1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

World's first insured authentication provides $1M coverage per financial transaction

Discussion in 'Network World' started by RSS, May 16, 2016.

  1. RSS

    RSS New Member Member

    Cyber insurance doesn’t come cheap and it doesn’t always pay out after a company is hacked. But today the Scottsdale-based company Trusona announced that it has become the world’s first insured authentication platform. Trusona, using its own cyber insurance, will insure the identity and thereby the transactions of Trutoken users up to $1 million.

    Tim Greene previously wrote about Trusona’s “100% accurate authentication scheme” which uses the company’s Trutoken dongle. The product is primarily aimed at users such as bank customers moving thousands of dollars or corporate executives with access to critical data.

    To read this article in full or to leave a comment, please click here

    Continue reading...

Share This Page