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CRYPTOCard Launches Password Amnesty

October 2008 by Marc Jacob

CRYPTOCard announces a ‘Password Amnesty’, calling on UK businesses to hand-in their obsolete single passwords and replace them with a free two-factor managed authentication service for up to 200 users, per business. The initiative, launched in support of National Identity Fraud Prevention Week, aims to highlight the dangers of ‘single password’ strategies that leave organisations wide open to hackers, and urges business leaders to rise to the challenge of protecting their information assets.

Neil Hollister, CEO of CRYPTOCard, explains; “The government estimates that costs of over £1bn per year can be attributed to identity fraud, but this is just the tip of the iceberg. For example, nearly every week we hear of laptops being lost or stolen, but it is not just the data stored on these devices that we should be concerned about.

CRYPTO-MAS is a unique managed service which provides a flexible, affordable solution using 2FA technology, and positively identifies individuals before giving them access to applications, data and networks. The service requires users to input something they know, such as a password, and something they don’t, such as a one-time generated PIN, delivered via hardware or software token, SMS, or smartcard.

CRYPTO-MAS simply sits in front of a company’s remote access or VPN network – no hardware or software installation is required. High levels of security can be provided in a matter of minutes.


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