21
March 2024
INTERCEDE GROUP
plc
('Intercede', the 'Company'
or the 'Group')
New Product
Announcement
Launch of MyID MFA
v5
Intercede, the leading cybersecurity software
company specialising in digital
identities, has released the latest
iteration of its Multi-Factor Authentication MyID MFA product,
version 5 ("MyID MFA
v5").
MyID MFA v5 delivers enhanced
security, flexibility, and easier integration for organisations
seeking to protect their applications, data, and networks. It
positions Intercede as the leader in the stronger authentication
space, offering a comprehensive and user-friendly solution from
passwords to PKI, for today's evolving security
landscape.
Key
Features of MyID MFA v5:
·
FIDO
Passkeys: MyID MFA v5 allows
organisations to leverage FIDO Passkeys, enabling a secure and
passwordless user experience. It acts as both a FIDO authentication
server and a passkey issuance solution, supporting both Syncable
Passkeys (mobile phone based) and Device Bound Passkeys (on
dedicated devices like, but not limited to, YubiKeys);
·
Streamlined
Security and User Experience: MyID MFA v5 incorporates Identity Provider (IDP)
capabilities, offering a single sign-on solution for applications,
Windows desktops, self-service portals, and password resets.
Additionally, it integrates with existing credentials and IDPs,
minimising deployment costs;
·
Enhanced Windows
Desktop Agent: The Windows
Desktop Agent now supports federation, 3rd party authenticators,
and FIDO passkeys; and
·
Integration with
MyID CMS: MyID MFA v5 integrates
with MyID CMS, providing a centralised management platform for all
user credentials and life cycle management.
Klaas van der Leest, CEO, commented:
"I
am very pleased to make this announcement, as the MyID MFA v5
product has been created by an integrated development and test
team. This new functionality and product integration was a key
plank of our rationale for the acquisition of Authlogics. Our
customers and partners continue to derive maximum value from their
investments whilst Intercede makes the most efficient use of our
combined resources."
ENQUIRIES
Intercede Group plc
|
Tel.
+ 44 (0)1455 558111
|
Klaas van der Leest
|
CEO
|
Nitil Patel
|
CFO
|
|
|
Cavendish Capital Markets Limited
|
Tel.
+ 44 (0)20 7220 0500
|
Simon Hicks/Fergus
Sullivan
|
Corporate Finance
|
Tim Redfern
|
ECM
|
About Intercede
Intercede is a cybersecurity
software company specialising in digital identities, and its
innovative solutions enable organisations to protect themselves
against the number one cause of data breach: compromised user
credentials.
The Intercede suite of products
allows customers to choose the level of security that best fits
their needs, from Secure Registration and ID Verification to
Password Security Management, One-Time Passwords, FIDO and
PKI. Uniquely, Intercede provides the entire set of
authentication options from Passwords to PKI, supporting customers
on their journey to passwordless and stronger authentication
environments. In addition to developing and supporting Intercede
software, the Group offers professional services and custom
development capabilities as well as managing the world's largest
password breach database.
For over 20 years, global customers
in government, aerospace and defence, financial services,
healthcare, telecommunications, cloud services and information
technology have trusted Intercede solutions and expertise in
protecting their mission critical data and systems at the highest
level of assurance.
For more information visit:
www.intercede.com