Mumbai, India-based HDFC Bank has deployed layered components of the RSA Identity Protection and Verification Suite to provide a fraud prevention platform for its online customers.
The bank has joined the RSA eFraudNetwork community, a cross-institution, cross-platform online fraud network, dedicated to sharing and disseminating real-time information on fraudulent activity.
Anil Jaggia, Chief Information Officer, HDFC Bank, said: Phishing, pharming and trojan attacks are increasing in India as online banking becomes more popular. Our customers are also aware of these threats, so we needed to ensure we could offer them a secured platform that can protect their personal credentials and financial assets. Customer satisfaction is our top priority and RSA provided us with the necessary balance of online security and user convenience.
Art Coviello, Executive Vice President of EMC Corporation, and President of RSA (the security division of EMC), said: “We are proud to team up with HDFC Bank to boost both the security of its Internet banking systems and the confidence of its customers who now have visible assurances that their identities and assets are more secure.
