IdenTrust and TriCipher expand authentication partnership
18 July 2006 | 2447 views | 0
TriCipher, Inc., a leading provider of risk-based authentication systems, today announced that its flagship product, the TriCipher Armored Credential System (TACS), has renewed its certification as IdenTrust Compliant, ensuring it provides the high standard of security and trust assurance required to be awarded IdenTrust certification.
IdenTrust, Inc., the global leader in trusted identity solutions, will also expand the range of TACS capabilities and credentials it hosts on the IdenTrust platform, an infrastructure that enables financial institutions, governments, and commercial entities to effectively manage the risks associated with identity authentication. The platform also helps organizations minimize investment in creating their own authentication frameworks and more rapidly deploy a trusted identity infrastructure. IdenTrust will work closely with its customers to determine which TACS credential type is appropriate for which risk level.
TACS is the industry's only future-proof risk-based authentication system, providing financial institutions with the ability to deploy and manage multiple types of credentials from a single infrastructure. Through its flexible "authentication ladder," TriCipher delivers future-proof security-- protecting its customers' investments by enabling them to adjust authentication strength in response to new threats and regulatory changes without the need to implement a new infrastructure. The solution's unique technology provides strength with expanded usability, offering the ability to balance customer convenience, confidence, total cost of ownership, and regulatory compliance across a variety of risk profiles.
"We have hosted various TACS components over the past five years and have IdenTrust certified various credential types for the system over the last three years," said Andrea Klein, Chief Marketing Officer, IdenTrust. "By certifying and hosting the entire TACS authentication ladder, we further enhance the breadth of solutions our customers can leverage to ensure secure e-commerce initiatives."
"The IdenTrust platform is growing rapidly and satisfying the needs of a wide variety of enterprises, and we are proud to have forged this deep partnership with the global leader in identity recognition solutions," said John De Santis, Chairman and CEO of TriCipher. "Our longstanding relationship has evolved into a powerful solution worldwide, facilitating FFIEC compliance in the United States, and providing protection against the growing threat of Man-in-the-Middle phishing attacks in the European and Asia-Pacific markets."
"Strong momentum shows this powerful combination is destined to be a market leader," said Doyle Arnold, Vice Chairman and Chief Financial Officer of Zions Bank, which is an investor in both IdenTrust and TriCipher.