PhoneFactor Named a Finalist for Info Security Products Guide’s Global Excellence Awards

PhoneFactor Continues to Receive Accolades for its Phone-Based Authentication Solution

January 31, 2011 – PhoneFactor, the leading global provider of phone-based multi-factor authentication services, today announced that it has been named a finalist for the 2011 Global Excellence Awards in the Authentication Solution category. As the industry’s leading information security research and advisory guide, these esteemed global awards recognize security and IT vendors with advanced, ground-breaking products and solutions.

PhoneFactor’s phone-based solution delivers cost-effective multi-factor authentication for enterprise, banking, and website applications. Users simply respond to an automated phone call or text message from PhoneFactor to verify account logins and online transactions. PhoneFactor also offers voice biometrics, which provides a third factor of authentication by verifying the user’s voiceprint during the authentication call.

PhoneFactor’s out-of-band architecture and real-time fraud alerts offer better protection from threats like man-in-the-middle, which easily defeat traditional authentication methods like security tokens and certificates. These security benefits, coupled with increased usability and reduced costs, are driving organizations of all size to replace their security tokens with PhoneFactor.

“We are honored that PhoneFactor continues to receive recognition for its industry leading phone authentication platform,” notes Sarah Fender, PhoneFactor Vice President of Marketing and Product Management. “This further validates the strength of our solutions in addressing today’s top security threats in a way that is easy for both end users and IT departments.”

Winners of the Info Security Products Guide Awards will be announced at an awards ceremony during the RSA Conference in San Francisco on February 16, 2011.