- CRYPTO-MAS upgraded with Java based mobile phone token and SMS gateway
feature - Increased functionality cements position of CRYPTO-MAS as the worlds leading
SaaS authentication service
27 April 2010, Bristol, UK: Authentication authority CRYPTOCard has unveiled a series of
innovative developments within its unique cloud-based authentication service CRYPTOMAS.
The company is making java based mobile phone tokens available with its global
managed authentication service as well as an SMS gateway feature, increasing the
overall functionality of the product in response to customer demand for mobile and
tokenless authentication solutions.
With the progressively prevalent risks to network security compounded by remote working
and social media, businesses are seeking ways to effectively secure digital identities but
at lower costs. While current tokenless solutions go someway to meeting this requirement
they can be a costly option. This new java-based offering on CRYPTO-MAS appropriately
secures network access while helping companies to reduce the overall cost of
authentication. It can be seamlessly added to any users’ Java based mobile phone. The
new release also includes a feature that delivers up to five One-Time Passwords (OTP) per
SMS message – ensuring that even in areas of poor mobile phone coverage an OTP is
always available to protect access.
A report by Goode Intelligence forecast that mobile phone-based authentication
products and services will generate $153 million in 2010 and that the market will grow to
almost $760 million in revenue by 2014. “Phone-based authentication is the fastest
growing segment of the market and this release extends CRYPTOCard’s leadership in
each of the three key areas – we have the widest SMS functionality; the only phone
based token on a SaaS authentication service and the widest back-end functionality for
service providers which allows us to be the lowest priced option on the market,”
commented Neil Hollister, CEO, CRYPTOCard. “CRYPTOCard is committed to leading the
tokenless revolution in strong authentication and these features demonstrate that
leadership”
The addition of an SMS gateway selection feature enhances the current SMS capability of
CRYPTO-MAS by allowing service providers and large enterprise customers to leverage
their own SMS message centres while still benefitting from reduced costs and increased
manageability and of course the distinct advantages of securing their network using
CRYPTO-MAS. The feature allows CRYPTO-MAS to be easily integrated into a service
provide infrastructure – further distancing it from other products available.
CRYPTO-MAS is the first Password-as-a-Service offering on the market and brings the
benefits of cloud-based services to the authentication space CRYPTO-MAS delivers a low
cost, ultra reliable platform that benefits from the widest and most innovative range of
tokens available on any cloud based authentication service. The benefits of CRYPTO-MAS
includes no upfront cost, no ongoing IT & resource overheads and an enterprise 99.999%
service level, all delivered in a utility-based pricing model.
CRYPTOCard was named Managed Service Provider of the Year by Network Computing
in both 2010 and 2009 for CRYPTO-MAS. The solution was also named the Most Innovative
Product 2009 in the Techworld Awards.
About CRYPTOCard
CRYPTOCard, the authentication authority, helps organizations mitigate the risk of identity
theft by using appropriate authentication to secure digital identities. Headquartered in
Canada and the UK, CRYPTOCard’s products are used by thousands of companies in
more than 70 countries globally.
CRYPTOCard’s award-winning authentication platform benefits its users by delivering an
exceptionally low cost of ownership. The platform, available as a cloud based service or
server based application, offers unrivalled automated provisioning to reduce
management time by up to 90%, and an innovative and wide ranging mix of hardware,
software, SMS, phone or grid based tokens to ensure that any business’s authentication
framework strategy is fully covered.
Established in 1989 and with a proud heritage of technology and product leadership,
CRYPTOCard’s flagship product, CRYPTO- MAS, is the world’s first enterprise cloud-based
authentication platform, offering users the greatest management functionality and the
widest and most innovative range of tokens available on any cloud based authentication
service.