PhoneFactor Named a 2012 Hot Technology Finalist by Network Products Guide
MAY 3, 2012 - 09:30 ET
PhoneFactor Recognized for Technology Innovation and Accelerating Market Demand
OVERLAND PARK, KS--(Marketwire - May 3, 2012) - PhoneFactor, Inc., the leading global provider of phone-based authentication services, today announced that Network Products Guide, the industry's leading technology research and advisory guide, has named PhoneFactor a finalist for the 7th Annual 2012 Hot Companies and Best Products Awards in the Hot Technologies category. The Hot Technology award in particular recognizes technologies that are experiencing rapid market adoption of their products with continued high-speed growth, many times replacing a declining technology.
PhoneFactor's platform features a suite of phone-based authentication options, including a phone call, text message, and smartphone app. By leveraging a user's existing phone, PhoneFactor provides unmatched user convenience, a low total cost of ownership, and strong out-of-band protection from today's most sophisticated threats.
PhoneFactor's innovate approach to multi-factor authentication is particularly well-suited to today's elevated threat environment, as well as the busy IT department and multi-tasking end user. PhoneFactor is often chosen over legacy technologies like security tokens and certificates.
"We are pleased to be recognized as a leader in our field," says Tim Sutton, PhoneFactor CEO. "New, challenging threats are requiring improved, innovative approaches to user authentication and it's gratifying that PhoneFactor's vision of the phone as the best authentication device is being validated."
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