Wednesday, April 28, 2010

FireID Partners with Cirrus Management Solutions to Bring Mobile Two-Factor Authentication Solutions to the UK Market

Photo Courtesy of Paul Gilowey - CapeTown Daily Photo

FireID Well-Positioned for Rapid Growth in the UK Market via Channel Partnerships

Infosecurity Europe 2010

LONDON--(BUSINESS WIRE)--FireID (Pty) Ltd, a leading provider of world-class security applications for strong two-factor authentication, today announced its expansion into the UK market through a distribution partnership with Cirrus Management Solutions Ltd, a company specialising in assisting technology vendors to launch or grow their business in the UK. With Cirrus as its distributor, FireID is rapidly building a network of channel partnerships to deliver its solutions to UK enterprises.

“No other company is as disruptive to this space as FireID and we see tremendous potential for both FireID and the channel in the UK market.”

Headquartered in Stellenbosch, South Africa, FireID provides authentication software which enables end-users to use their mobile phones to generate one time passwords and securely log in to online banking, e-commerce websites, cloud-based applications and virtual private networks, without the need to remember multiple passwords or carry a hardware token. In addition, FireID’s Transaction Verification Solution secures payments and transactions against sophisticated attack methods for thwarting two-factor authentication, including man-in-the-browser (MITB) attacks.

Cirrus assists technology companies in all aspects of business development and has been involved in FireID’s sales and marketing strategy for the UK. With more than 30 years of global experience in IT security and networking solutions, services and distribution with direct and indirect enterprise and services providers, Cirrus has the expertise and connections required to help companies succeed in the market. Cirrus has been instrumental in securing partnerships for FireID with leading security and storage resellers and technical support providers.

“Authentication remains a critical issue for banks, e-commerce companies and enterprises, as hackers develop increasingly sophisticated methods of attack. Unfortunately, many organisations put sensitive data at risk by relying on inadequate solutions,” said Jenny Dugmore, CEO, FireID. “By partnering with Cirrus to distribute FireID’s mobile two-factor authentication solutions, we are providing companies in the UK with a powerful alternative to traditional authentication solutions that can help reduce online fraud.”

“We see the a shift in the authentication sector that FireID is uniquely positioned to fill, as companies move away from hardware tokens and embrace the power and convenience of mobile applications to protect their customers and businesses from data theft,” said Mark Kacary, director, Cirrus Management Solutions. “No other company is as disruptive to this space as FireID and we see tremendous potential for both FireID and the channel in the UK market.”

Please visit FireID and Cirrus Management Solutions in stand N80 at Infosecurity Europe 2010.

About FireID

FireID is a leading provider of mobile two-factor authentication. Founded in 2006, FireID is located in Stellenbosch, South Africa and has offices in the USA and UK with a broad international network of distributors and resellers. With increased transaction fraud and identity theft, strong authentication has become an essential component for any online or mobile application. FireID's world-class authentication solutions meet the growing authentication needs of corporations, government agencies and end-users who require highly secure and convenient online access to password protected accounts. For more information, visit http://www.fireid.com.