Ping Identity and Wave Systems Collaborate to Provide Strong Authentication for Federated Single Sign-On.Digital ID World Demonstrations will Showcase Standards-Based Trusted Platform Module In computing, Trusted Platform Module (TPM) is both the name of a published specification detailing a microcontroller that can store secured information, as well as the general name of implementations of that specification, often called "TPM chip" or "TPM Security Device" (Dell). Capabilities, Public Key Infrastructure (PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of ) Security and Identity Federation SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Ping Identity, a market leader in secure Internet single sign-on An identification system that lets users log into multiple Web sites on the Internet with one username and password. Single sign-on systems are also used within an enterprise, enabling users to access all authorized resources in the local network using the same username and password. , and Wave Systems Corp. (NASDAQ NASDAQ 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 :WAVX), a leader in trusted computing Trusted Computing (also abbreviated TC) is a technology developed and promoted by the Trusted Computing Group. The term is taken from the field of trusted systems and has a specialized meaning. applications and services, today announced that they are demonstrating how their respective, standards-based products can be integrated to provide strong multifactor authentication Using two or more forms of identification to authenticate a user. Single factor authentication, which is commonly used, employs a unique username and password combination. For more security, multifactor authentication adds at least one more form, such as a physical token or biometrics. of individual identity and then federate fed·er·ate v. fed·er·at·ed, fed·er·at·ing, fed·er·ates v.tr. To cause to join into a league, federal union, or similar association. v.intr. To become united into a federal union. that identity from the desktop to any standards-based Web application. The combined solution can allow enterprise customers to seamlessly achieve stronger user authentication security and single sign-on access to data and services inside and outside the enterprise network. Ping Identity's PingFederate[R] is a federated identity server for enabling secure Internet single sign-on to online services for employees, customers and business partners; it provides bundled adaptors for streamlined integration with identity management systems, packaged enterprise applications, home-grown web applications and popular SaaS services. Installed in over 100 Fortune 500 companies, service providers and government agencies, PingFederate provides secure Internet single sign-on via support for the SAML (Security Assertion Markup Language) An XML-based format from OASIS for exchanging security information for single sign-on. The "assertions" are statements from a SAML authority that authenticate a user, confirm some attribute about the individual and grant or and WS-Federation standards. Visitors to Wave's booth will see how Wave's EMBASSY[R] Trust Suite software, designed to manage the security features of an open standards hardware security chip called a Trusted Platform Module (TPM (1) See TP monitor. (2) (Transactions Per Minute) The number of transactions processed within one minute. See TPS. (3) (Trusted Platform M ) can strengthen single sign-on, including multifactor authentication support, and be used in conjunction with PingFederate. TPMs, now shipping on most enterprise-class PCs today, serve as a hardware "storage vault" protecting identity types. When a user authenticates to his or her PC, the digital identity certificate See digital certificate. , protected by the TPM, is used to provide strong authentication to the enterprise network using his or her Active Directory domain identity. This capability represents a significant step forward in replacing passwords and making standards-based multi-factor authentication easy, less expensive and more secure. Combined, PingFederate and Wave's EMBASSY Trust Suite can allow PKI-based authentication, protected by the TPMs, to be leveraged in single sign-on to both internal and external websites, data and services. "Together, Wave Systems and Ping Identity unlock many the valuable of security features already built into many enterprise laptop and desktop computers," according to Andre Durand, 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. , Ping Identity. "For the first time, an enterprise can enable secure PKI, smartcard or biometrically-based single sign-on directly from the desktop. The combined solution creates a seamlessly unbroken chain of security from the end-user all the way through to the Internet, while simultaneously delivering on the user convenience of single sign-on." "There are estimates that nearly 100 million PCs are in the marketplace with TPMs onboard, and the growth that installed base is accelerating. That's five years of shipping platforms based on the open standards of the Trusted Computing Group See TCG. . Enterprises can now more easily realize the enhanced security benefits that this security hardware was designed to provide," said Steven Sprague, CEO and President, Wave Systems. "Ping Identity and Wave are demonstrating the power that comes from combining the security of Trusted Computing standards with the flexibility and connectivity provided by Identity Federation." Where, When: Wave Systems and Ping Identity will be demonstrating this solution in the Wave booth (#507) at the Digital ID World Conference, at the Hilton San Francisco, September 24th-26th, 2007. More information on Ping Identity's products is available at www.pingidentity.com and for Wave Systems' EMBASSY products, visit www.wave.com. About Ping Identity Corporation Ping Identity is uniquely dedicated to delivering Internet-Scale Identity management software and services to organizations and individuals worldwide. Over 100 large enterprises, service providers and government agencies rely on PingFederate, the industry benchmark for standards-based federated identity management, to secure, protect and control their identity interactions with other organizations. Now, SignOn.com brings these same capabilities to individuals. For more information, please visit www.pingidentity.com, dial toll-free 877.898.2905 or + 1 303.468.2882, or email sales@pingidentity.com. About Wave Systems Corp. Wave Systems solves the most critical security problems for enterprises and government with software solutions that are trustworthy, reliable and easy to use. Wave's trusted computing software solutions include strong authentication, data protection, advanced password management and enterprise-wide trust management services. For more information about Wave, visit http://www.wave.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for Forward Looking Statements Except for the statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to fund operations, the ability to forge partnerships required for deployment, changes in consumer and corporate buying habits, chip development and production, the rapid pace of change in the technology industry and other factors over which Wave Systems Corp. has little or no control. Wave Systems assumes no obligation to publicly update or revise any forward-looking statements. All brands are the property of their respective owners. |
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