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Friday, June 19, 2009

RSA Designated as the Leader in One-Time Password Market by Frost & Sullivan

EMC's Security Division Recognized as Only 'Market Leader' in One-Time Passwords for Highest Ability to Execute and Market Penetration
BEDFORD, Mass., June 19 /PRNewswire/ -- RSA, The Security Division of EMC (NYSE: EMC) announced that the Frost & Sullivan white paper entitled, An Overview and Competitive Analysis for the One Time Password Market*, designates RSA as the sole market leader in one-time password (OTP) technology for strong authentication based upon the highest ability to execute and deep market penetration. Frost & Sullivan forecasts the global OTP market will reach $690.4 million in 2015.
According to Frost & Sullivan, "Authentication remains a priority for RSA, where it maintains leadership in OTP and risk-based authentication. RSA continues to expand and innovate the RSA SecurID OTP portfolio to include mobile software tokens, SMS authentication, hybrid authenticators and virtual credentials as well as biometric and USB Flash solutions, allowing organizations to choose the solution that best meets their user, risk and security requirements."
The white paper also noted, "RSA continues to invest in the RSA(R) Authentication Manager server for robust administration, credential lifecycle management and end user self-service as tools for organizations to manage support costs. The combination of RSA SecurID, risk-based and knowledge-based authentication provides companies with the tools they need to create the most appropriate layered solution for their organization."
"The RSA SecurID two-factor authentication system is used by over 40,000,000 people and is supported by thousands of technology and channel partners worldwide. As a result, RSA is well positioned to continue leading the way in helping organizations protect identities, infrastructures and information against outside attacks," said Tom Corn, Vice President of Product Marketing at RSA. "We are achieving this by providing a broad choice of innovative strong authentication methods that allow our customers to determine the proper balance of risk, cost and user convenience to best meet their unique needs."
According to Frost & Sullivan, as attackers become more daring and manipulative, information systems that rely on static passwords for security are a major risk factor and are often the key reason that those systems are breached, leaving the organization and its end users open to identity and financial fraud attempts. Thieves target personal information such as static passwords and social security numbers held in organization servers, personal email and accounts to deny, steal, and/or alter proprietary or private information. As the potential financial gain from these thefts continues to increase, the more criminals are focusing on these areas.
An executive summary of the Frost & Sullivan white paper An Overview and Competitive Analysis for the One Time Password Market is available on the RSA SecurID website (http://www.rsa.com/node.aspx?id=1156) under Related Materials.
About RSA SecurID
RSA SecurID(R) is the market-leading two-factor authentication system used by more than 40 million people across more than 30,000 organizations worldwide and is engineered to prevent unauthorized access to corporate applications and resources. RSA SecurID technology is comprised of a broad range of hardware and software authenticators that provide end users with a one time password that is designed to change every 60 seconds, as well as its software engine -- RSA(R) Authentication Manager -- which scales to support millions of users and integrates with more than 350 products. RSA SecurID authenticators include hardware tokens, hybrid authenticator with smart chip; On-Demand SMS token, software tokens for smart phones including BlackBerry(R) handhelds, software tokens for Microsoft(R) Windows(R) and Mac OS desktops and an Internet browser token.
About RSA
RSA, The Security Division of EMC, is the premier provider of security solutions for business acceleration, helping the world's leading organizations succeed by solving their most complex and sensitive security challenges. RSA's information-centric approach to security guards the integrity and confidentiality of information throughout its lifecycle -- no matter where it moves, who accesses it or how it is used.
RSA offers industry-leading solutions in identity assurance & access control, data loss prevention, encryption & key management, compliance & security information management and fraud protection. These solutions bring trust to millions of user identities, the transactions that they perform, and the data that is generated. For more information, please visit www.RSA.com and www.EMC.com.
* Frost & Sullivan, An Overview and Competitive Analysis for the One Time Password Market, April 2009
RSA and SecurID are either registered trademarks or trademarks of RSA Security, Inc. in the U.S. and/or other countries. EMC is a registered trademark of EMC Corporation. BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited. Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries. All other trade names and trademarks are the property of their respective holders.
SOURCE EMC Corporation

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