SAN MATEO, Calif. -- TriCipher, Inc., the leading innovator and provider of future-proof, risk-based authentication, today announced that Vatsal Sonecha has joined its executive team as vice president of strategy and business development. Sonechas charter is to accelerate partner and eco-system development at TriCipher as it continues to expand the applications for its market-leading multi-factor authentication technology. That technology, the foundation for the companys TriCipher Armored Credential System (TACS), is based on 25 issued and pending patents and is deployed today by many of the worlds largest banks, credit unions, and other financial institutions.
Were experiencing unprecedented demand for new authentication solutions, driven both by the continued onslaught of new threats and the overwhelming acceptance of TriCipher technology, said John DeSantis, president and CEO of TriCipher. Vatsal brings us a solid record of success, both in his vision and in his ability to catalyze the adoption of new and innovative security solutions across multiple market sectors.