Cleveland Fed Gets PIN Theft Deterrent

BALTIMORE - The Federal Reserve Bank of Cleveland has moved to secure its computer network with modems that render a user's personal identification numbers more difficult to steal.

The modem, from Information Resource Engineering Inc. of Baltimore, guards an organization against the theft of reusable PINs by transforming them into a new random password for each communication session. This prevents unauthorized users from gaining access to the network.

Anthony A. Caputo, chairman of Information Resource Engineering, said the modem, "protects not only a bank's files and a bank's LAN, but it also provides increased data transmission rates for remote network access. Information Resource is pleased to have The Federal Reserve Bank join our growing customer list."

Information Resource designs, manufactures, and markets network security systems that secure data transmissions on computer networks through encryption technology.

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