What CSOs should know about implementing and scaling multi-factor authentication solutions in their organizations
SyferLock is an innovative provider of next-generation authentication and security solutions. SyferLock’s patented software-based authentication solutions enable enterprises to cost-effectively address strong authentication/2 factor authentication across a range of applications and platforms. SyferLock’s user friendly solutions deliver enhanced single-factor, two-factor and multi-factor authentication through token-less one-time passwords, or PINs, without the need for any additional hardware, tokens or client-side software, providing superior security along with greatly reduced TCO. SyferLock’s flexible methodology is easy to deploy, is extremely lightweight and is available in a High-Availability (HA) cluster. For more information, visit www.syferLock.com.
Rake Narang: With BYOD gaining popularity in enterprises what should CSOs know about implementing and scaling multi-factor authentication solutions in their organizations?
Chris Cardell: With the bring-your-own-device (BYOD) trend, users expect to be able to access information from virtually anywhere via the Internet and mobile devices such as smart phones and tablets, and that means it is harder than ever for IT and security executives to ensure that all the organization’s information assets are protected. One of the greatest concerns regarding security is unauthenticated access to systems and information.
SyferLock’s authentication solutions provide the most secure universal access (secure access from any device, from anywhere, anytime) available which makes SyferLock conducive for BYOD use for today’s emerging use cases. And because SyferLock’s authentication solutions are software-based, end users don’t need any additional hardware such as a hard token or smart card. SyferLock’s flexible, adaptable authentication solutions are easy to deploy and to manage. SyferLock’s authentication solutions deploy as a virtual appliance and are available in a High-Availability (HA) cluster.
About Chris Cardell
Chris Cardell joined SyferLock as CEO in September 2010. Prior to that, from 1998 to 2008, Cardell was President, COO and a Director of Jupitermedia Corporation (formerly Nasdaq: JUPM), and was responsible for management of this global provider of images and online media. From 1996 to 1998, Cardell was the President, COO and a Director of Mecklermedia Corporation (formerly Nasdaq: MECK), and was responsible for management of this leading Internet media company, including the Internet World trade shows. Prior to that, Cardell was a Senior Manager in the Audit and Business Advisory Services practice of Arthur Andersen LLP.
Rake Narang: How much has authentication evolved over the years? And why do most people still rely simply on passwords?
Chris Cardell: Hardware-based authentication solutions have been around for years, and many companies rely on these products as part of their security strategy for strong authentication. These tools can provide some benefits in terms of authenticating users, but they are flawed in a number of ways. For example, hardware solutions such as security tokens or smartcards can be lost or stolen, and they can also break. In addition, they can be costly, not only for the initial purchase but also for ongoing maintenance and administration of the physical devices. Furthermore, many of today’s emerging use cases for online access are not conducive to hardware-based solutions for strong authentication. As a result of these and other drawbacks, many organizations today are looking to eliminate these legacy authentication products and replace them with solutions that are more effective and less costly. Some organizations have deployed biometric systems for authentication purposes. But these technologies have their own drawbacks, such as high implementation costs and issues related to user privacy. And many organizations still rely on static passwords alone for authentication because of concerns about cost and usability.
Flexible, adaptable, software-based authentication solutions such as those offered by SyferLock enable companies to cost-effectively address strong authentication and 2-factor authentication across a range of use cases and platforms. With SyferLock’s software-based solutions, organizations can eliminate hardware tokens and reduce the total cost of authentication, while at the same time ensuring they are protected against current and emerging security threats.
Rake Narang: Why is multi-factor authentication becoming more important? What are some of the driving factors?
Chris Cardell: Megatrends such as the emergence of cloud computing, server and desktop virtualization, the proliferation of mobile technologies and bring-your-own-device (BYOD), the increase in employees requiring remote access, and the increased use of social networking in the work environment have created new vulnerabilities and risks for companies. Users expect to be able to access information from virtually anywhere via the Internet and mobile devices such as smart phones and tablets. Given the proliferation of employees working remotely and the use of mobile devices, and the potential threat that represents for corporate networks, authentication has become a higher priority for enterprises. In addition, in some industries such as healthcare and financial services, the emergence or evolution of regulatory requirements are forcing even more stringent needs for strong authentication.
Rake Narang: There are a growing number of approaches to address multi-factor authentication. How does SyferLock differentiate its authentication solutions in the marketplace?
Chris Cardell: SyferLock’s patented authentication solutions offer an innovative software-based alternative to hard tokens, smart cards, biometrics and other authentication solutions. SyferLock delivers enhanced single-factor, two-factor and multi-factor authentication solutions utilizing patented software-based grids to convert static passwords/PINs into secure one-time passwords/PINs (OTPs). SyferLock’s flexible, adaptable, software-based authentication solutions enable enterprises to cost-effectively address multifactor authentication across a range of use cases and with a range of platforms. The following are some of SyferLock’s key features/advantages—
Software-based / device-less
Simple to deploy and use
Superior authentication and security
Greatly reduced Total Cost of Ownership (TCO), both for direct and indirect costs (no tokens or token administration)
Founded in: 2007 CEO: Christopher S. Cardell Public or Private: Private Head Office in Country: Shelton, CT United States Products: Authentication and security solutions Company's Goals: To capitalize on the overall growth of the authentication solutions market and the continued shift from legacy hardware-based solutions to more flexible, adaptable, secure and cost-effective software-based authentication solutions like SyferLock’s.
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