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April 24, 2008

VeriSign Helps HSBC Keep Online Banking Customers Safe

By Anil Sharma, TMCnet Contributing Editor

 

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HSBC, one of the U.K.'s largest banking and financial services organizations, is aiming to keep its online banking customers safe from identity thieves and e-criminals. With this goal in mind, the company is implementing the Extended Validation (EV) SSL solution from VeriSign (News - Alert).


 
The EV SSL builds trust and confidence among consumers by offering immediate and visible assurance that they are dealing with a legitimate banking site and not an impostor site created by identity thieves. This is achieved by displaying the symbol for a VeriSign certification on the browser window address bar.
 
VeriSign is the EV SSL certificate provider for more than 3,000 Internet domains, representing more than 75 percent of the entire EV SSL certificate market worldwide. In fact, more than 93 percent of Fortune 500 firm, and the world’s 40 largest banks, rely on some form of VeriSign SSL certificate to meet their security needs.
 
"As e-criminals grow more sophisticated, financial services leaders like HSBC must always remain a step ahead to ensure the security and trust of our customers," said Barry Jones, senior manager at HSBC’s group IT security division, in a statement.
 
Jones continued: "Deploying VeriSign Extended Validation SSL Certificates will allow us to send an instantly recognizable signal -- the reassuring green bar -- to our online banking customers, confirming that any personal information they supply on that page will go directly to HSBC and no one else. In the often unsettling landscape of today's Internet, VeriSign EV SSL protection helps us provide a safe haven for our customers."
 
"VeriSign is pleased that the world's largest banking and financial services organization is implementing VeriSign EV SSL protection," said Tim Callan, vice president of SSL product marketing at VeriSign, in a statement.
 
Callan went on: "VeriSign EV SSL Certificates are growing in popularity because they not only help secure online transactions, but they protect corporate brands and preserve the invaluable trust that companies spend years building with customers. For market leaders like HSBC, those are assets worth protecting."
 
Anil Sharma is a contributing editor for TMCnet. To see more of his articles, please visit his columnist page.
 

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