Business News
TriCipher Wins New Patent for Affirming Remote Users’ Identities
2008-07-17 09:00:00
Removes Last Business Barriers to Telecommuting and Digital Signatures
LOS GATOS, Calif., July 17 /EMWNews/ -- 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.
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