VPN for banks

[zjaku]

Hi,

Did anybody hear about using of VPN in the banking sector? First of all it would be interesting to use this technology for connecting branches, different buildings (bank offices in Frankfurt are usually spread over 20 buildings) and maybe using this in trasporting payment transactions.

Is VPN good enough (secure, reliable, quick, resistant against denial of service attack ) for that?

Are Visa or MasterCard networks better than VPN today?

Who can help me?

Zbig

[ciscomoderator]

Since there has been no response to your post, it appears to be either too complex or too rare an issue for other forum members to assist you, or there is no public information available at this time. If you don't get a suitable response to your post, you may wish to review our resources at the online http://www.cisco.com/go/solutions. You may also contact our product information line at 1-800-553-NETS or a Cisco Systems Engineer at your local Cisco office or reseller. To locate your local Cisco representative, visit http://www.cisco.com/warp/public/687/Directory.shtml

If anyone else in the forum has some advice, please reply to this thread.

Thank you for posting.

[8acadette]

I am implimenting and IP VPN which will have all the requirements that you require, as standard. I am in the selection process of finding a capable service provider, that can build this intra-network. One of our key requirements is taht we have a clear management structure. We need to know what is happening in the network that we are paying for. There are a few people that I am talking to one of which is a Teir 1 service provider that, that is actively speaking to financial institutions about the benefits to them for an IP VPN. For Banks VPN's can give a lot of flexible for growth as well as strong security.

My background is from the banking industry and I know that they are scared of security breaches.

They service providers that I think that you should speak is EBone. If you do not really what them involved ask them for their White paper by TARIFICA entitled - IP VPN - A Natural Evolution in Corporate Networking. Also check out this cisco Link: http://www.cisco.com/warp/public/779/largeent/learn/technologies/VPNs.html

I hope this gives you some ideas.

Regards

Adrian