DENVER, Colo. — July 20, 2014 — Ping Identity®, The Identity Security Company™, today announced at the Cloud Identity Summit major new solutions and product updates that will bring the industry closer to a post-password security standard. Following on the heels of its acquisition of multi-factor authentication provider accells technologies earlier this year, the company is launching PingID, a brand new security solution for one-swipe mobile authentication. The launch also features significant new upgrades to the company’s PingFederate, PingAccess and PingOne product lines.
“Companies are spending more than $40 billion on IT security technology while hackers cost the U.S. economy as much as $100 billion every year, and the undisputed majority of these breaches are password-related,” said Andre Durand, CEO, Ping Identity. “These economics tell a clear story: security approaches that target endpoints, networks and email are not equipped to cope with the increasingly mobile and cloud-connected world in which we live. With today’s announcements, Ping is excited to move one step forward in creating a safe and secure world where strong identity takes you anywhere.”
New solutions and product updates include:
PingID as well as updated versions of PingFederate, PingAccess and PingOne are all generally available. For more information on these products and others, please visit this blog post.
About Ping Identity | The Identity Security Company
Ping Identity is the pioneer and largest independent provider of next generation identity security solutions, with more than 1,200 customers worldwide, including half of the Fortune 100. Ping Identity is transforming the way hundreds of millions of people live and work every day by making their apps more convenient and secure to access from any device, anywhere. Visit pingidentity.com for more information.
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