RSA acquires Passban two-factor authentication for mobile

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With two-factor authentication and mobile on top of everyone’s minds, RSA acquired Passban yesterday, a company that combines two-factor with the technology that already exists in your phone to protect your apps.

When the San Francisco-based Passban launched in 2012, it decided to focus no on big businesses, but rather on the consumer. Regular people need security for their apps, too, and Passban believed that even without the risks associated with being a big company, the username and password bit was still too insecure. So it created a technology that used different combinations of authentication to open an app.

Combinations could include a pin and a sample of your voice to be recognized, or even a scan of your face to see if it’s actually you.

Passban will now work under RSA’s “Adaptive IAM” team, according to a blog post from the company. IAM stands for identity and access management. Whether or not the Passban’s product is being shut down to existing customers is unknown. It seems the technology itself was the biggest draw for RSA, though we do not know if the acquirer will be bringing on Passban’s team as part of the acquisition.

Terms of the deal were not disclosed.

We have reached out to Passban and will update this post upon hearing back.

 

Filed under: Mobile, Security

Meghan Kelly 27 Jul, 2013

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Source: http://venturebeat.com/2013/07/26/rsa-passban/
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