauds. In addition, it provides "site" authentication, mitigating phishing/pharming risk.

And as your security challenges grow, ReadiONE would provide you with additional layers of security - consisting of cross-channel fraud detection & false positive reduction, and risk-based transaction authorization.

Bottom line: ReadiONE is a complete peace-of-mind transaction security & online financial fraud prevention solution - for now and in the future - for all of your online transaction platforms!

And it is being delivered to you by multi-award winning emerging global leader in online transaction security - a Red Herring Global Top 100 Company!

You may also approach us for security advisory and training services.