ESET Rolls Out Secure Authentication Solution

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[February 26, 2013]

ESET Rolls Out Secure Authentication Solution

Feb 26, 2013 (Close-Up Media via COMTEX) -- ESET, a provider of proactive digital protection, announced the general availability of ESET Secure Authentication, a two-factor authentication (2FA) software solution for small and medium businesses (SMBs).

According to a release, the simple and highly efficient application makes use of remote end-users' mobile devices to deliver a one-time password (OTP) when they connect to company networks, providing added security to the network and the device. ESET Secure Authentication is available immediately through the ESET North America partner network.

"The 2FA market represents a significant opportunity for ESET and for our network of ESET value-added resellers (VARs)," said Andrew Lee, CEO, ESET North America. "ESET Secure Authentication is simple to use, easy to administer and provides a critical layer of security for remote users. We believe the market for software-based authentication is healthy and growing, and we want to make sure SMB customers have access to critical security options that work the way they work." According to a recent report by Frost & Sullivan, the global OTP market will approach US $1.1 billion by 2016 and the software OTP segment is growing at a compound annual growth rate (CAGR) of approximately 10.3 percent. Poor passwords and unsecured remote network access make every business a potential target and apotential customer. With millions of passwords compromised each year, many companies have already experienced data loss, damage to their reputations and decreased revenue. Cybercriminals don't just focus on the largest enterprises. As the threat landscape evolves, small businesses prove attractive targets.

"Criminal hacking is increasingly sophisticated and organized, and it is constantly growing in both scale and scope. What many smaller businesses don't realize is that they are an appealing target to cyber criminals—a tempting combination of opportunity, access, and potential return," said Stephen Cobb, security researcher, ESET North America. "If you're in business today and not employing multifactor protection on your systems, then you're putting your customers, your reputation and your livelihood at risk." ESET Secure Authentication is immediately available in North America via authorized ESET resellers. The solution is being demonstrated during the RSA Conference 2013 in San Francisco in Moscone Center South. Following introduction in the U.S., the product will be released in select countries in Europe, Asia Pacific and Latin America, the company noted.

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