VirtualBank Adds Out-of-Band Two-Factor Authentication
VirtualBank recently announced that they will be deploying PhoneFactor’s phone-based two-factor authentication to enhance security for their online banking customers. VirtualBank is the Internet Banking Subsidiary of Lydian Trust Company and serves a growing base of banking and lending clients nation-wide.
“Security comes first for us at VirtualBank and we are constantly working to make it better,” comments Frank Barbato, Virtual Bank Chief Information Officer. “We feel equally as strong about our client’s on-line experience and the impact that all the security protections have on them. After all, our clients just want to access their accounts and get on with their lives rather than answering questions about their pet’s name. PhoneFactor’s flexibility in their platform enables us to both meet today’s security needs while offering a superior user experience.”
VirtualBank has branded the process they have built around the PhoneFactor service “PhoneGuardian,” and will make it available to all of its customers free of charge.
~Sarah
