LEXINGTON, MA - February 9, 2009 - Imprivata®, Inc., the converged authentication and access management today announced that Stock Yards Bank & Trust Co. (NASDAQ: SYBT), has implemented the Imprivata OneSign® Platform to provide secure and compliant access to critical data in their ITI financial applications. OneSign was chosen for its ability to integrate with existing infrastructure and manage biometric authentication access to Fiserv loan application software.
Faced with a complex environment that required multiple passwords for employees to access critical applications to do their day to day jobs, Stock Yards Bank needed a solution that would strengthen security and increase employee productivity by reducing the multiple application passwords employees previously had to remember. After an exhaustive search, the company selected the OneSign appliance for its ability to manage their biometric implementation to existing financial services applications from ITI, Fiserv and Harland.
“Remembering multiple passwords was becoming a hindrance to our employees and impacting productivity – we needed to develop a secure environment, but one where our employees didn’t have to remember so many passwords they couldn’t do their jobs,” said Jim Condra, senior vice president and chief information officer, Stock Yards Bank. “Imprivata OneSign was the only solution that could manage biometric authentication, and One Time Password(OTP) token management, across all of our existing ITI applications, eliminating the need for network passwords.”
Imprivata’s OneSign Platform is a converged authentication and access management solution conveniently packaged in an affordable and secure purpose-built appliance. It seamlessly integrates strong authentication, application single sign-on, physical access control, user provisioning and event reporting to provide one enterprise-wide automated employee information access policy managed and enforced within a single, easy-to-use administrative framework. The platform offers an effective means to achieve compliance while solving password management problems, reducing IT help desk costs and improving user productivity and security. It also easily integrates with existing systems, leveraging and extending the value of security investments throughout the enterprise.
“Financial services organizations are under tremendous pressure to increase employee productivity to remain competitive – while strengthening security protocols to prevent against potentially devastating data breaches. Stock Yards Bank stands out among its peers for its ability to accomplish these goals simultaneously,” said Omar Hussain, president and CEO of Imprivata. “Financial organizations such as Stock Yards Bank continue to rely on OneSign for its ability to manage multiple forms of authentication, significantly strengthening security and increasing employee productivity by reducing passwords for application access.”
For a full case study of Stock Yards Bank & Trust’s evaluation process, its deciding factors and the benefits Imprivata OneSign delivers, please visit www.imprivata.com.
About Stock Yards Bank & Trust
Stock Yards Bank & Trust is wholly-owned by S.Y. Bancorp, Inc., a publicly-traded bank holding company and is traded on the NASDAQ Global Select Market under the ticker symbol SYBT.
Imprivata is the converged authentication and access management company. Its OneSign platform helps organizations safeguard enterprise information assets by enabling secure employee access to networks and applications—improving user productivity and convenience, while reducing the time, risk and cost of complying with data privacy and protection regulations. OneSign has received top ratings in product reviews throughout the industry and has been awarded numerous accolades from leading publications including Information Security, InfoWorld and SC Magazine. Headquartered in Lexington, Mass., Imprivata is one of the fastest growing IAM companies with more than 650 customers and over 200 partners around the world.For more information, visit http://www.imprivata.com.
Imprivata is a registered trademark of Imprivata, Inc. in the USA and other countries. All other product or company names mentioned are the property of their respective owners.
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