Mizuho Strengthens Security and Reduces Costs with SafeNet's Strong
PERNIS, Netherlands, June 26, 2014
-- Two-Factor Authentication Provides Secure Remote Access to Customers and
PERNIS, Netherlands, June 26,2014 /PRNewswire/ --Mizuho Trust & Banking
(Luxembourg) S.A. (MHTBL), a subsidiary of the trust and banking arm of Mizuho
Financial Group, is now using SafeNet's multi-factor authentication solutions
to strengthen security and reduce costs. One of the largest Japanese
financial services companies, Mizuho has implemented SafeNet's strong
authentication solution, allowing for the creation of one-time password (OTP),
two-factor authentication that provides secure remote access to the
organization's most sensitive and confidential resources.
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After evaluating several solutions, MHTBL found that SafeNet's solution
offered strong security controls, required minimal management overhead
expenses, and was easy to use for both clients and employees.In addition,
SafeNet Authentication Manager Express was optimally aligned with the bank's
MHTBL has been able to realize several key benefits:
*Strengthened Security: Highly secure, one-time passwords are generated,
which cannot be reused, hacked, or compromised. The password's two-factor
authentication mechanism ensures that only properly authenticated users
can access critical applications and data.
*Improved User Convenience: Users can quickly and easily obtain one-time
passwords for accessing the services and applications they need,
eliminating forgotten passwords and other login issues.
*Reduced Administration Effort: Through its automation of provisioning,
the SafeNet solution substantially reduces the time and effort associated
with supporting access administration, even across the company's
geographically diverse employee and customer base.
*Cost Savings: Previously, MHTBL had to rely on a third-party agency to
support provisioning and login. SafeNet's strong authentication solutions
are automated and easy to use, and the bank no longer needs to rely on an
external party, resulting in significant operational cost savings.
*Integration Flexibility: Through its support for open standards and a
broad array of technologies, SafeNet is providing MHTBL with optimal
integration flexibility. The bank is updating its current infrastructure,
and the solution's broad interoperability will help ensure an efficient
migration of authentication services into their new environment.
"With the SafeNet Authentication solution, we've been able to address the
security gaps posed by static user names and passwords. At the same time,
we've been able to improve convenience for end users, reduce administrative
effort, and cut operational costs," said Michael Mariotti, vice president and
head of IT services delivery section, information technology, Mizuho Trust &
Banking (Luxembourg) S.A.
For more information about SafeNet's authentication solutions, visit
About Mizuho Trust &Banking (Luxembourg) S.A. Mizuho Trust & Banking
(Luxembourg) S.A. (MHTBL) is a subsidiary of the Trust Banking arm of Mizuho
Financial Group, which is one of the largest Japanese financial services
companies. With more than 100 employees, and capital of $105 million (USD),
MHTBL delivers fund administration, global custody and securities agency
About SafeNet, Inc. Founded in 1983, SafeNet, Inc. is one of the largest
information security companies in the world, and is trusted to protect the
most sensitive data for market-leading organizations around the globe.
SafeNet's data-centric approach focuses on the protection of high-value
information throughout its lifecycle, from the data center to the cloud. More
than 25,000 customers across commercial enterprises and government agencies
trust SafeNet to protect and control access to sensitive data, manage risk,
ensure compliance , andsecure virtual and cloud environments. Learn more
about SafeNet on Twitter , LinkedIn , Facebook , YouTube , and Google+ .
For more information: Anina Steele+44-1276-608-055
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