My1Login Offers Free Login Vault

PRESS RELEASE

A new secure personal portal, my1login, launches today in the US and UK giving web users a highly encrypted ‘vault’ where they can manage, store and even safely share their logins, passwords and PINs using a free, highly secure, web-based interface.

Mark Zuckerberg the CEO of Facebook had his fan page hacked in January 2011. If he isn’t safe on his own social networking site then who is? It’s not clear whether he was careless with his password, was phished or was sidejacked on an insecure wi-fi connection but the incident was designed to be more of a public embarrassment than a real security threat to him personally.

Another login scare came last April when some of Sony PlayStation’s 77 million account holders were hacked and passwords were compromised. This really became a problem where people had used the same login details for Sony as they had for their email account, essentially giving hackers the keys to their online castle.

The scary thing is however that when most ordinary people have security breaches of their social networking, thieves are operating in stealth mode trying to gain more sensitive data they can use for identity theft or credit/debit fraud. What’s more, once they are in, they often return again and again sharing their hack with other criminals and you may never know until it’s too late.

One problem is that most people now have as many as 50 different online logins and passwords to remember and there is a tendency for them to do one of two things, both of which help the criminal. Either they use the same or similar passwords for everything – which is most convenient for the thief and is enormously insecure, or they resort to writing down passwords in a file, an equally dangerous practice. The growth of identity theft and fraud means that 1 in 20 of us in the coming year will experience some kind of cyber attack or attempted fraud.

So using stronger encryption technology than most online banking platforms, my1login (www.my1login.com) completely eliminates the need to memorise multiple usernames and passwords at the same time helping users increase their online security.

Mike Newman, managing director of my1login, describes it as a ‘safety deposit box within a vault’.“We all have more passwords and PIN numbers than we can easily remember and my1login stores them all in one place, helping you login faster and more securely than ever before,” said Newman.

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Social networking feeds and e-mail all in one place

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My1login uses military grade encryption and has undergone a security audit by the Hewlett Packard Group. In addition, Verisign provides their encryption certification. Access to stored and encrypted passwords comes through each user’s chosen unique ‘key’, which remains fully private and not accessible by my1login staff. It uses internationally endorsed encryption standards with the user’s browser encrypting all login data using the chosen ‘key’, before transmitting it for secure storage on my1login’s database. The encryption key is a memorable phrase created by the user. and a key consisting of even as few as 20 characters would take today’s most advanced supercomputers, millions of years to decipher every possible combination.

Newman explains: “Think of my1login as just like a safety deposit box stored in a bank vault. Like the bank, we provide you with a secure vault which contains your locked safety deposit box. We can give you access to the vault, but unless you have your key then neither we nor you can unlock the box and access what’s inside. Your privacy and security is therefore fully protected.”

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Fifty logins become one

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The service is free to use for individuals, with ‘pro’ and soon to launch, ‘premium’ versions available by subscription, and is designed to be their single, secure point of entry to every site that they log into on the web, wherever they are and from whichever device they are using. Users can also store all their bookmarks online – to access from any computer or mobile device.

Aside from its password management function, the my1login web-based interface also features an integrated personal online dashboard, where users can manage all their Facebook, Twitter and LinkedIn updates and review e-mails in one place and in real time, without having to log in to each separate application.

my1login stores all users’ information in datacentres that operate within an ISO 27001 accredited secure environment. Being cloud-based means users can securely access their logins from any computer or mobile device with a web connection. It is easy for users to set up their accounts, there are no downloads and there is no need to install any software.

my1login completely eliminates the need for users to remember multiple logins, allowing them to use extremely complex randomly generated passwords, further enhancing their security.

Newman continues: “The current trend is towards internet users having more and more logins and having to access them from multiple locations and devices. It is simply too time consuming and insecure, to login to each application or web destination manually. Using my1login helps build a secure fortress around your online identity, making it simple to log in to websites whilst our social networking and e-mail feeds make us absolutely unique in the market.”