The rate of identity theft-related fraud has risen sharply since 2003, a report from research firm Gartner shows that from mid-2005 until mid-2006, about 15 million Americans were victims of fraud that stemmed from identity theft. Since 2003, millions of internet users have experienced identity fraud, resulting in losses of more than 50 billion dollars to businesses and consumers. Identity theft is being propelled forward by explosive growth in phishing and malware. Recent guidelines issued by the Federal Financial Institutions Examination Council (FFIEC) require financial institutions to move beyond single-factor authentication when verifying user identity. However, any online application accessible via username and password that would benifit from greater security would benefit from the easy to integrate additional security layer provided by Ceelox ID Online.

How it Works

Ceelox ID Online acts as an additional layer of online authentication security. The majority of all internet users access websites that are currently protected by user name and password. Online banking or investments sites, internet auction sites, credit related websites, social networking sites and list goes on. Now, imagine for a moment that your username and password access to these sites has be stolen, lost or shared. Anyone that has your username and password can now gain access. Ceelox ID Online changes that by adding a biometric layer of security using your unique fingerprint.

Now when a customer navigates to a secure website that requires a username and password to gain access, the user is required to know not only their username and password to gain access to the desired online banking site, corporate website, registered member page, restricted login page, or secure web based application; the user must also complete a successful fingerprint scan. Ceelox ID Online offers true multi-factor authentication by requiring not only the factor of what a user knows (username and password) but also what they are (fingerprint). Usernames and passwords alone are simply not enough security. Ceelox ID Online prevents identity theives and other unauthorized users from gaining access to critical online data, systems and applicaitions. New users can enroll at a customer designated location or remotely over the web. Ceelox ID Online provides true multi-factor authentication with the swipe of a finger.