Software enables Web-based authentication.
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Press Release Summary:
Providing strong authentication and single sign-on, myOneLogin allows seamless integration of multiple SaaS applications. It also authenticates access to Web-based applications with unphishable credential that securely connects employees to third-party and internal Web-based applications through one secure username and password. Solution automatically and securely maintains and changes application passwords and is built on TriCipher Armored Credential System.
Original Press Release:
TriCipher Unveils On-Demand Solution for Web-Based Authentication
myOneLogin Brings Strong Authentication to SaaS - Delivering Three Clear Benefits: Secure Access, Single Sign On and Easy Application Integration
LOS GATOS, Calif., Feb. 25 / / - TriCipher today launched 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 - all in a single solution.
TriCipher myOneLogin (http://www.myonelogin.com/) is already compatible with leading SaaS solutions, including:
o salesforce.com, the Web-based customer relationship management (CRM)
platform used by more than 38,000 companies and more than 1 million
subscribers
o WebEx, a Cisco company with 3.5 million monthly users for on-demand
online meetings
o Google Apps, a package of online software offerings that competes with
Microsoft Office and adds 2,000 new companies every day
myOneLogin enables platform providers to quickly and easily integrate multiple SaaS offerings into a single platform, giving customers a secure and simple way to manage and access all of their critical business applications. It also authenticates access to Web-based applications with an unphishable credential that securely connects employees to any number of third-party and internal Web-based applications through one secure username and password, eliminating:
o Stolen or phished credentials that enable unauthorized access to
critical data
o The need to remember dozens of usernames and passwords, all with
varying policies
o Compliance reporting challenges across disparate users and locations
o Password resets and lock outs, and the associated costs and lost
productivity
o Purchasing, installing and managing complex security software and token
hardware
myOneLogin is designed to work with any Web-based application that supports federation standards such as Security Assertion Markup Language (SAML), OpenID or the standard username and password.
SaaS Market and Security Risks On The Rise
Gartner reported in October 2007 that "SaaS is forecast to have a compound annual growth rate of 22.1 percent through 2011 for the aggregate enterprise application software markets, more than double the growth rate for the total enterprise software market."(1)
A month later, salesforce.com revealed that it was victimized by a phishing attack, increasing the urgency for new on-demand security controls. According to Gartner, "Phishing is a serious security threat to the use of external, software-as-a-service providers. Businesses must protect themselves and must ensure that their providers protect their services."(2)
"Whether your company is rolling out a SaaS offering, adopting SaaS technologies or providing a platform rich with SaaS solutions, strong authentication is the only way to ensure that your business, customers and employees are protected," said John De Santis, TriCipher CEO. "myOneLogin provides secure access to Web-based applications through a single sign-on approach that eliminates the costs and complexity of managing multiple passwords, making it an ideal solution for mid-sized companies."
Easy Access, Strong Security
myOneLogin requires minimal investment from IT administrators and end users. Administrators determine which applications staff can access, and employees select the applications they need.
Behind the scenes, myOneLogin creates a secure two-part credential; one part resides on the user's computer and the other on the myOneLogin server - out of phishers' reach. The solution automatically and securely maintains and changes application passwords. Users simply log into myOneLogin, which then connects them to authorized applications and stores tamper-free audit logs for compliance requirements. Even if fraudsters steal specific usernames and passwords, they lack the complete credential to connect to applications.
Employees who connect from different computers verify their identities by answering a series of personal security questions. If employees leave or change positions, administrators can quickly and easily revoke or modify access - streamlining the otherwise burdensome licensing and provisioning process.
myOneLogin is built on the TriCipher Armored Credential System (TACS), the most flexible, scalable secure authentication infrastructure proven in dozens of financial services firms. myOneLogin enables companies to select their level of protection, including: browser cookies; mutual authentication; certificates; and mutual secure socket layer (SSL) connections.
myOneLogin is available immediately, with pricing starting at $5 per user per month.
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. Founded in 2000, TriCipher is headquartered in Los Gatos, Calif. The company is funded by ArrowPath Venture Capital, Intel Capital, RBC Technology Ventures, Trident Capital, and Wasatch Venture Fund. 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.
(1) Gartner, Inc. "Market Trends: Software as a Service in the Enterprise
Application Software Markets, Worldwide, 2007" by Sharon A. Mertz,
Tom Eid, Chad Eschinger. October 30, 2007
(2) Gartner, Inc. "Finding: Phishing Attacks Are Targeting SaaS
Applications" by John Pescatore and Robert P. Desisto. November 30,
2007.
Source: TriCipher, Inc.
Web site: http://www.tricipher.com/
http://www.myonelogin.com/
