Case Study: Diamond Bank achieves stronger fraud prevention and enterprise-wide two‑factor authentication with OneSpan IDENTIKEY

Diamond Bank strengthens fraud prevention strategy with VASCO’s authentication platform

Diamond Bank, a leading Nigerian bank, faced rising targeted attacks, stolen-credential fraud and social engineering risks to its online and internal systems. To strengthen employee access controls and leverage its existing two‑factor infrastructure, Diamond Bank selected OneSpan, deploying the IDENTIKEY Authentication Server together with DIGIPASS GO 6 and PIN‑protected DIGIPASS 260 tokens for strong authentication.

OneSpan’s solution was integrated into the bank’s core banking, VPN, Windows workstations and corporate web applications, with middleware and professional services support for deployment and governance. The rollout secured more than 8,000 employees, delivered a rapid return on investment, provided live audit views and a single system of record for authentication, and helped Diamond Bank meet the Central Bank of Nigeria’s two‑factor authentication mandate.

Diamond Bank