Dubai Bank to Add Additional Security Using CRYPTOCard

(PRWEB) August 26, 2008 -- CRYPTOCard (http://www.cryptocard.com/), a leading developer of two-factor authentication (2FA) technology today announced that Dubai Bank, a member of the Dubai Group, is to use its 2FA products to increase security for its corporate account customers.

"When we updated our website and our online channel platforms last year as part of the process of making Dubai Bank a fully ethical and Shari'a-compliant institution, it became clear that we needed to increase the levels of security we offered our clients to protect both them and ourselves from the risks and threats associated with password and ID theft. We spent much time researching the possibilities and decided to deploy a two-factor authentication solution to our corporate customers as a first step," said Faizal Eledath, Chief Information Officer for Dubai Bank.

"Having made the decision to use 2FA, we conducted an extensive review of all the solutions on the market, looking at the price/performance, product quality and security aspects of the market leaders. In the end the CRYPTOCard solution proved to be the logical choice for us."

The CRYPTOCard solution will be used to secure access to the online services provided to corporate customers of Dubai Bank starting in mid-2008. The solution is expected to be used to secure other online services later in 2008, following the initial roll-out.

"We found the CRYPTOCard 2FA system to be the most flexible and suited to our purpose," continued Eledath. "Rapid integration with our Microsoft-based infrastructure and our existing banking applications, and the ability to scale right up to a million users were also key factors in our decision."

CRYPTOCard's award-winning products are regularly praised for their ease of use, simplicity of integration and outstanding range of security features. The CRYPTO-Shield software and RB-1 tokens together offer the highest levels of security by allowing the bank control the level of passcode security to match the bank's security policy as and when it needs to change to adapt to compliance and regulatory requirements.

"We are really pleased to be working with Dubai Bank to secure access to their on-line banking systems. It is yet another example of how important the Internet is to trading and how 2FA reduces the risks for both the bank and its customers," said Jason Hart, senior VP Europe for CRYPTOCard. "Not only does this relationship increase our footprint in the Middle East, but it once again proves that our flexibility and the quality of our product provide the best solution for banks looking for the highest levels of security and best possible total cost of ownership."

About CRYPTOCard

With the best token technology in the industry and the lowest total cost of ownership, CRYPTOCard (www.cryptocard.com) offers unsurpassed value in solutions for positively identifying individuals before giving them access to applications, data and networks. Twenty years of technical achievements have won CRYPTOCard the trust of thousands of organizations in over seventy countries. CRYPTOCard's solutions reduce the risks associated with remote access and web-based processes, and increase compliance, at a price all businesses can afford. The only company to offer authentication in server-based, managed service and build-it-yourself options, CRYPTOCard provides the most flexible solutions on the market.

About Dubai Bank

Dubai Bank, a member of the Dubai Group, is an ethical and Shari'a-comliant bank in the UAE. Since its launch in September 2002, Dubai Bank has challenged traditional banking practices by placing service, transparency and convenience at the forefront of its operations and introducing unique products and services to the market. By bringing a breath of fresh air to the UAE's financial sector, Dubai Bank has firmly positioned itself as a catalyst for change. On January 1, 2007, the Bank became a Shari'a-compliant financial institution, with a comprehensive range of Shari'a-compliant retail and investment banking products. In addition, all of the Bank's business activities are being carried out in a manner that ensures compliance with the standards of ethical banking that are currently followed by a number of banks around the globe.

For further information contact:

Marcus Warner/Charlotte Sandy

Cohesive Communications

+44 (0) 1291 626200

cryptocard @ cohesive.uk.com

# # #

Phone Cards Links
Phone cards links to prepaid international calling cards with cheap rates to call Philippino, Katmandu, Arabia, Jakarta, Dhaka, etc., from the United States of America.

Discount Online Marketplace
Discount online marketplace features eBay online shopping. eBay offers discounts online.

HELP WANTED!
Work at home, part time, full-time. Make money online or off-line! No experience required.

Related Articles:

Ontario Phone Cards Discloses Phone Card Industry Insides
In response to the Competition Bureau request Ontario Phone Cards (http://www.ontariophonecards.ca) discloses phone card industry deceptive marketing practices.

Prepaid Phone Card Selling As A Home Business
Many people dream of owning their own businesses, and selling prepaid phone cards at home would make a nice start to a good business proposition. Starting this business should be quite easy and could convert your dreams into reality.

Making International Calls By Using Prepaid Calling Cards
If you are residing to other country, absolutely you want to be in touch with your family and friends to share your experiences and to know their experiences and feelings too. So having prepaid calling card is useful and efficient way or means to communicate. So definitely, you are thankful to have prepaid calling cards out in the market that you can easily purchase if you need to use one.

How To Save Money On Long Distance Calling Cards And Cheap Phone Cards
In the old days (7-10 years ago) there were no long distance calling cards and cheap phone cards so it could cost you a ton of money to make long distance calls. Calling your grandparents in another state or calling home from college on the weekends was very expensive and prohibitive.

Phone Cards for international Calls
Phone cards for international calls and long distance calls – talk for a while and yet save moneyThere was a time, before phone cards, when long distance and international calls – even to friends and relatives - required a good amount of preparations. Everyone making international calls had to back-calculate: How much money do I want to spend on this international call? How many minutes does it give me? And what do I need to talk for this many minutes?Sound funny?Yes it does in today's world, where phone cards are making long distance and international calls cheaper day by day.

Flat Rates Versus Per-minute Rates for Prepaid Phone Cards
The convenience made by using prepaid phone cards has allowed it to become very popular in the United States. Prepaid phone cards can be bought almost anywhere, in supermarkets, convenience stores, gas stations, bookstores etc. They're even sometimes sold in fundraisers or charity events. It is estimated that from 250 to 300 million such cards are already in circulation