|[July 17, 2014]
Entersekt Achieves FIDO Alliance U2F Certification
ATLANTA --(Business Wire)--
Online authentication innovator, Entersekt,
has succeeded in certifying its Transakt software product as a FIDO
Ready™ U2F token, meeting the requirements outlined by the Fast
IDentity Online (FIDO) Alliance in its Universal
Second Factor (U2F) specifications.
The FIDO Alliance is a fast-growing industry consortium that aims to
revolutionize online authentication with the first standards-based open
protocol to supplant reliance on passwords. Organizations deploying
FIDO-compliant authentication products avoid having to update their
systems to communicate with new FIDO tokens entering the market.
End-users, in turn, enjoy the freedom to choose the authentication
method they are most comfortable with across multiple online services.
Transakt's certification means that deployers and users of Entersekt's
online and mobile authentication solutions are assured they will work
seamlessly with all other vendors' FIDO-certified products. "Since
joining the FIDO Alliance in 2013, we have worked to enhance Transakt,
in order to provide our customers with a fully interoperable
FIDO-compliant token," said Christiaan Brand, chief technology officer
of Entersekt. "As a result of our successful completion of the U2F
testing series, Transakt end-users will gain the ability to securely
access FIDO-enabled online service providers, conveniently identifying
themselves through their mobile phone or tablet."
Available to Entersekt's customers as an SDK or mobile app, Transakt
harnesses the power of public key infrastructure and deploys it to the
mobile phone in a seamless and transparent manner. Industry-standard
X.509 digital certificates simultaneously identify them and the
end-user's mobile device, eliminating the need for expensive hardware
tokens or cumbersome one-time passwords. Through a simple, one-click
process, Transakt allows users to verify their identities and digitally
sign transactions. All communications between the device and service
provider are encrypted end to end.
Transakt is certified by Visa, MasterCard (News - Alert) and American Express to secure
card-not-present purchases, and is compatible with hundreds of models of
mobile phones on all major platforms.
Entersekt is an innovative pioneer in transaction authentication. The
company's one-of-a-kind approach combines the power of electronic
certificate technology (PKI) with the convenience of mobile phones and
encrypted cloud messaging to provide financial institutions and their
customers with full protection from online banking fraud. With its
patented security products authenticating millions of transactions
globally, none of Entersekt's clients have experienced a successful
phishing attack on their systems since implementing the company's
technology. Financial institutions worldwide look to Entersekt to
strengthen the all-important bond of trust they share with their
customers, and to build on those relationships by introducing
increasingly innovative mobile and online banking services. For more
information on Entersekt, visit www.entersekt.com.
About The FIDO Alliance
The FIDO (Fast IDentity Online) Alliance, www.fidoalliance.org,
was formed in July 2012 to address the lack of interoperability among strong
authentication technologies, and remedy the problems users face with
creating and remembering multiple usernames and passwords. The Alliance
plans to change the nature of authentication by developing
standards-based specifications for simpler, stronger authentication that
define an open, scalable, interoperable set of mechanisms that reduce
reliance on passwords. FIDO authentication is stronger, private, and
easier to use when authenticating to online services.
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