
PhoneFactor was featured in a New York Times article this week titled “Logging on Securely, and Confirmed via a Cellphone Call as a Sentinel Against Intruders.”
A deteriorating financial system isn’t the only fear online banking customers face. The specter of hackers snatching passwords or breaking into corporate computers is a constant threat. But defeating such criminals may be just a phone call away.
The article is in the Oct 9th print edition and online at http://www.nytimes.com/2008/10/09/technology/personaltech/09phone.html?partner=permalink&exprod=permalink.
Sarah
Bank Technolgoy News recently published a piece entitled “Rising Text Rates a Threat to M-Banking?” Apparently, text messaging prices have doubled since 2005 to an average of 20 cents per message. This doesn’t bode well for mobile banking or two-factor solutions that rely on one time passwords delivered via sms.
http://www.americanbanker.com/btn_article.html?id=200809128DTHHCC0&email=y
Sarah
In our altruistic effort to enable two-factor authentication for the masses, we’ve made our LogMeIn version available at no charge. (Really we’re greedy capitalists and want to get the word out about PhoneFactor by giving it away to the rather large LogMeIn community.) Either way, you can benefit by enabling two-factor authentication for remote access to your computer using LogMeIn Free, Professional, and IT Reach products.
www.phonefactor.com/solutions/logmein
www.phonefactor.com/news/free-two-factor-authentication-now-available-for-logmein.php
Sarah
My name is Sarah Fender, and I’m the VP of Marketing and Product Management for PhoneFactor. I joined the company in the summer of 2007 just in time for the launch of PhoneFactor. So, I’ve had the pleasure of being involved with the product from pretty early on. My background is in the software industry, where I’ve served in executive level marketing, product management, and operational roles.
I’m fascinated by the changes I’ve seen in the authentication space this past year. New data breaches are being reported almost daily forcing regulators to really get serious about authentication. Two-factor is becoming the new standard for corporate and consumer authentication. It’s an exciting time to be a part of the two-factor movement and the PhoneFactor team.
I am pleased to be joining the PhoneFactor blog as a regular contributor, and I look forward to interacting with our readers.
Sarah
We are proud to announce that PhoneFactor has been selected as one of the Top 10 Technologies for 2008 for the banking/financial services industry. Check out the story below. Thanks.
Evan.
Tough news stories require tough reporters to really dig in and get to the bottom of the issues. No one does this better than JoJo JoHanson. Take a moment to watch the video below that delves into the dark secrets of online banking that your banks don’t want you to know. Sometimes it take a serious reporter to really tackle the serious issues.
http://www.youtube.com/watch?v=StLaBax7CvU
Enjoy.
Evan.
As the purveyers of an offering that promotes the fact that tokens are not necessary for secure two-factor authentication, it warms the heart to see the current issue (June) of Wired Magazine. They have selected SecureID tokens as one of the “worst gadgets ever.” I particularly enjoyed the quote that was along the lines of “remembering a time when your IT people didn’t yell at you for losing things.”
Secure authentication is good. Tokens……..not so much.
OpenID continues to grow at a tremendous rate. It allows users to create their own personal identity and use it to access more than 10K web sites (and growing). It has been endorsed by Google, Yahoo, IMB, etc. and appears to be one of the open source technologies that will take hold and become a mainstream standard.
Of course, the power of OpenID can also be a danger. Maintaining a single (or a few) OpenID identities is simple, but it also makes the case for strong authentication security even more important. If someone gets your password (through whatever means), they can potentially access a lot of important imformation without your concent.
This has led to a great new offering from Positive Networks/PhoneFactor and JanRain regarding using PhoneFactor authentication with OpenID. It is now available in the US (and some other places on a test basis) and you can create an OpenID account enabled with PhoneFactor two-factor authentication at www.myopenid.com
Check it out and the announcement is below:
https://www.phonefactor.com/pressrelease051208.php
You can’t hold back the people when the people want PhoneFactor! LOL. Check out the pictures below to see people that are protesting the lack of PhoneFactor at their banks.
http://pic15.picturetrail.com/VOL628/2686344/19665941/317027300.jpg
http://pic15.picturetrail.com/VOL628/2686344/19665941/317027302.jpg
http://pic15.picturetrail.com/VOL628/2686344/19665941/317027304.jpg
Give the people what they want. www.phonefactor.com and www.Iwantmyphonefactor.com
PhoneFactor becomes one of the very first serious security products to tackle the mainstream media. Check out
You can see the 30 second spot that is being shown on television telling people that they need to strengthen the security associated with their personal finances. It gives people the opportunity to proactively contact their banks to encourange them to get serious about security.
While it mocks the other ads that have been run about identity theft and the security currently provided, it really is meant to point out a serious issue that exists for most people that want serious protection for their accounts.
Check it out.