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Companies Can Trade In Outdated, Inefficient Security Tokens for Cash Toward Upgraded Technology

Taking its cue from the CARS Cash for Clunkers program, PhoneFactor is offering up to a $3500 cash rebate to companies who trade in their security tokens for its more efficient phone authentication platform.

What’s wrong with security tokens?

  • User Resistance – Users hate carrying and keeping track of security tokens. They are easy to lose and break. It’s often difficult to read the password displayed on the security token, particularly in low-light or for individuals with visual disabilities.
  • Keychains Full of Tokens – As adoption of two-factor authentication continues to grow exponentially, you can imagine a janitor-style keychain full of security tokens (one for work, one for your online bank account, one for your health insurance portal, etc.).
  • IT Hassle – Security tokens must be provisioned, mailed, inventoried, and replaced by IT departments. Security tokens are lost at a rate of up to 10% each year, expiring tokens must be re-provisioned every 2-5 years, and tokens can get out of sync.
  • Vulnerable to Attack – Security tokens do not protect against emerging threats, such as man-in-the-middle attacks.
  • Not Eco-Friendly – A security token serves a single function. So when it expires or is no longer needed, it goes straight into a landfill near you.

WIRED Magazine featured security tokens in its June 2008 article Worst. Gadgets. Ever. Security tokens add a critical additional layer of security to user logins. Like a 1972 Chevy Suburban, security tokens will get you from A to B. But at what cost?

PhoneFactor offers a better solution. With PhoneFactor, users simply login with their username and password. Instantly, they receive a call. They simply answer and press # to verify their identity. It works with the user’s existing phone (landline or mobile). There are no additional devices for IT departments to manage and nothing extra for end users to carry. PhoneFactor’s out-of-band architecture protects against sophisticated attacks and provides real-time notification if an attack is in progress.

Don’t rely on yesterday’s technology to protect you from today’s threats.
Upgrade to PhoneFactor today.

Decommissioning Tokens

  • The CARS Cash for Clunkers program requires gas guzzling trade-ins to be permanently decommissioned by replacing the motor oil with a sodium silicate solution.
  • The Cash for Security Tokens program is looking for the best method to decommission tokens traded under the program. Anyone who has been frustrated by a lost or out-of-sync security token has probably already thought of a few ways.
  • Submit your suggestions for how best to kill a security token.