SOURCE: PhoneFactor

PhoneFactor

April 05, 2011 09:30 ET

PhoneFactor Launches Replacement Program for RSA SecurID Tokens

PhoneFactor Offers RSA Customers Impacted by Recent Breach a Program to Expedite Deployment of a Secure Two-Factor Alternative

OVERLAND PARK, KS--(Marketwire - April 5, 2011) - PhoneFactor, the leading provider of phone-based multi-factor authentication, today launched a program designed to assist organizations impacted by the recent breach at RSA involving the company's SecurID token products. The Token Replacement Program, which runs through June 30, 2011, provides credits of up to $5 per token and special assistance for companies migrating to PhoneFactor's phone-based two-factor platform.

The recent RSA breach has many companies re-examining their use of security tokens for two-factor authentication. While the ramifications of the breach are not yet fully known, RSA has disclosed that the information obtained by hackers relative to its SecurID tokens "could potentially be used to reduce the effectiveness of a current two-factor authentication implementation."

"PhoneFactor has already begun working with organizations that are looking to quickly move off of the RSA SecurID platform," said Tim Sutton, PhoneFactor CEO and co-founder. PhoneFactor's phone-based platform is uniquely positioned to enable rapid implementation and deployment. For banks, PhoneFactor's Universal Banking Gateway can be used to roll out the service in just weeks. For enterprise, healthcare, and government organizations, PhoneFactor offers off-the-shelf support for a wide range of applications and automated enrollment tools to expedite deployment to their employees. There are no security tokens to ship to end users and no software for them to install; the service works instantly with the user's existing phone.

"For many, the incident further validates the growing shift from security tokens to phone-based authentication, which offers stronger protection and better meets the needs of today's users and applications," said Sutton. "Organizations have been steadily migrating to phone-based authentication over the last few years, but the RSA breach has certainly created a heightened sense of urgency for many. Organizations are no longer comfortable waiting out their token contract before making a change."

To learn more about the token replacement program, please contact a PhoneFactor representative at 877-No-Token or info@phonefactor.com or visit http://www.phonefactor.com/token-replacement-program.

About PhoneFactor
PhoneFactor is a leading provider of multi-factor authentication. The company's award-winning platform uses any phone as a second form of authentication. PhoneFactor's out-of-band architecture and real-time fraud alerts provide strong security for healthcare, enterprise, banking, and website applications. It is easy and cost effective to set up and deploy to large numbers of geographically diverse users. PhoneFactor was recently named to the Bank Technology News FutureNow list of the top 10 technology innovators securing the banking industry today and a finalist in the SC Magazine Reader Trust Awards. Learn more at www.phonefactor.com.

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