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FiPass Founder and CEO Delivers Presentation On Authentication Management At the CIO Perspectives @ 25 Conference.


Business/Technology Editors

NEWBURYPORT, Mass.--(BUSINESS WIRE)--Oct. 16, 2001

Sean Brennan briefs top CIOs on how companies from diverse industries

use a single platform to verify

the identities of their online end-users

FiPass, the provider of the first standardized, Web-based authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC.

(2) Verifying the identity of a user logging into a network.
 management platform, announced today that Founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Sean Brennan addressed participants of the CIO CIO: see American Federation of Labor and Congress of Industrial Organizations.


(Chief Information Officer) The executive officer in charge of information processing in an organization.
 Perspectives @ 25 Conference, sponsored by CIO magazine. FiPass was among the select corporate hosts for the conference held October 14-16, 2001 in Rancho Mirage, CA. Many high-ranking business executives were in attendance to discuss ways to merge business and information technology strategies.

As part of the business session entitled Strengthening Internet Security ''This article or section is being rewritten at

Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software.
: How companies from diverse industries use a single platform to verify the identities of their online customers, Brennan examined why static usernames and passwords have become the target of hackers looking to steal online identities, and how the FiPass platform allows consumers to use a single token to verify their identities across the Web. Brennan also explained why an added layer of security in the form of customer identity verification Noun 1. identity verification - the automatic identification of living individuals by using their physiological and behavioral characteristics; "negative identification can only be accomplished through biometric identification"; "if a pin or password is lost or  is becoming a service that companies need - and consumers want - in a variety of industries including financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, health care, and e-commerce.

Representatives from Secure Computing For the general concept, see .

Secure Computing Corporation, or SCC, is a public company (NASDAQ: SCUR) that develops and sells computer security products, such as:
  • Firewalls including Sidewinder, SnapGear and CyberGuard TSP
 Corporation (SCC SCC - strongly connected component ), a FiPass partner, were on hand to discuss how FiPass utilizes SCC's technology to provide the same two-factor authentication The use of two independent mechanisms for authentication; for example, requiring a smart card and a password. The combination is less likely to allow abuse than either component alone. See authentication.  capability presently used by many government agencies and corporations to authenticate (1) To verify (guarantee) the identity of a person or company. To ensure that the individual or organization is really who it says it is. See authentication and digital certificate.

(2) To verify (guarantee) that data has not been altered.
 user identities on intranets and extranets.

"The growing trend in the online world involves issues of security and identity verification," said Brennan. "We are thrilled that FiPass could lead the way in the evolution of authentication through the development of our Web-based platform. Today, with the growth of the Internet, it's imperative to expand this proven technology through FiPass, enabling companies to offer the benefits of two-factor authentication to their customers. Also, since the tragic events of September 11th, our government has spoken of having preventive measures in place regarding all aspects of security. FiPass is firmly positioned to aid this cause with our online identity verification system, which helps prevent fraudulent access to online accounts, transactions, and personal data."

Joe Levy, CEO and President of CXO CXO Chief Executive Officer (corporate title)
CXO Chandra X-ray Observatory
CXO Chief Experience Officer (corporate title)
CXO Conroe, TX (Airport Identifier) 
 Media Inc., whose publications include CIO and Darwin magazines, echoed Brennan's sentiment. "I've been a publisher in the technology business for over two decades and we've reported extensively on the increase of identity theft leading to fraud." Levy added, "It's absolutely the right time for FiPass to be offering their authentication service and I strongly suggest that any online business should become a FiPass Secured Site."

A recently released document by the SANS (System Administration, Networking, and Security) Institute further reiterates that the timing for FiPass could not be better. The report, entitled Twenty Most Critical Internet Security Vulnerabilities (October 2001), was based on hundreds of hours of research and interviews conducted over the last year. Second on the list was Accounts with No Passwords or Weak Passwords. A major problem has clearly been identified. FiPass has the solution.

About FiPass

FiPass is an authentication management service specializing in providing strong two-factor authentication, i.e., online identity verification. The FiPass authentication process is simple, easy-to-use, and already proven to be highly effective for authentication within corporate and government intranets and extranets. Our mission is to create a universal platform for verifying the identity of anyone, anywhere, across multiple Web sites with a single token. Our service utilizes both hardware and software tokens that generate unique, one-time use passcodes. Organizations that offer this online identity verification system to customers become `FiPass Secured Sites,' immediately differentiating themselves from their competition as vigilant about protecting their customers' accounts with the latest online security technology.

For more information, visit our Web site at www.fipass.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 16, 2001
Words:626
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