
London, September 19, 2006 - Deepnet Technologies Ltd, a leading provider of strong, two-factor authentication solutions today announced it has changed its name to Deepnet Security Ltd.
Built upon the success of Deepnet Explorer, the first secure web browser with anti-phishing facility that has been downloaded by over 3 millions users worldwide, Deepnet Security is becoming a leading provider of strong, two factor authentication solutions.
“The new name more accurately reflects our core business.” said Yurong Lin, CEO. “While we are still committed to continuing support of Deepnet Explorer as a free application, the focus of our commercial products lies solely with the strong authentication.”
Deepnet Security provides ecommerce, enterprise and financial institutions with the most flexible two-way and two-factor authentication solutions that are also user friendly and cost effective. For additional information regarding Deepnet Security, please visit www.deepnetsecurity.com.
"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."