
London, November 8, 2006 – Deepnet Security Ltd, a leading provider of strong, two-factor and two-way authentication solutions, today announced that it would recruit between 30 and 40 security VARs over the next 6 months to help meet demand for its authentication products.
Commenting Simon Barnard – Head of Sales & Marketing for Deepnet Security said, “we are building our reseller channel to help meet the growing demand for our authentication solutions. The SMB and enterprise markets are evolving quickly and to help meet the challenges they face, we have solutions that are easier to deploy, mange and offer greater initial cost savings plus the total cost of ownership is far greater than traditional dedicated hardware tokens solutions can offer”.
Jason Thompson – Managing Director, at Softek (Deepnet Security official distributor) commented, “Deepnet Security have an offering that very few vendors globally can match. The dedicated hardware token will over time be replaced with new methods of authentication, such as type, mobile and virtual smart cards”.
The market for traditional authentication products and technology is forecast to grow at between 17-21% over the next 5 years, exponential growth of software tokens is forecast for the same period and Deepnet Security are well positioned to take advantage of this growth market within the security sector of the IT industry. Phishing and identity theft are still a major issue Deepnet Security products are designed with this in mind and can help combat these types of fraud.
About Deepnet Security Ltd
Deepnet Security provides enterprises, financial institutions and ecommerce websites with the most flexible, two-factor and two-way authentication solutions that are user friendly and cost effective. Our key product, Deepnet Unified Authentication Platform, provides multiple solutions in one single platform. Our unique authentication products include mobile phone based one-time passwords, behavioural biometrics, virtual smart cards and risk based device tokens. For additional information please visit www.deepnetsecurity.com.
PR contact: 0207-700-4282
About Softek Ltd
Softek is a UK value added distributor (VAD) for best-of-breed IT Computer Security and Archiving solutions and services.
Softek has extensive knowledge and technical expertise in the field of IT Security, and provide a full range of training and support services to their Channel Partners who comprise of specialist resellers, consultants, system integrators and affiliates.
Since inception in 1994, Softek has advocated a comprehensive approach to information security. The company assists its Channel Partners in providing a detailed evaluation of all aspects of an organisation's vulnerability to internal and external security threats.
"Phishing has cost U.S. consumers $500 million, according to a study sponsored by Truste and NACHA. Three-quarters of wired Americans have noticed an increase in phishing incidents during the past few months, with one-third saying they've receiving e-mails sent under fraudulent pretenses at least once a week."