Fifth Third Named 2024 Enterprise Identity Management Project of the Year by the Identity Defined Security Alliance
June 11 2024 - 8:00AM
Business Wire
Bank Honored for Prioritizing Identity Security
for Customers and Employees
For the last four years, Fifth Third Bank has been on a
modernization transformation journey to secure and enable its
customers and employees. These efforts have been recognized by the
Identity Defined Security Alliance (IDSA), which named the Bank the
2024 Enterprise Identity Management Project of the Year. Fifth
Third is one of four companies to receive this international
award.
The IDSA is a nonprofit organization that provides
vendor-neutral education and resources to help organizations reduce
the risk of a breach by combining identity and security
strategies.
“Keeping our customers and employees secure within digital
experiences is of the utmost importance to Fifth Third,” said Lori
Anello, Fifth Third’s chief information security officer. “Identity
and access management has been reshaping our capabilities and
practices across the company and for millions of our
customers.”
“Identity management is a critical security enabler for all
digital functions across the Bank.”
Some enhancements Fifth Third is recognized for is enforcing
multi-factor authentication for employees, to protect the Bank, and
enabling seamless logins for customers using the mobile banking
app.
“The Identity Management Awards honor those organizations and
individuals who prioritize identity security as a core component of
their operational philosophy. These awards celebrate the champions
of identity management and security, recognizing those who not only
implement these practices effectively but also advocate for their
critical significance in the broader industry," said Jeff Reich,
executive director of the IDSA. "We applaud Fifth Third Bank for
their exceptional practices. They set a benchmark for others,
demonstrating excellence in identity management that can inspire
and guide peers."
The Identity Management Project of the Year – Enterprise Award
goes to an end-user organization that has implemented an identity
management and security project that exemplifies the use of
identity management best practices while providing overall value to
the business.
About Fifth Third
Fifth Third is a bank that’s as long on innovation as it is on
history. Since 1858, we’ve been helping individuals, families,
businesses and communities grow through smart financial services
that improve lives. Our list of firsts is extensive, and it’s one
that continues to expand as we explore the intersection of
tech-driven innovation, dedicated people and focused community
impact. Fifth Third is one of the few U.S.-based banks to have been
named among Ethisphere’s World’s Most Ethical Companies® for
several years. With a commitment to taking care of our customers,
employees, communities and shareholders, our goal is not only to be
the nation’s highest performing regional bank, but to be the bank
people most value and trust.
Fifth Third Bank, National Association, is a federally chartered
institution. Fifth Third Bancorp is the indirect parent company of
Fifth Third Bank, and its common stock is traded on the NASDAQ®
Global Select Market under the symbol "FITB." Investor information
and press releases can be viewed at www.53.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240611902212/en/
Beth Oates (Media Relations) Beth.Oates@53.com | 313-230-9002
Matt Curoe (Investor Relations) Matthew.Curoe@53.com |
513-534-2345
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