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TriCipher Wins New Patent for Affirming Remote Users' Identities
Thursday, July 17, 2008
Removes Last Business Barriers to Telecommuting and Digital Signatures
LOS GATOS, Calif., July 17 /PRNewswire/ -- TriCipher
(http://tricipher.com/), the strong authentication company, won its newest key
patent: the first automated multi-factor authentication tool for remote users
-- eliminating the costly burden of smart cards and tokens.
This is the 19th patent for TriCipher, whose secure log-in solutions let
companies quickly and securely vet the identity of any would-be user,
anywhere.
The patent, U.S. number 7,386,720
(http://www.profsandhu.com/sandhu/patents/007386720.pdf), was awarded because
of TriCipher's unique approach to marrying the pervasive username and password
combination into a single, strong and authenticated credential that absolutely
confirms a user's identity -- without a third-party single-use device. This
split key technology divides the credential between the user's system, an
authorized portable device like a USB drive, and TriCipher's appliance.
Because it is so simple to use and fast to provision, early customers
indicate that this new approach could accelerate secure adoption of digital
signatures as an everyday business tool.
"How do we let people work remotely, and log in -- without compromising
our security and IP?" said Kyle Austin, VP of Engineering at TriCipher.
"That's the million-dollar security question. We're answering it with a
solution that costs pennies per user."
The patent is embedded in ID Tool ToGo(TM)
(http://tricipher.com/product/id_tool_togo.html), which authenticates remote
users. Until now, enterprises that wanted this higher level of authorized
security needed a third element for the security equation. This typically
included smart cards or tokens, which need to be installed and maintained. ID
Tool ToGo eliminates all of those costs.
TriCipher's flagship offering provides rock-solid identity assurance for
businesses whose employees rely on critical Web-based applications. Its
enterprise solutions, which are used by dozens of financial services and
pharmaceutical companies, are optimized for any industry needing higher levels
of certification to meet regulatory requirements.
About TriCipher
TriCipher, Inc. provides a unified authentication infrastructure to
protect web and enterprise portals, the people that use them and the business
process that flows through them against fraud and identity theft. The
TriCipher Armored Credential System(TM) (TACS) is the first authentication
system that enables companies to deploy and manage multiple types of
credentials from a single infrastructure. Through this flexible
"Authentication Ladder," TriCipher protects customer investment by adjusting
authentication strength to defeat new threats and to meet regulatory changes
without the need to implement a new infrastructure. Recently, TriCipher
introduced myOneLogin(TM) the first secure on-demand offering that delivers
strong authentication, single sign-on (SSO) convenience and the ability to
seamlessly integrate multiple Software as a Service (SaaS) applications in a
single solution. Founded in 2000, TriCipher is headquartered in Los Gatos,
Calif. The company is funded by ArrowPath Venture Capital, EPIC Ventures,
Intel Capital, RBC Technology Ventures, and Trident Capital. For more
information, visit TriCipher on the web at http://www.tricipher.com.
All product and company names herein may be trademarks of their registered
owners.
SOURCE TriCipher
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