ESET introduces new two-factor authentication system
Posted on 22-Feb-2013 09:53.
Filed under: News
ESET has announced the general availability of ESET Secure Authentication, a two-factor authentication (2FA) software solution for small and medium businesses (SMBs). This simple 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 a potential 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."
Designed to be very simple to install, easy to configure and convenient to manage, ESET Secure Authentication offers email protection for Outlook Web Access/App (OWA) and connectivity protection for VPN customers who use RADIUS, the ubiquitous Remote Authentication Dial-In User Service networking protocol.