CoreSight - leading Australian security - CoreSight - leading Australian security

Imprivata's OneSign Solves Password Management, Access and Compliance Issues at Credit Unions

CoreSight partner, Imprivata continue to experience significant growth and momentum within the financial services industry as an increasing number of credit unions and financial institutions have selected their OneSign appliance to solve the password management, access and compliance challenges that the local financial sector are obligated to.

Many credit unions and financial organisations are required to adhere to government and industry regulations, such as Basel II and PCI compliance.  Each of these requires financial services organizations to tighten up security across their companies and consider strong authentication for access to both customer-facing and internal applications.
Organisations throughout the financial services industry have seen increases in identity theft, malicious outside attacks and inappropriate internal use, making it even more important that solid protections are implemented.

Northeast Credit Union, located in New Hampshire (USA), selected Imprivata’s OneSign Single Sign-On (SSO) to quickly and effectively solve the company’s password management, security and user access issues. “We needed a solution that was quick to implement and easy to maintain,” said Mike Gagnon, VP, Information Technology of Northeast Credit Union. “Imprivata’s SSO solution was up and running in no time and we are thrilled at the new security posture at the company. We are no longer burdened with password issues and have been able to more efficiently prove regulatory compliance.”

“Imprivata understands the security challenges credit unions face and strives to deliver strong products that are flexible enough to directly meet their needs,” said Omar Hussain, president and CEO of Imprivata. “Dealing with the ever-increasing amount of regulations in the financial services industry can be an enormous time expenditure for organizations. With OneSign, companies can better manage and record access, making compliance easier while increasing overall security.”

Australian financial organisations are set to follow US companies such as Delta Community Credit Union, NASA Federal Credit Union, Northeast Credit Union and Telhio Credit Union to experience improved access management and tighter security with OneSign.