Story image

New partnership offers secure credentials-storage solution

27 Feb 18

Pronto Software, a provider of business management software, has announced its investment and partnership with Forticode, a cybersecurity provider.

Together, Pronto and Forticode aim to offer secure and simple smartphone-based authentication for Australian businesses.

With data breach disclosure laws recently coming into effect in Australia, providing secured access to business applications and customer data is a priority for most businesses.

Minister for Innovation and the Digital Economy the Hon. Philip Dalidakis MLC says, “Victoria is already Australia’s cybersecurity capital, so we’re delighted to see two great companies in Pronto and Forticode come together here in Victoria and further strengthen our cyber security sector. We wish them every success in their new partnership.”

Rather than transmitting usernames and passwords over a network, Forticode’s solution, Cipherise, allows the user’s credentials to be stored securely on their smartphone and never shared.

This eliminates the need for authentication processes with multiple passwords that can end up being stored unsafely.

“Cipherise helps achieve the seemingly impossible feat of bringing both simplicity and enhanced security to the authentication we offer our customers,” says Pronto Software managing director Chad Gates.

“To enable the further development of Cipherise, I’m proud to say that Pronto Software has also invested in Forticode, as a business. This partnership exemplifies our strong commitment to providing simple, innovative and secure, Australian-made software to help businesses solve complex challenges and achieve outstanding results,”

Forticode CEO Tony Smales says, “We are thrilled to partner with Pronto Software to help Australian businesses better protect their IP, employee and customer data while breaking the mould and bringing convenience to security.

“The risk of a data breach consistently ranks as a top concern for cloud-based businesses, and Cipherise was developed to directly respond to this. Insufficient credential and authorisation management to cloud-based data is a concerning gateway for intruders.

“Our solution meets a critical market need for Australian businesses as they become increasingly fearful of hackers, and seek best-of-breed tools in light of new legislative laws taking effect here, and soon overseas.”

Throughout 2018, Pronto Software’s research and development team will be working closely with Forticode to further develop and integrate Cipherise into its cloud-based customer solutions.

What MSPs can learn from Datto’s Channel Ransomware Report
While there have been less high profile attacks making the headlines, the frequency of attacks is, in fact, increasing.
Cisco expands security capabilities of SD­-WAN portfolio
Until now, SD-­WAN solutions have forced IT to choose between application experience or security.
AlgoSec delivers native security management for Azure Firewall
AlgoSec’s new solution will allow a central management capability for Azure Firewall, Microsoft's new cloud-native firewall-as-a-service.
How to configure your firewall for maximum effectiveness
ManageEngine offers some firewall best practices that can help security admins handle the conundrum of speed vs security.
Exclusive: Why Australian enterprises are prime targets for malware attacks
"Only 14% of Australian organisations are continuously training employees to spot cyber attacks."
Exclusive: Why botnets will swarm IoT devices
“What if these nodes were able to make autonomous decisions with minimal supervision, use their collective intelligence to solve problems?”
Bitdefender announces security integration with Kaseya
The new partnership will allow VSA by Kaseya’s cloud and on-premises users to deploy and manage security with Bitdefender Cloud Security for MSPs.
Why you should leverage a next-gen firewall platform
Through full lifecycle-based threat detection and prevention, organisations are able to manage the entire threat lifecycle without adding additional solutions.