PNB Housing Finance Limited Inks Security Deal With AuthShield

PNB housing finance limited has selected AuthShield as a security installation to safeguard the financial accounts of their customers. Authshield is the innovative product of Innefu Labs, an Information Security Company.

With an increase in incidents related to hacking, tightened security around consumer accounts has become a vital must for financial service providers. Recently, PNB signed a deal with AuthSheild Labs, a budding Indian Information Security and R & D organization.

E-Mail hacking is an integral part of any hacking attack today and 65 percent of the top hacking attacks start with a simple credential attack. Keeping that in mind, AuthShield is designed to prevent hacking attacks on emails, ERPs, etc. It uses a protocol level decoding engine with voice and face identification capabilities to safeguard emails and ERPs.

The co-founder of AuthSheild, Tarun Wig while displaying happiness on this occasion stated that, “Despite being young in the industry, large public organizations are showing trust in our capabilities which give us strength to work harder on developing security products at affordable costs. We are certain about our capabilities and aim at becoming the market leaders in Information Security Sector in the coming years”.

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