LETIX selects Comodo to provide authentication and online identity assurance best practices

Released on = May 23, 2007, 10:09 am

Press Release Author = Comodo Group

Industry = Software

Press Release Summary = Comodo provides LETIX Mutual Authentication technology to
enable secure and authenticated access to sensitive data

Press Release Body = Jersey City, NJ (May 22, 2007) - Comodo, a global Certification
Authority and leading provider of Identity and Trust Assurance (ITA) Management
solutions, announced today that LETIX has selected Comodo to protect, secure and
authenticate access to its database that houses sensitive financial information.
LETIX, a not-for-profit organization supporting law enforcement's need for real time
fraud data, will benefit from advanced authentication technologies that will ensure
only authorized access to this sensitive information.

Comodo\'s Mutual Authentication Solution is based on strong Public Key Infrastructure
(PKI) and includes Two Factor (TF) client certificates for LETIX authentication of
the User and Content Verification Certificates (CVCs) to enable the User to verify
the authenticity of the LETIX login box. Together, this provides the only PKI based
solution that is both secure and user-friendly.

\"The continued advances in authentication technologies allow us to offer this new
level of access for LETIX subscribers so they can access the data securely even
though they are using diverse technical platforms.\" said Melih Abdulhayoglu, CEO and
Chief Security Architect of Comodo. \"By working with leading law enforcement
companies like LETIX, we are able to deliver an integrated, best of breed solution
without risking the security or safety of their subscribers.\"
COMODO MUTUAL AUTHENTICATION SOLUTION SUMMARY
1) Two Factor (TF) Client Certificates for a High-Performance, Low Cost Solution
with Easy Integration

The Comodo Two Factor solution provides the ability for LETIX to authenticate the
identity of a user trying to log in. Comodo TF installs a digital certificate onto a
subscriber\'s PC, converting the PC into a \"smart token\". Comodo TF offers
significant advantages over other two-factor options:

* Comodo is one of the only PKI based two factor solutions offered by a
Certification Authority. PKI is considered one of the strongest forms of
authentication available for online security
* One of the lowest costing two factor solutions due to an established PKI
infrastructure and digital certificate lifecycle management processes
* High level of flexibility and configurability
* Solutions can be deployed in days

2) Content Verification Certificates (CVC) ensure subscribers can be protected from
phishing, pharming, and man-in-the- middle attacks

The second part of the mutual authentication model includes Comodo\'s unique Content
Verification Certificates that authenticates web content (such as a log-in box or
graphics) to authenticate site identity. This is the only digital certificate on the
market today that protects against man-in-the middle attacks as this solution alone
delivers green \"good to go\" indicator confirming site identity. LETIX subscribers
will be able to verify LETIX\'s site identity using a reader called
VerificationEngineT which can be used to authenticate the identity of over 200,000
home page logos.

\"LETIX is designed as a collaborative community of law enforcement, credit card
companies and financial institutions, so maintaining intuitive yet highly-secured
access was a key requirement. We are committed to the PCI security standards, and
our partnership with Comodo helps us meet and exceed the high standards we set for
ourselves alongside the industry standards,\" said Mr. Dean Heistad, CTO of LETIX.
\"It is paramount, therefore, that we offer a best practices authentication process
that provides full authentication but does not impede a user\'s ability to get into
the system. We are excited to work with Comodo to provide this level of
authentication that reflects a best practice approach advocated by government
guidelines, yet within a process that our stakeholders will be able to use easily.\"

For more information, please visit www.comodo.com/banking
About LETIX:

LETIX, (Law Enforcement Technology Information Exchange), is a not-for-profit
501(c)3 charitable organization connecting the financial services industry with law
enforcement agencies. Our goal is to deliver technology and services that streamline
and increase the effectiveness of identity theft and fraud related investigations
for both financial services institutions and law enforcement agencies. The LETIX
team includes veterans from the financial services, law enforcement, investment, and
information technology industries. For more information about LETIX and access to
LUCID, please contact partners@letix.org.
About Comodo

Comodo, through its group of Internet security companies, is a leading Certification
Authority and global provider of Identity and Trust Assurance services on the
Internet. Comodo secures and authenticates online transactions and communications
for over 2,000,000 businesses and consumers.

With a global presence Comodo offers businesses and consumers third-generation
solutions for intelligent security and authentication technologies that create trust
online. Comodo\'s technological expertise includes PKI digital certification, Code
signing certification, integrated authentication infrastructure services, Web
Content authentication, Secure messaging solutions, regulatory compliance
solutions, and digital e- commerce services.

For additional information on Comodo - Creating Trust OnlineT visit
http://www.comodo.com

Web Site = http://www.comodo.com

Contact Details = +1 888 266 6361
www.comodo.com

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