FOR IMMEDIATE RELEASE
STOCKHOLM – September 12, 2024
Versasec Partners with Token2 to Deliver Swiss-engineered FIDO2 Authenticators for Enhanced Security in Europe Amid Rising Phishing Threats
Versasec, a leading provider of identity and access management (IAM) solutions, headquartered in Sweden, announces its integration with Token2, a Geneva-based cybersecurity company that specializes in multifactor authentication solutions offering innovative hardware for secure, user-friendly authentication. This FIDO2 partnership unites Versasec’s acclaimed credential management system with Swiss-engineered Token2’s FIDO2 authenticators.
“Enterprise adoption of FIDO2 authentication is accelerating globally, making Token2’s product line launch at the right time. As their trusted partner for credential management, we are proud to serve their customers to streamline authentication processes across both Europe and America,” stated William Houry, VP of Worldwide Sales.
Cloud Security Alliance reported the increase of phishing attacks targeting european organizations increased 91.5% from April 2023 to April 2024. Company leaders are focusing on safeguarding their organization’s data and identities. To fortify their defenses, they’re turning to identity and access management solutions.
The partnership between Versasec and Token2 enables businesses to choose from a variety of Token2 phishing-resistant FIDO2 authenticators, optimize authentication procedures, enhance security, and integrate them with Versasec’s credential management system.
“At Token2, we focus on delivering FIDO2 authenticators that balance high-level security with ease of use. Our collaboration with Versasec empowers organizations to protect themselves from phishing threats with simple yet effective authentication solutions,” stated Manon Bernard, Partnership Coordinator, Token2.
Organisations can take advantage of this partnership:
- The integration leverages FIDO2 device-bounded passkeys to provide a higher level of security, reducing the risk of credential theft and unauthorized access.
- IT administrators gain complete oversight of Token2 FIDO keys from issuance to retirement.
Organizations can benefit from a more streamlined authentication process, leading to reduced operational costs and simplified management of authentication devices. - The solution helps businesses meet stringent compliance requirements while staying ahead of technological advancements in multifactor authentication.
About Token2
Token2 is an organization founded and operated by a team with extensive experience in strong security and multifactor authentication. Our focus is on creating innovative hardware and software solutions that prioritize both security and user-friendliness. With a track record of inventing, designing, and developing authentication products and services, Token2 aims to provide robust authentication methods that are easy to implement while ensuring a high level of security for individuals and organizations alike.
About Versasec
The Versasec award-winning software is used by companies of all sizes to fulfill their ever-evolving cybersecurity strategies. Versasec provides the necessary orchestration to automate and manage the multiple Identity and Access Management (IAM) system, providing organizations a secure hub for their IAM solution providers: certificate authorities, user directories, HSM’s, credentials, and more. Versasec credential management system, vSEC:CMS, is available on-prem, and as a managed service through vSEC:CLOUD with premium support. Versasec supports the most number of credentials in the market, covering the latest modern authenticators and technologies such as PIV/PKI, FIDO, virtual, and physical credentials, as well as RFID for secure access control. Trusted by organizations and corporations worldwide, Versasec serves the public and private sectors in government, defense, manufacturing, healthcare, financial services, and more. Versasec is headquartered in Stockholm, Sweden.
PR Contacts
Versasec: Gabriela Peralta, pr@versasec.com
Token2: Sophie Martin, team@token2.ch
vSEC:CMS
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