Suncoast Schools FCU Adds Multifactor Authentication

TAMPA, Fla. -- Suncoast Schools FCU said Tuesday it has signed with RSA Security to implement the company's multifactor Adaptive Authentication solution. The $5 billion credit union said it is deploying RSA's site-to-user authentication and risk-based authentication modules. The risk-based engine analyzes and scores every transaction based on the level of risk. When the system detects a high-risk transaction, it automatically elevates the level of authentication via secret questions or an out-of-band phone call. The nation's seventh-largest credit union will roll out the system to members in stages over the next 26 weeks. About a third of the credit union's 403,000 members are online users.