Experian and Symantec announced that the Centers for Medicare & Medicaid Services is deploying the two-factor credentialing offering jointly developed by the companies, to provide enterprise remote identity proofing and multi-factor authentication credential services in support of the Affordable Health Care Act.
The Experian and Symantec solution combines Experian’s identity proofing capabilities with the authentication capabilities of Symantec's cloud-based Validation and ID Protection (VIP) Service to deliver secure online identity credentials.
It will help minimize the risk of fraud by providing more than 35 million U.S. citizens with secure online access to the State and Federal Health Insurance Exchange, while complying with electronic authentication guidelines in the National Institute of Standards and Technology Special Publication SP 800-63-1 and achieving Level 3 Assurance, the companies said.
The offering will use Experian’s Precise ID platform, risk-based identity proofing that encompasses highly predictive risk assessments through a combination of identity verification, authentication and risk scoring to refine decisions about which identities should be allowed to enter into the CMS system and which should be denied access or further verified via alternate processes.
Symantec's cloud-based VIP authentication service will enable CMS to provide secure online access and transactions to help obtain compliance and reduce fraud risk. A fully hosted authentication security-as-a-service offering, VIP provides an additional layer of protection beyond standard user name and password by requiring a dynamic one-time-use, six-digit security code generated by a user's VIP credential.
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