FiPass Partners with Secure Computing and Launches New Managed Authentication Service.Business Editors/Technology Writers NEWBURYPORT, Mass.--(BUSINESS WIRE)--Aug. 28, 2001 FiPass Creates a Platform to Enable 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 of Anyone, Anywhere Across Multiple Web Sites Via a Single Token FiPass today announced a partnership with 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:
in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SCUR) to integrate SafeWord(TM) authentication software and hardware tokens as part of a managed authentication service offering. FiPass enables companies that become FiPass Secured Sites (FSSs) to offer their customers a strengthened layer of security to guard against identity theft and the potential for unauthorized access to online accounts, transactions, and personal data. The FiPass service gives end users the convenience of using a single token to access multiple Web sites. Any online business can operate in the FSS FSS Federal Supply Service (US General Services Administration) FSS Flight Service Station FSS Family Self-Sufficiency FSS Fixed Satellite Service FSS Forensic Science Service (Great Britain) community with a common platform of strong, 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. . The platform is seamlessly integrated into a site's existing security systems, thereby strengthening those systems rather than replacing them. These Internet-based companies benefit from the prevention of online fraud due to "cracking" of customer passwords. Approximately eight million people at over 6,000 corporations and government agencies have used token-based authentication technology successfully for over 20 years. FiPass brings the same proven technology to the Internet for the benefit of companies and their customers, enabling users to access any site utilizing the FiPass service, via a single token. "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," states Joe Levy, 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. 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 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. Magazine and Darwin Magazine. 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." Our partnership with FiPass is very strategic to Secure Computing as it extends the availability of strong authentication from organizations to consumers," said Carr Biggerstaff, Senior Vice President at Secure Computing. "With SafeWord, FiPass provides consumers with the ability to gain secure, authenticated access to a multitude of e-commerce services with a single FiPass token." SafeWord brings strong AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. (authentication, authorization and accountability) to e-business enterprises in Fortune 500 companies spanning a wide spectrum of industries, including health care, finance, utilities and federal, state and local government. SafeWord's one-time, dynamic passwords provide highly secure, strong user authentication See authentication. for secure access to applications, Web servers and network resources. With SafeWord authorization, administrators can control each user's access based on the user's needs. Richard Stiennon, a senior analyst for market research firm Gartner, added, "Security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the such as firewalls, intrusion detection See IDS and IPS. , and virus scanning have already started to "move into the cloud," in other words Adv. 1. in other words - otherwise stated; "in other words, we are broke" put differently become network based services. It is a natural evolution for strong authentication to become a cloud based Refers to operations that take place within the network infrastructure. The phrase generally refers to network servers performing some process in contrast to running a similar application in the user's computer. See cloud. service." FiPass Founder and CEO, Sean Brennan, noted, "The growing trend in the online world involves issues of security and identity verification. We are thrilled that FiPass could lead the way in the evolution of authentication through the development of our Web-based platform." Brennan added, "One-time passcode tokens have a proven history of protecting employees at their given corporations. Today, with the growth of the Internet, it's imperative to expand this time-tested technology through FiPass, enabling companies to offer the benefits of two-factor authentication to their customers." Brennan concluded, "We selected Secure Computing because of their superior software and token technology, which includes unlimited scalability." 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. 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. FiPass is located in Newburyport, MA. For more information, visit the FiPass Web site at: www.fipass.com About Secure Computing Headquartered in San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , CA, Secure Computing Corporation (NASDAQ: SCUR) is a leading provider of enterprise access control solutions. Secure Computing software products and services control access to applications and networks based on user authentication and authorization to market-leading VPNs, firewalls, Web servers and embedded devices. Secure Computing's worldwide partners and customer base are counted among the Fortune 50 in financial services, healthcare, telecom, communications, manufacturing, technology and Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , as well as some of the largest agencies of the United States government. For more information visit the Secure Computing Web site at: www.securecomputing.com. All trademarks, trade names or service marks used or mentioned herein belong to their respective owners. This press release contains forward-looking statements relating to the anticipated joint partnership between FiPass and Secure Computing Corporation and the integration of Secure Computing's SafeWord authentication software and hardware tokens as part of FiPass' managed authentication service offering, and the expected benefits of such technology and relationship, and such statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are changes in customer requirements, general economic conditions, delays in product development, undetected software errors or bugs, competitive pressures, technical difficulties, and the risk factors detailed from time to time in Secure Computing's periodic reports and registration statements filed with the Securities and Exchange Commission. |
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