Cryptomathic passes Butler Group audit
08 September, 2009
category: Corporate, Digital ID
A technology audit carried out by Butler Group, a Datamonitor company, on Cryptomathic’s Authenticator has commended the company on its server-based two-factor-authenticator solution which meets the user verification requirements of the banking and payment industry.
The Cryptomathic Authenticator has been designed for use within banking applications and other customer-facing management systems, to provide 2FA to customers and/or businesses who wish to undertake secure financial transactions or access services online. Its role is to eliminate the incidences of successful phishing, pharming and man-in-the-middle attacks.
The Butler Group report acknowledges that the solution can support more than ten front-end authentication mechanisms, including static and partial passwords, proprietary tokens, OATH tokens, Chip Authentication Protocol (CAP), SMS, grid cards and voice recognition among others. Authenticator also supports Hardware Security Modules (HSM) from a variety of vendors, including nCipher (Thales), IBM and Safenet.
According to the Butler Group, this provides flexibility to financial services organizations when required to roll out two-factor authentication to secure Internet banking and online payment facilities.
Additionally, the report credits the scalability of the product, which provides an open capacity to integrate all new authentication mechanisms as and when they gain market adoption, and its ability to support clustering and failover functionality.