Xura Partners With SMS PASSCODE Making Multi-factor Authentication Simple and Secure for Users

Author
SySAdmin
Posted
January 25, 2016
Views
894

Page All:

Page 1
Xura Partners With SMS PASSCODE Making Multi-factor Authentication Simple and Secure for Users

WAKEFIELD, Massachusetts, January 25, 2016 /PRNewswire/ --

     Intelligent and adaptive mobile authentication ensures safety of data, networks and
  applications, providing a superior login experience for customers and remote workers 

    Today Xura [http://www.xura.com ], Inc. (NASDAQ: MESG), a leading provider of digital
communications services for enterprises, announced its strategic partnership with SMS
PASSCODE [http://www.smspasscode.com ], a technology leader in adaptive multi-factor
authentication. Xura complements SMS PASSCODE's authentication suite by providing reliable
and secure messaging connectivity world-wide, through carrier-grade communications.

    In today's world driven by mobile devices and digital services, companies increasingly
face the challenge of protecting both employees and consumers from fraud, while also
allowing them easy access to information, services and applications. At the same time, due
to the increase in major security breaches, users themselves are driving demand for
greater security measures to avoid personal data being compromised. Businesses are taking
heed by increasing the authentication methods available to their employees and customers,
but finding the balance of security vs cost, convenience and ease of use, is challenging,
and working environment trends such as BOYD (bring your own device) add further
complexities for enterprises.

    One-time passcodes sent to a mobile device, also known as two-factor authentication
(2FA or mobile Transaction Authentication Number - mTAN), are commonly used by financial
institutions to provide an extra layer of security alongside standard username and
password log-in. This is ideal for employee authentication, particularly for companies who
may have contractors, partners and employees where varying levels of additional
verification is required.

    Xura enriches SMS PASSCODE's adaptive, multi-factor authentication
[http://www.smspasscode.com/what-we-do/multi-factor-authentication ] suite for enterprises,
by providing secure carrier-grade, SMS and IP messaging delivery globally. Xura's IP
messaging technology powers signed and highly encrypted transmission of passcodes to the
recipient's mobile device via its secure app and storage facility, trustego
[https://forge.xura.com/products/trustego ], adding another layer to SMS PASSCODE's
authentication solution.

    With Xura's trustego platform, users can choose to receive encrypted PIN codes by IP
message (in-app notification) or by text message, protecting end-user data and helping
businesses realize additional security benefits. There is also the option of sending an
in-app (IP) message first, and if the message is not opened within a set time period, the
system will trigger a text message to be sent instead. The trustego app can be downloaded
from the app stores, but can also be white labelled and is available via an SDK.

    "Xura's and SMS PASSCODE's strategic partnership brings together the latest and most
accessible messaging technologies to provide an intelligent authentication service with
the greatest reach and convenience to users - via their mobile. This offers the best value,
along with the highest level of reliability and security, meaning data, networks,
websites and apps are protected. Collectively, we give users secure access and flexibility
to information they need, while ensuring increased productivity for an increasingly mobile
consumer and workforce," said Eric Bilange, EVP, Enterprise, Xura.  

    "When providing the best quality security solutions, we required a partner who
specialises in mobile support for enterprises and complies with the highest requirements
in coverage, availability, security and performance. Xura assists in enabling and securing
customer oriented processes with rich communication solutions," commented Claus Rosendal,
CTO at SMS PASSCODE. "By integrating Xura's technology with ours, we are in the position
to roll out a turn-key solution for strong authentication based on the latest security
advancements. We can also help replace cost-intensive, inflexible and less secure hardware
token installations and have a system up and running in a matter of hours."

    Ahead of Xura's attendance at Money20/20 Europe
[http://www.xura.com/media-hub/events/2016/money2020-europe ], Xura and SMS PASSCODE will
be co-hosting a webinar on 16th March, entitled "Simple and Secure: Multi-Factor
Authentication For Financial Services Webinar", to explore the cyber risks facing today's
financial services world, and solidify the importance of strong, secure authentication
methods. We will showcase the latest trends in 2FA and multi-factor authentication, and
discuss how using stronger authentication methods can help finance service providers
comply with regulatory requirements such as Sarbanes-Oxley, European Data Directives and
The Federal Financial Institutions Examination Council. To register for this webinar,
please click here
[http://www.xura.com/media-hub/events/2016/multi-factor-authentication-for-financial-services-webinar ]
.

    About Xura, Inc. 

    Xura, Inc (NASDAQ: MESG) offers a portfolio of digital services solutions that enable
global communications across a variety of mobile devices and platforms. We help
communication service providers (CSPs) and enterprises navigate and monetize the digital
ecosystem to create innovative new experiences through our cloud-based offerings. Our
solutions touch more than three billion people through 350+ service providers and
enterprises in 140+ countries. You can find us at Xura.com [http://www.xura.com ].

    About SMS PASSCODE 

    SMS PASSCODE is the technology leader of adaptive multi-factor authentication software,
improving enterprise security and productivity by delivering an easy to use and
intelligent solution that helps ensure the safety of corporate networks and applications.
SMS PASSCODE authenticates users through their mobile devices, helping IT managers address
evolving business needs with cloud applications and mobile security by dynamically
authenticating users based on geo-location and login behavior patterns. The solution
secures remote log-on systems including Microsoft, Citrix, Cisco and Check Point.
Governments, telcos, enterprises and financial institutions in more than 40 countries
appreciate its cost-effective, secure and easy-to-maintain offering, making SMS PASSCODE
their trusted partner to securely authenticate access to services while preventing
identity theft. For more information, visit http://www.smspasscode.com

    Forward-Looking Statements 

    This press release includes "forward-looking statements." Forward-looking statements
include statements of plans and objectives for future operations, statements of future
economic performance, and statements of assumptions relating thereto. In some cases,
forward-looking statements can be identified by the use of terminology such as "may,"
"expects," "plans," "anticipates," "estimates," "believes," "potential," "projects,"
"forecasts," "intends," or the negative thereof or other comparable terminology. By their
very nature, forward-looking statements involve known and unknown risks, uncertainties and
other important factors that could cause actual results, performance and the timing of
events to differ materially from those anticipated, expressed or implied by the
forward-looking statements in this press release. These risks and uncertainties discussed
above, as well as others, are discussed in greater detail in our filings with the SEC. The
documents and reports we file with the SEC are available through us, or our website,
http://www.Xura.com , or through the SEC's Electronic Data Gathering, Analysis, and
Retrieval system (EDGAR) at http://www.sec.gov.

Xura, Inc.

CONTACT: Media Contact: Maria Hudson, Xura, maria.hudson@xura.com, +44-7967813429 Investor Relations Contact: Luke Todd, Xura, Luke.todd@Xura.com, +1-781-213-2131

Title

Medium Image View Large