Fifth Third named 2024 Enterprise Identity Management Project of the Year by the Identity Defined Security Alliance

Bank Honored for Prioritising Identity Security for Customers and Employees

For the last four years, Fifth Third Bank has been on a modernisation transformation journey to secure and enable its customers and employees. These efforts have been recognised by the Identity Defined Security Alliance, 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.

“Identity management is a critical security enabler for all digital functions across the Bank.”

The IDSA is a nonprofit organsation that provides vendor-neutral education and resources to help organisations 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 recognised 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 honour those organisations and individuals who prioritise identity security as a core component of their operational philosophy. These awards celebrate the champions of identity management and security, recognising 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 organisation 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.

Ken Robertson, Identity Security Engineer at Fifth Third Bank will be speaking at Identity Week America, 11-12 September at the Washington Walter. E. Convention Center D.C. Book your ticket now to watch the “Privileged Access Management” panel which Ken will be taking part in on September 11 at 2.30 PM.

Navigating the future of IAM, the panel will consist of fellow experts in the field including: