SAN FRANCISCO, CA--(Marketwired - May 19, 2015) - Today at Twilio's SIGNAL conference, Authy, a leading provider of mobile and Web access security solutions, announced two new products aimed at solving the growing security challenges facing corporations and individuals -- Authy OneTouch and Authy for Apple Watch. Authy OneTouch is a next generation strong authentication process that presents users with a simple push notification style request to approve logon access or a transaction. Authy for Apple Watch extends the iOS version of the Authy app to provide a convenient way to securely access protected applications from the Apple Watch. Authy OneTouch and Authy for Apple Watch are engineered to be enhancements of Authy's existing API and Soft Token (time-based, one-time password) products and can be used in combination to support any authentication or authorization requirement. To learn more and to get started with Authy two-factor authentication (2FA), visit twilio.com/authy.
"Breaches of password protected applications have increased 14x in the past five years. As a result, 2FA is increasingly being adopted as a best practice for cloud and mobile operations. Most importantly, consumers are demanding a more secure way to protect their accounts than passwords alone," said Marc Boroditsky, general manager of authentication solutions for Authy. "Our new products make multi-factor authentication easy for businesses to implement, and easy for consumers to use. These new generation 2FA advancements represent a large step forward toward the realization of our vision of making two-factor authentication available and accessible to all."
Authy OneTouch streamlines 2FA for users by making it a simple "yes" or "no" approval of a push notification initiated request on an authorized mobile device -- there are no one-time password codes for users to enter or manage. The product offers frictionless 2FA for consumers while providing a cryptographically secure authentication process. Based on public and private cryptographic key processes, Authy OneTouch provides non-repudiation and protects against phishing and man-in-the-middle attacks for any logon or event, such as changes in account settings, high-risk transactions or credit card purchases. As added security and for user convenience, Authy OneTouch presents a message about what is being authorized such as the transaction amount, logon location or a confirmation request for a particular action, which becomes a part of the digitally signed record of the transaction. Authy OneTouch beta is available today.
Authy for Apple Watch is a secure and convenient way for Authy users to login and transact securely within their accounts. The product extends the functionality of the Authy mobile and desktop apps to the Apple Watch so users can conveniently access time-based one-time passwords (TOTP) and Authy OneTouch requests on their wrists, meaning consumers can have the security of 2FA without even taking out their phone. Authy for Apple Watch is currently available for download.
About Authy
Authy addresses the growing need for strong authentication in an increasingly connected world. The company's two-factor authentication (2FA) products provide a fast-to-implement, highly scalable and proven 99.999 percent reliable alternative to passwords. Designed with a focus on user experience and on providing users with the ability to self-service, the Authy 2FA cloud service is used by more than 11,000 websites serving over 1.7 million consumers worldwide. Companies using Authy 2FA include Cloudflare, Coinbase and Twitch. Authy is a Twilio company. To learn more about the Q1 2015 combination of Authy and Twilio, visit https://www.authy.com/twilio.
About Twilio
Twilio makes communications easy and powerful. With Twilio's platform, businesses can make communications more relevant and contextual by integrating real-time communication capabilities directly into their software applications. We are re-inventing the $1.6 trillion communications market, taking it from its 140 year legacy in hardware to its future in software. Our platform has nearly 700,000 registered developers and is used in more than one million unique software applications. Industry disruptors like Uber, Trulia, Box and Zendesk and enterprises like Coca-Cola Enterprises, Walmart, Home Depot, Intuit and Alaska Airlines trust Twilio to power and innovate their communications at global scale.
Founded in 2008, Twilio is privately-held and has over 400 employees with offices in San Francisco, Mountain View, New York City, London, Munich, Dublin, Tallinn Estonia and Bogota Colombia. The company has raised over $210M from leading venture investors such as Fidelity, T. Rowe Price, Bessemer, Redpoint and Union Square.
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