RSA(R) Adaptive Authentication Selected by Zions Bancorporation to Protect Its Online Banking Customers from Fraud and Identity

The Company will Deploy RSA Security's Proven Risk-Based Authentication and Site-to-User Authentication Technologies 


BEDFORD, Mass., July 20  /PRNewswire-FirstCall/ -- RSA Security (NASDAQ: RSAS) announced today that Zions Bancorporation (NASDAQ:ZION) has chosen RSA Adaptive Authentication for its online banking system.  RSA Security's proven risk-based authentication and site-to-user authentication solutions will provide fraud and identity theft security to Zions customers accessing its services over the web.

Customers of Zions Bancorporation will soon have an even higher level of protection against fraud and identity theft with the addition of RSA Security's multifactor authentication solution.

"Through our eight subsidiaries, we service a diverse customer base, from small businesses to individuals to corporations," said Preston Wood, senior vice president and chief information security officer of Zions Bancorporation. "By leveraging RSA Security's powerful authentication solution we not only provide a higher level of security for our customers, but we are able to use risk management and transaction analysis tools that allow us to be proactive in identifying potentially fraudulent activities."

The new system goes to work even before the login process begins.  Using the customers' own computers as a second factor of authentication, it provides a positive identification based on device and network forensics, behavioral analysis and other parameters.  Then it quickly and transparently scores transactions according to the perceived level of risk and automatically adds additional security measures if needed, all with minimal impact to the online banking customer.  The RSA Security solution also delivers site-to-user authentication with a shared secret image and text phrase to allow Zions to authenticate itself to the online banking customer in order to protect against phishing, pharming and other spoofing attacks and instill confidence in the channel.

"The management of Zions Bancorporation recognizes the critical importance of assuring its customers that they can conduct online transactions anytime and anywhere without worrying about the security and integrity of the computer network," said Chris Young, Senior Vice President and General Manager, Consumer Solutions Division, RSA Security.  "Using RSA Adaptive Authentication, Zions can achieve optimal security while enjoying a flexible solution that fits the widest range of customer needs and preferences." Zions has taken a proactive and layered approach to security.  It has also deployed RSA FraudAction(TM), the Company's 24x7 anti-phishing service, and is a member of the RSA eFraudNetwork(TM) community, the world's leading network geared towards fighting online financial fraud.  With membership comprising thousands of financial institutions worldwide, the eFraudNetwork collates some of the best, most up-to-date intelligence from across the globe in real time, giving financial institutions instantaneous information and immediate protection.

About RSA Security Inc.

RSA Security Inc. is the expert in protecting online identities and digital assets. The inventor of core security technologies for the Internet, the Company leads the way in strong authentication, encryption and anti-fraud protection, bringing trust to millions of user identities and the transactions that they perform. RSA Security's portfolio of award-winning identity & access management solutions helps businesses to establish who's who online - and what they can do.

With a strong reputation built on a 20-year history of ingenuity, leadership and proven technologies, we serve more than 21,000 customers - including financial institutions representing hundreds of millions of consumers around the globe - and interoperate with over 1,000 technology and integration partners. For more information, please visit http://www.rsasecurity.com/

About Zions Bancorporation

Zions Bancorporation is one of the nation's premier financial services companies, consisting of a collection of great banks in select high growth markets. Zions operates its banking businesses under local management teams and community identities through over 450 offices and 500 ATMs in 10 Western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah and Washington. The company is a national leader in Small Business Administration lending and public finance advisory services. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices. Investor information and links to subsidiary banks can be accessed at http://www.zionsbancorporation.com/.

  Media contacts:
  RSA Security: Matt Buckley
  781-515-6212
  

DATASOURCE: RSA Security Inc.



CONTACT: Matt Buckley of RSA, [phone], 



Web site:  http://www.rsasecurity.com/

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