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Laurentian Bank innovates: 2 additional security barriers for online transactions |
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Laurentian Bank of Canada is the first banking institution in Quebec to implement new security measures for its Internet LBCDirect transactional solution. The new features include two additional authentication steps that grant the authorized user access to Laurentian Bank's online banking services.
In addition to the traditional Access Code and Password combination used by the majority of online transactional sites, the client must also answer one of the three previously created secret questions and choose a pre-selected personal image. During the implementation phase, users will be given a choice either to proceed to the step-by-step configuration right away or to do so during their next visit. They will have until August 21, 2007, to complete the new configuration in order to reinforce their User Access. |
