SOURCE: ActivIdentity

ActivIdentity

October 20, 2010 08:00 ET

Launch of ActivIdentity's 4TRESS Authentication Server 7.0 Doubles Number of Authentication Methods Available to Banking Customers

ActivIdentity Tackles Man-in-the-Middle and Man-in-the-Browser Attacks, While Making Mobile Authentication Stronger and More Convenient Than Ever

FREMONT, CA--(Marketwire - October 20, 2010) -  ActivIdentity Corporation (NASDAQ: ACTI), a global leader in intelligent identity assurance, today introduced its 4TRESS Authentication Server 7.0, which doubles the number of authentication methods available to customers. Armed with a total of 20 authentication methods, including 15 two-factor authentication methods and compliant with FFIEC guidelines and PCI-DSS mandate, it is the industry's most versatile platform and most consistent management interface across multiple service channels.

ActivIdentity's new 4TRESS Authentication Server shields banking customers against a host of threats, including man-in-the-middle and man-in-the-browser attacks. The new solution is easy to administer, fully localizable and 508-compliant. ActivIdentity offers multiple deployment options, including an appliance or local install. 

"Our new 4TRESS Authentication Server is strong enough to meet the most difficult of mobile and online banking security challenges and versatile enough to support a full range of devices and methods across a wide spectrum of deployment options," said Grant Evans, chairman and CEO of ActivIdentity. "We've broadened ActivIdentity's existing platform to create the industry's most convenient and consistent customer experience with flexible pricing and simple implementations."

4TRESS Authentication Server 7.0 supports the latest open standards algorithms and 10 new authentication methods, including:

  • ActivIdentity Mobile token
  • ActivIdentity PC token
  • ActivIdentity Web token
  • DeviceID (Web Token SDK)
  • Out of Band SMS (password or verification code)
  • Out of band Email (password or verification code)
  • LDAP passwords
  • RADIUS authentication

"Banks are increasingly demanding security solutions with the flexibility to support multiple authentication methods and a consistent approach across different banking service channels including phone, mobile and Internet," said Tom Wills, senior analyst, Risk, Fraud and Security at Javelin Strategy & Research. "Fraud attacks are rapidly evolving and the banks are understandably reluctant to implement inflexible solutions that may cease to be effective in the near future. The vendors that recognize these trends and offer flexible, extensible products will be the ones that succeed in this market."

4TRESS Authentication Server 7.0 is capable of managing a full range of devices and tokens and is also available as 4TRESS Authentication Appliance for Banking.

About ActivIdentity
ActivIdentity Corporation is a global leader in intelligent identity assurance, providing solutions to confidently establish a person's identity when interacting digitally. For more than two decades the company's experience has been leveraged by security-minded organizations in large-scale deployments such as the U.S. Department of Defense, Nissan, and Saudi Aramco. The company's customers have issued more than 100 million credentials, securing the holder's digital identity. ActivIdentity is headquartered in Silicon Valley, California. For more information, visit www.actividentity.com.

ActivIdentity and 4TRESS are registered trademarks in the United States and / or other countries. All other trademarks are the property of their respective owners in the United States and / or other countries.

Safe Harbor Statement

The statements in this press release that are not historical facts are forward-looking statements that involve risks and uncertainties. These risks and uncertainties include risks relating to our history of losses and need for revenue growth and cost containment, the integration of acquired business and technologies, the variability of our quarterly results, and other risks identified under the caption "Risk Factors" in our most recent Annual Report on Form 10-K, and in subsequent Quarterly Reports on Form 10-Q, which are filed with the United States Securities and Exchange Commission (SEC). There can be no assurance that we will achieve targeted levels of revenues for fiscal 2009 or that our strategic initiatives will result in the anticipated benefits. Copies of our SEC filings, which have more information about these and other risks, are available from the Company and on the SEC website at www.sec.gov. Actual results, events and performance may differ materially from our forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The company disclaims any intention to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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