VolCorp beefs up security for online app
OAKBROOK TERRACE, Ill. and ZURICH (2/24/11)--Volunteer Corporate CU (VolCorp), Oakbrook Terrace, Ill., has deployed VASCO's DIGIPASS GO 6 in combination with VACMAN Controller to secure online access for its member credit unions.
Several years ago, VolCorp rolled out DIGIPASS GO 6 to protect access to VolCorp Online, an online tool for its member credit unions. The adoption of multi-factor authentication was prompted by the increased risk of online attacks in the financial industry and recommendations by the National Credit Union Administration (NCUA). The NCUA issued guidance to credit unions that Internet-based services should use appropriate security measures and technologies to authenticate users.
VolCorp decided to implement VASCO's DIGIPASS GO 6 in combination with the authentication software, VACMAN Controller, to meet the NCUA's compliance recommendations and because it could be readily integrated with existing applications.
More than 2,500 credit union users have been equipped with a customized DIGIPASS GO 6, allowing them to securely log-on to VolCorp Online. The new feature replaces static passwords with dynamic one-time passwords.
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