Out of a survey of 679 adults, Ponemon found that the only factor outweighing security with regard to customer satisfaction was poor customer treatment and 47 percent of these consumers would move their accounts to institutions possessing more effective fraud detection and online security.

The Comodo Authentication Solution delivers one of the most secure authentication tools available because it is public key infrastructure-based, recognized as a best practice in online security, says the company. The solution also incorporates other products including Two Factor Authentication using a client certificate for authenticating the user to the institution, Comodo's Content Verification Certificate to protect key content from being spoofed by a phisher, an EV SSL certificate for online visual authentication of a site's identity and an email certificate to provide a digital signature and encryption to email correspondence, says Comodo.

"Online security and authentication, especially among financial institutions, has gone from a grey area to a flat-out demand," says Melih Abdulhayoglu, CEO and chief security architect of Comodo. "Banking customers know the dangers they face without authentication, but they don't want to be hassled or confused in getting it. We are delighted that we can deliver both compliance and ease of use in the same solution."

Last week, UK-based Internet magazine Web User awarded Comodo's Firewall Pro its 2007 Web User Gold Award in the category of Free Firewalls.