Case Study: Standard Bank eliminates remote access security risks with OneSpan authentication

Standard Bank reduces remote access risk with OneSpan and grows VPN accounts by 100%

Standard Bank Group, a leading South African banking group, faced significant security risks with its remote access systems, as traditional static passwords were vulnerable to theft and hacking. To securely enable its global employees to access corporate resources, the bank partnered with vendor OneSpan to find a robust and scalable two-factor authentication solution.

OneSpan implemented its Digipass GO 3 devices and Authentication Server Framework to provide dynamic password generation. This solution eliminated the risks associated with static passwords, prevented unauthorized access to confidential information, and maintained data integrity. The project was a success with high user acceptance, and Standard Bank noted a 100% increase in VPN accounts created within a year of deployment.

Standard Bank