With VeriSign® Extended Validation (EV) Secure Sockets Layer (SSL) protection, Flagstar is building trust and confidence among its customers by offering instantly recognizable assurance that they have reached the genuine Flagstar site. This easily identifiable source of assurance has led to a 10 percent increase in online enrollments.(1) As fraudsters seek to exploit the current economic crisis in their phishing attacks,(2) trust indicators like those provided by EV SSL's green address bar are instrumental in helping protect online customers.
"Our move to EV was part of a major modernization of our Web presence in which we improved navigability, added functionality and enhanced personalization," said Jason Dufner, senior vice president, IT Content and Banking Systems at Flagstar Bank. "Whenever we perform such an overhaul, it's important to continue to advance in information security, and VeriSign EV SSL was just the right thing. The EV green address bar assures our customers that they're dealing with the real Flagstar in a way that's more visible and reliable than ever before."
Flagstar Bank has been at the forefront of Internet security technology. In fact, Mortgage Technology magazine has named Flagstar one of the Top 25 Tech-Savvy Lenders for the last five years.
"Over 1,200 financial institutions have adopted VeriSign EV SSL Certificates to help protect their valued clientele from the financially devastating impact of identity theft," said Tim Callan, vice president of SSL product marketing at VeriSign. "Momentum is building around EV as over 60 percent of the world is now using EV enabled browsers, such as Internet Explorer 7, Firefox 3, Opera 9.5 and Google Chrome. Now more than ever, consumers need to feel comfortable placing their personal information online. EV SSL gives consumers that reassurance."
VeriSign EV SSL-protected sites enable the latest high security browsers to display a green address bar, which helps to assure Web site visitors that they are transacting with the validated business they intend to communicate with, rather than an illegitimate impostor site. Other visual cues triggered by the presence of an EV SSL Certificate include a new field that contains the name of the organization that owns the site and in some cases the name of the security provider that issued the certificate, such as VeriSign.
As the most respected and trusted SSL authority on the Web, VeriSign is the EV SSL Certificate provider of choice for more than 6,000 Internet domains, representing greater than 75 percent of the entire EV SSL Certificate market worldwide.(3) In fact, over 95 percent of the Fortune 500 and 96 of the world's 100 largest SSL-using banks secure their sites with SSL Certificates sold by VeriSign. To learn more about VeriSign EV SSL, visit http://www.verisign.com/EV-SSL.
About Flagstar Bank
Flagstar Bank is a subsidiary of Flagstar Bancorp (
VeriSign, Inc. (
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(1) Your company's results could vary.
(2) Washington Post, 10.10.08, "Phishers, Virus Writers Exploit Global Financial Crisis," http://voices.washingtonpost.com/securityfix/2008/10/phishers_virus_writers_exploit.html
(3) Includes VeriSign's subsidiaries, affiliates and resellers.