[April 02, 2012]

LexisNexis® Launches Multi-factor Authentication Solutions to Help Mitigate Identify Theft and Fraud

Addressing market needs for stronger, risk-based user authentication, LexisNexis (News - Alert)^® Risk Solutions today announced the availability of two new Multi-Factor Authentication (MFA) solutions to help financial services, health care, government, and retail organizations authenticate individuals who perform repeated high-risk, high-value transactions through remote channels, including the Web, mobile and voice.

Identify fraud is one of the fastest-growing crimes in the United States. According to Javelin Strategy and Research's annual Identity Fraud Report published in February 2012, total fraud was $18 billion in 2011. ¹

"In today's high-risk environment, multiple forms of user authentication are a 'must-have' for any organization that relies on compliance and information security for effective operations," said Dennis Becker, vice president, corporate markets, LexisNexis. "Everything hinges on the true identity of the user; and if identities are not properly authenticated, then an enterprise has no assurance that access to resources and services is being properly controlled."

LexisNexis is bolstering its current suite of identity proofing and authentication solutions - Flex ID, Instant Authenticate, InstantID®, InstantID Q&A, Instant Verify, and TrueID® -- with additional authentication methods for repeated access, including one-time password and voice biometrics.

Adding to TrueID® fingerprint biometrics, the new suite of MFA (News - Alert) solutions include:

The new services will be available through LexisNexis IVR on Demand, which includes identity proofing and voice biometrics solutions via a hosted Integrated Voice Response (IVR) that can be easily and quickly integrated into a company's current workflow.

For more information about LexisNexis Identity Management solutions, please visit http://solutions.lexisnexis.com/content/MultiFactorAuthentication.

About LexisNexis Risk Solutions

LexisNexis Risk Solutions (www.lexisnexis.com/risk/) is a leader in providing essential information that helps customers across all industries and government predict, assess and manage risk. Combining cutting-edge technology, unique data and advanced scoring analytics, we provide products and services that address evolving client needs in the risk sector while upholding the highest standards of security and privacy. LexisNexis Risk Solutions is part of Reed Elsevier, a leading publisher and information provider that serves customers in more than 100 countries with more than 30,000 employees worldwide.

¹ Javelin Strategy and Research's 2012 February Identity Fraud Report can be found here. https://www.javelinstrategy.com/brochure/239

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