MIAMI " Behavioral biometrics leader Authenware announced today a landmark agreement with Telefnica, employing Authenware's security features through much of the global telecommunication giant's landline and mobile communications. Under the deal, Telefnica's login portals will be armed with the Authentest software, granting access to valid users by analyzing keystroke patterns and typing behaviors.
"In every corner of the globe today, cyberspace is becoming a more economically taxing and time consuming business expense," said Tom Helou, Authenware. "Governments and companies alike have made efforts to protect electronic information through the continual yet arduous alteration of usernames and passwords. As the online environment swells, however, security must become less about diversification and more about personalization. We are excited to begin working with Telefnica to provide a layer of security that is personal, allowing their online accounts to be protected by an individual's behaviors rather than simply a username and password that can be replicated or stolen."
With the agreement, Authenware will initially provide its services to Telefnica employees within the Information and Fraud Prevention division. Once Authentest is implemented internally, the keystroke biometric software will then be incorporated into other critical access points.
"Authentest is the best behavioral biometric security solution that reinforces application authentication processes and provides additional mechanisms to monitor and analyze user behavior in accessing information systems," said Fernando Bosch, Director of Information Security & Fraud Prevention at Telefnica.
Throughout the contract acquisition, global IT consulting firm Neoris participated as a liaison between the parties. "Authenware is privileged to receive the confidence and support of Neoris during this endeavor. Earning the endorsement of such a reputable company is truly an honor, and for that we show our utmost appreciation," said Helou.
Telefnica is one of the world leaders integrated operator in the telecommunication sector, providing communication, information and entertainment solutions, with presence in Europe, Africa and Latin America. The Group is the fourth largest Telco company worldwide in terms of market capitalization as well as the fourth major company in the Eurostoxx 50 ranking, composed of the major companies in Europe (December 31st 2008). Telefnica is listed on the main Spanish and foreign stock markets and has over 1.5 million direct shareholders and services approximately 259 million customers.
Headquartered in Miami, Authenware is a leading innovator and producer of keystroke biometrics software. Its identity authentication product, Authentest, recognizes valid users by calculating the unique rhythm and beat with which the typist keys in data (i.e. their username and password) on their computer keyboard. Authentest evaluates this information along with behavioral and environmental characteristics to keep hackers out and let authorized personnel in. The company services customers that span across international borders and business sectors, effectively providing security to industries such as financial services, government, transportation and logistics, manufacturing, and retail.
For more information, please visit our website at www.authenware.com.