First National Bank of South Africa (FNB), a division of FirstRand Bank, deployed Vanguard ez/Token to enforce accountability and mitigate the effect of keystroke logging, which captures user keystrokes (i.e. passwords) for future fraudulent use.
FNB evaluated a number of offerings, but chose ez/Token based on the product’s simple installation, minimal customization requirements and easy integration with the bank’s existing Vanguard product deployments.
Vanguard ez/Token provides two-factor authentication capabilities to combat and reduce identity theft and can be used by financial institutions to comply with many security and regulatory guidelines.
ez/Token software allows users to authenticate through either RSA SecurID or ActivIdentity tokens to the IBM zSeries Server or any other application currently using RACF authentication. Vanguard’s two-factor authentication solution provides a more secure alternative than the usual RACF user ID/password combination by replacing the password with a new, one-time passcode that is randomly generated every 60 seconds.