New Aladdin eToken NG With One-Time Password Chosen by VeriSign for Its Strong Authentication Platform Field Testing: New Device to Provide Flexible, Strong Two-Factor Authentication for Users
CHICAGO, Feb. 24 /PRNewswire-FirstCall/ -- Aladdin Knowledge Systems, Inc. (Nasdaq: ALDN - News) today announced it has signed an agreement confirming that VeriSign, Inc. will use the recently announced eToken(TM) NG with One-Time Password (OTP) functionality for its strong authentication service beta program, which will begin testing in April 2004.
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VeriSign's strong authentication service is OATH compliant, based on open standards, ensuring interoperability of user verification across numerous disparate software application environments and hardware platforms, driving the ubiquity of Strong Authentication across private and public networks. Strong Authentication connotes a stringent level of security that combines a user ID with a software or hardware 'token', in this case, the Aladdin eToken, to form a unique device that validates a user's identity when accessing a software application or network. Strong authentication enables multiple business partners to securely share confidential information.
As the first-ever USB smartcard token with integrated OTP capability, the new Aladdin eToken revolutionizes the two-factor authentication market by giving users the flexibility to authenticate using USB connectivity or standalone OTP in a single device. It offers VeriSign's strong authentication service unmatched hardware expertise and innovative, market-shaping technology. The new USB token combines Aladdin's proven eToken PRO USB smartcard with an LCD display, battery and an OTP-generation button. More secure and convenient than existing OTP devices, the new token utilizes its advanced smartcard technology for both One-Time Password as well PKI operations.
"Through OATH and our strong authentication service, VeriSign hopes to drive the ubiquity of Strong Authentication across enterprise networks, to enable them to conduct commerce and communications with confidence," said Mark Griffiths, vice president, Authentication Services, VeriSign Security Services. "By working with Aladdin in this Beta-phase, we will offer enterprises tokens run on a service that is scalable, easy to deploy and cost effective."
Using static passwords for protection severely limits the level of security for all types of business conducted over the Internet. This new, collaborative effort promotes Strong Authentication and makes more secure, reliable authentication an affordable and easily deployable solution for businesses.
"Aladdin's partnership with VeriSign enables one of the most advanced and flexible solutions for Strong Authentication based on open authentication reference architecture," said Leedor Agam, vice president, eToken Business Unit at Aladdin Knowledge Systems. "The new eToken device combines all-in-one support for PKI applications, password storage and OTP-based strong authentication when not connected to a PC." |
