TriCipher Press Releases
TriCipher and Wipro Join Forces To Deliver Strong Authentication Solutions to eCommerce and Enterprise Portals
Strategic Partnership Addresses Industry Need for Best-In-Class Identity and Online Business Protection
LOS GATOS, Calif. (Oct. 29, 2007) — TriCipher today announced that Wipro (NYSE: WIT) will be the leading integrator and reseller of TriCipher’s Armored Credential System (TACS), delivering strong online authentication to eCommerce and enterprise portals.
This strategic partnership brings together TriCipher’s innovative approach to online identity, consumer and enterprise portal protection and Wipro’s global services for solutions design, implementation and deployment. Now, Wipro customers have easy access to the most cost-effective, secure and scalable online authentication tools available today.
“Wipro’s expertise and capabilities are a natural fit with TriCipher’s underlying strategy to deepen our footprint in core vertical markets, including financial services and medical, while expanding into new markets like eCommerce, healthcare and retail,” said Vatsal Sonecha, vice president of business development and strategy for TriCipher.
Wipro ESS has a large team of architects and consultants experienced in implementing various online security projects for BFSI, Healthcare, Retail, and eCommerce customers. The TriCipher Lab within the ESS Centre of Excellence serves as an excellent workbench for Wipro consultants to showcase simulated scenarios wherein TriCipher products are leveraged to address current customer challenges. Given the increasing sophistication of attacks targeted at compromising user identity and undermining the authentication process, these joint solutions are designed for customers looking for proven and cost effective identity protection and multi-factor transaction authentication – the only solutions demonstrated to be effective in preventing not only Man-In-The-Middle but also Man-In-The-Browser attacks.
Just recently, TriCipher extended its authentication portfolio with Armored VPN™, a new solution designed to lower by 85 percent enterprise remote access authentication costs. Enterprises and partners get a new, easy-to-deploy, secure and affordable solution to protect remote workers and significantly reduce and even eliminate costly one-time password tokens.
TriCipher’s flexible TACS solution enables companies to quickly strengthen authentication methods with:
- Multi-part credentials with patented split-key technology, making credential theft virtually impossible.
- Public key infrastructure (PKI) technology built directly into Web browsers to offer secure user authentication, transaction authentication, and digital signing.
- Portable, multi-use two-factor devices, including USB smart drives, iPods®.
“We’re seeing enormous demand for highly secure but affordable online authentication solutions,” said Prasenjit Saha, vice president of Enterprise Security Solutions Practice at Wipro. “We’re incredibly excited to add TriCipher’s advanced authentication approach to our portfolio, so that we can continue to offer our customers the best technology solutions on the market.”
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About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services organization globally. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance services to corporations globally. Wipro is one of the largest product engineering and support service providers worldwide.
Wipro’s Enterprise Security Solutions (ESS) practice is a leading provider of end-to-end security solutions that streamline security technologies and management processes to help mitigate the security risks associated with enterprises. Wipro ESS engages with its customers to assist in defining the security needs, evaluation, and implementation and management services for robust security solutions. Wipro ESS has been successfully executing projects for Global 1000 companies and solving their complex security problems across Americas, Europe and Asia-Pacific. Our customers include some of the worlds largest Banks, Financial houses, Auto manufacturers, Technology companies, Energy and Utility companies; Retail giants and FMCG companies etc.
For the diverse areas of the IT risk spectrum including information security, application security, data security, user and endpoint security, network security etc. - Wipro ESS provides consulting & design; development & deployment as well as management services across the value chain of the enterprise security lifecycle. Wipro’s large team of globally itinerant consultants and specialists have proven technology skills and certification as well as deep domain expertise in assisting customers in achieving their information risk management goals. This along with Wipro's Global Delivery Model typically delivers greater efficiency and better TCO for many organizations around the globe.
For more information, please visit http://www.wipro.com/security and http://www.wiprocorporate.com.
Media Contact
India:
Radhika Mahadevan, Wipro Technologies, +91 9945042603, radhika.mahadevan@wipro.com
Ranjani S Roy, Gutenberg Communications, +91 9886377941, ranjani@gutenbergpr.com
UK:
Rahul Kadavakolu, , Wipro Technologies, + 44 792 020 5496, rahul.kadavakolu@wipro.com
US:
Abhishek Mendiratta, Wipro Technolgies, + 1 732 789 8646 abhishek.mendiratta@wipro.com
Lavanya DJ, Gutenberg Communications, + 1 917 623 7793, lavanya@gutenbergpr.com
Forward-looking and cautionary statements
Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, , liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Wipro may, from time to time, make additional written and oral forward looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company. For further information, please visit our websites at www.wipro.com, www.wiprocorporate.com and www.wipro.co.in.
About TriCipher
TriCipher, Inc. provides a unified authentication infrastructure to protect web and enterprise portals, the people that use them and the business process that flows through them against fraud and identity theft. The TriCipher Armored Credential System™ (TACS) is the first authentication system that enables companies to deploy and manage multiple types of credentials from a single infrastructure. Through this flexible “Authentication Ladder,” TriCipher protects customer investment by adjusting authentication strength to defeat new threats and to meet regulatory changes without the need to implement a new infrastructure. Founded in 2000, TriCipher is headquartered in Los Gatos, Calif. The company is funded by ArrowPath Venture Capital, Intel Capital, RBC Technology Ventures, Trident Capital, and Wasatch Venture Fund. For more information, visit TriCipher on the web at www.tricipher.com
Media Contacts:
Adam Parken
Dan Brennan
Corporate Ink
617.969.9192
aparken@corporateink.com
dbrennan@corporateink.com
