Bank Of Ireland has chosen Baltimore Technologies to provide a security infrastructure for Internet banking, Baltimore announced.
In a service designed for business customers, Commercial Electronic Banking, the $54 billion-asset Irish bank will deploy a full public key infrastructure based on Baltimore's Unicert technology. The data encryption keys are 128 bits long, and digital certificates will satisfy authentication and nonrepudiation requirements.
"Our aim is to provide leading-edge access to bank accounts and transactions," said Maurice Chadwick, Bank of Ireland's information technology program manager. Internet banking "can only be fully exploited if (customers) trust us to provide a secure service. We chose Baltimore Technologies because of their advanced systems for e-commerce security and the versatility of their product offerings."
Baltimore Technologies chief executive officer Fran Rooney said the project indicates how public key technology is becoming imperative if banks are to build into their services the strongest possible security without restrictions on use.