Diversinet Launches Mobisecure Suite of Mobile Tokens and Two-Factor Authentication Services
MobiSecure offers mobile, Internet and security solution providers cost-effective, mass-market strong authentication solutions to protect individuals, companies and enterprises against identity theft, transaction fraud and smorphing
Toronto, ON (PRWEB via PR Web
Direct) April 21, 2005 -- Diversinet Corp. (OTCBB: DVNTF), a leading
provider of mobile device security and authentication solutions for the mobile
data ecosystem, has launched its MobiSecure suite of mobile tokens and
MobiSecure Authentication Service Center designed to protect individuals,
companies and enterprises from security threats such as identity theft, online
fraud and identity misrepresentation – better known as
smorphing.
Diversinet provides a suite of mobile tokens to support
mobile, Internet and security provider business needs for cost-effective,
mass-market strong authentication solutions. MobiSecure Tokens eliminate the
need for consumer and enterprise users to carry additional hard tokens, USB
toggles or smart cards with smart card readers for two-factor
authentication.
“With more than one billion people around the world
already carrying mobile phones, why would they want to carry an additional hard
token when they could use their existing phone for two-factor authentication?”
says Nagy Moustafa, CEO of Diversinet. “By integrating all authentication tokens
within existing mobile phones, everyone in the value-chain saves on costs and
enjoys added convenience for all of their identity needs.”
Diversinet has
developed a variety of mobile tokens targeted at different user communities with
different needs:
- MobiSecure Token: Strong authentication tokens for
mass-market online access applications.
- MobiSecure Multi-Token: Activate a
variety of online access mobile tokens with the MobiSecure Multi-Token. Add and
manage all the mobile tokens needed for all enterprise and consumer strong
authentication accounts.
- MobiSecure SMS Token: The MobiSecure SMS Token was
developed to provide mass-market authentication tokens through all SMS-based
mobile phones operating on all mobile networks as authenticators for online
access.
- MobiSecure Browser Plug-In Token: This token is ideal for mobile
VPN access and Content Control authentication services. This mobile token
activates and supports strong authentication service requests when launching a
mobile browser application.
- MobiSecure API Token: Build secure applications
to control, restrict and manage access of content and services based on
authenticated user profiles with the MobiSecure API Token, the only mobile token
for Age Verification and Content Control applications.
All MobiSecure
strong authentication tokens are developed with standards-based tools running as
an OATH-compliant One-Time-Password (OTP) application on mobile phones with
internetworked services provided by the Diversinet MobiSecure Authentication
Service Center (MASC). Diversinet mobile tokens are seamlessly managed and
supported for credential registration, Over-The-Air (OTA) activation,
provisioning and validation services by Diversinet's MASC. With MASC, Diversinet
delivers the industry’s first open mobile security service to support
OATH-compliant OTP strong authentication on all mobile phones and networks
globally. MASC provides all the essential managed services for companies wanting
to simplify the development, deployment and delivery of mass-market strong
authentication services.
“Diversinet has developed a product for more
consumer-based two-factor applications by allowing each and every mobile phone
to become a mobile token for mass-market strong authentication solutions,” said
Joe Greene, Vice President, IT Security Research for IDC Canada. “In a complex
marketplace, products developed with open authentication techniques and mobile
industry standards can help promote consumer confidence in conducting online
transactions.”
IDC predicts the identity and access management market to
grow to more than US$3.5 billion by 2009 from its $2.21 billion market sizing in
2003. Spending on identity and access management technology will be spread
across a variety of authentication technologies; including authentication
solutions encompassing a variety of tokens such as hard tokens, USB
authentication tokens and software licensing authentication tokens. As these
fragments are pulled together under one umbrella, IDC predicts authentication
will be strengthened by requiring two, three or more factors to assert identity
in which multiple passwords and logins associated with different networks and
applications are replaced by one-time password authentication solutions.
“Online and mobile networks are the prime targets for transaction fraud,
identity theft and smorphing. The exponential growth of malicious attacks is
driving the explicit need for companies to protect their customers now or
potentially lose them forever,” adds Kashif Hassan, President of Diversinet.
“Diversinet’s MobiSecure suite of mobile tokens and MobiSecure Authentication
Service Center enables companies to provide all customers with mobile phones
with strong authentication tokens for online and mobile application access
effectively, efficiently and economically.”
As a leading mobile
authentication service provider, Diversinet provides its customers with cost
effective, mobile-optimized strong authentication products and services that
reduce identity theft and improve brand trust by leveraging more than 1.5
billion consumer and enterprise mobile phones as strong authentication tokens.
Diversinet MobiSecure suite of mobile tokens and MASC offerings are available on
all intelligent mobile device platforms, including Microsoft, RIM, Symbian, Palm
and Java-based phones.
About Diversinet (OTCBB: DVNTF)
Diversinet is
a leading provider of mobile device security and authentication solutions for
the mobile data ecosystem. Diversinet products and services allow users to
protect their identity, data and device for personal communications and
commercial transactions. The Diversinet MobiSecure suite of mobile tokens and
MobiSecure Authentication Service Center enable application providers, mobile
network operators and security service providers to rapidly develop, deploy and
manage secure mobile data services for the over 1.5 billion mobile device users
worldwide. MobiSecure is the industry’s first open mobile security platform to
support OATH-Compliant strong authentication on mobile devices and networks. For
more information about the initiative for Open AuTHentication (OATH) visit www.openauthentication.org. Connect with Diversinet Corp. at
www.diversinet.com.
The Private Securities Litigation
Reform Act of 1995 provides a “safe harbor” for forward-looking statements.
Certain information included in this press release (as well as information
included in oral statements or other written statements made or to be made by
the company) contains statements that are forward-looking, such as statements
relating to anticipated future revenues of the company and success of current
product offerings. Such forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results in the future
and, accordingly, such results may differ materially from those expressed in any
forward-looking statements made by or on behalf of the company. For a
description of additional risks and uncertainties, please refer to the company’s
filings with the Securities and Exchange Commission.
Contacts:
Gary
Hilson
Senior Account Consultant
Sacke & Associates
Inc.
416-493-5723 ext. 203
e-mail protected from spam bots
Michael
O’Farrell
Chief Marketing Officer
Diversinet Corp.
416-756-2324 ext.
236
e-mail protected from spam bots
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Source : http://www.prweb.com/releases/2005/4/prweb231653.htm