- 22 September 2004 10:51
America Online And RSA Security Launch AOL® Passcode Premium Service
AOL Is First Online Service to Offer Optional State-of-the-Art Two-Factor Authentication to Consumers
Keychain-Sized Device Provides Second Level of Account Protection Through Automatically-Generated Supplemental Password
DULLES, VA and BEDFORD, MA, September 21, 2004 - America Online, Inc., the world’s leading interactive services company, and RSA Security Inc. (NASDAQ: RSAS), a leading provider of solutions that secure and manage online identities, today announced the launch of AOL PassCode, a new premium service that offers members a second level of AOL account protection through the use of a keychain-sized device that generates and displays a unique six-digit numeric code every 60 seconds.
“AOL PassCode is like adding a deadbolt to your AOL account by automatically creating a new secondary password every 60 seconds,” said Ned Brody, AOL’s Senior Vice President for Premium Services. “Many of our members use their accounts for business purposes, financial transactions or other sensitive activities. AOL Passcode offers a higher standard of protection through the same state-of-the-art two-factor authentication system used by many financial institutions, technology companies, and other major businesses. We’re proud to be the first online service to offer this extraordinary supplementary level of security protection to our users.”
AOL PassCode offers a higher standard of protection for members through the same RSA SecurID® state-of-the-art two-factor authentication system already used by thousands of businesses worldwide. AOL members using PassCode must enter their normal account password and the current device code in order to access their account.
“The emergence of new and more pervasive online threats and an increase in what consumers can and want to do are requiring better ways to protect personal information online,” said Art Coviello, President and Chief Executive Officer at RSA Security. “AOL PassCode is a powerful, yet simple tool that helps ensure an AOL account, and the information in it, is being protected by one of the world’s strongest authentication technologies. RSA Security leads the market in strong two-factor authentication, and we’re pleased to work with AOL to extend that leadership into online consumer identity protection.”
About the AOL PassCode service:
To log into an AOL account, users are prompted for both their normal password and the token code generated by the PassCode device. Based on RSA Security’s patented authentication technology, the device generates a simple, six-digit code that changes every 60 seconds. The result is a unique, one-time-use PassCode that is used to positively identify, or authenticate, the user. If the code is validated by the system, the user is granted access to their AOL account. If it is not recognized, the user is denied access. “The AOL PassCode Service Offering is a historical event in ecommerce and will pave the way for much needed and more widespread two-factor authentication among U.S. consumers and their service providers,” said Avivah Litan, Vice President and Research Director at Gartner, a provider of research and analysis on the global IT industry. “AOL is ahead of its peers in realizing that consumers are willing to pay for additional security, and utilizing RSA Security’s practical, proven technology is a logical choice.”
AOL is offering AOL PassCode as a premium service to AOL members for a one-time cost of US$9.95 for each device plus an additional US$1.95 - US$4.95 per month, depending on the number of screen names on the account that are secured to an AOL PassCode device. To sign up or learn more, members can log on to the AOL service and visit Keyword: PASSCODE or call 866-568-6843.
Over the past two years, AOL has launched a range of premium services for its members, including AOL® Call Alert, an online call-waiting service; AOL® Voicemail, helping users access their messages, both online and off; AOLbyPhone™, letting users listen and reply to e-mail over any telephone; MusicNet®@AOL, allowing users to find, download, listen to, and burn digital music legally; and McAfee® VirusScan® Online - a comprehensive premium virus protection service.
In addition to the new AOL PassCode premium service, other standard safety and security features of the AOL service offered at no additional charge include anti-virus scanning of all incoming and outgoing e-mail, AOL® Spyware Protection to help disable unwanted programs, AOL’s award-winning Parental Controls to help provide children and teens with a safer and age-appropriate online experience, web pop-up controls to block unwanted pop-up ads, computer and server-based spam controls to block unwanted e-mail, and a downloadable customized firewall for premium broadband users.
About RSA Security Inc.
RSA Security Inc. helps organizations protect private information and manage the identities of people and applications accessing and exchanging that information. RSA Security’s portfolio of solutions – ncluding identity & access management, secure mobile & remote access, secure enterprise access, secure transactions and consumer identity protection – are all designed to provide the most seamless e-security experience in the market. Our strong reputation is built on our history of ingenuity, leadership, proven technologies and our more than 15,000 customers around the globe. Together with more than 1,000 technology and integration partners, RSA Security inspires confidence in everyone to experience the power and promise of the Internet. For more information, please visit www.rsasecurity.com.
About America Online, Inc.
America Online, Inc. is a wholly owned subsidiary of Time Warner Inc. Based in Dulles, Virginia, America Online is the world’s leader in interactive services, Web brands, Internet technologies and e-commerce services.
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RSA and SecurID are registered trademarks or trademarks of RSA Security Inc. in the United States and/or other countries. All other products and services mentioned are trademarks of their respective companies.