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Online banking protection partnership

Kobil Systems : 20 June, 2013  (Company News)
Kobil Systems will work with Intertech on the development of security protection for onling banking users
Online banking protection partnership

Intertech will use and promote KOBIL solutions to secure online banking users. Intertech provides a wide range of Information Technology services to the finance industry and maintains its leadership position across Turkey and in the region. KOBIL Systems is a trendsetter IT security manufacturer and develops innovative technologies in the area of data security and digital identity.

Intertech's first customer that will adopt KOBIL security solutions will be DenizBank. DenizBank is acquired by Russian banking giant Sberbank in 2012 and is one of the biggest private banks in Turkey. Intertech and DenizBank will integrate KOBIL Application Security Technology (AST) for secure mobile banking and 2-factor authentication on multi-channel banking. KOBIL's AST is an enabling technology to work with digital certificates on all platforms (iOS, Android, Windows) and all types of devices (Smart Phones, tablets, PCs). Intertech and DenizBank also preferred KOBIL SecOPTIC as a replacement of Vasco one time password (OTP) tokens to counteract the latest man-in-the-browser attacks on end users PCs. SecOPTIC is the new OTP technology which serves to safeguard the security of transaction data by signing what you see (WYSIWYS) on device display.

The latest development from IT-Security Manufacturer KOBIL is in the form of user-friendly, innovative and modular platform, 'Application Security Technology (AST)'. Its modular functionality allows it to tie in additional services as needed, such as mobile payment, e-commerce, and secure messaging. The server provided by KOBIL (SSMS) securely combines the banks' core system with all desired modules. The innovative Secure Dual Communication Technology (DCT), completely separating the actual transaction from the authentication, is precluding an attack by hackers, ensures that security is always at the highest level despite the bank's large number of new opportunities. In conjunction with the security server and technology update, the solution is capable of responding to rapid future threats and not only guarantees the highest level of security, but also investment protection. The IT-Innovation award presented to KOBIL in 2012 by The University of St. Galen and University of Zurich is further acknowledgement of this globally unique solution.

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