The Cyber Security Review | Thursday, September 02, 2021
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Verify from CEQUENS is a premium digital security and two-factor authentication solution.
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FREMONT, CA: CEQUENS debuts their new product Verify. Businesses wishing to safeguard user identities and online accounts can use the product to provide verification solutions such as two-factor authentication. Verify complements CEQUENS's existing product line of communication solutions and advances the company's goal of developing an omnichannel approach to business communication.
Maintaining the confidentiality of sensitive information.
In a press conference, Hussein El-Safy, CEQUENS' Product Manager, says that Verify provides best-in-class digital security and safeguards user data against constant attacks. Two-factor authentication adds additional security levels to ensure data is accessed safely and immediately.
With the increased adoption of cloud computing, more sectors are becoming aware of the critical nature of two-factor authentication. Verify enables the use of various authentication mechanisms, including SMS one-time passwords, one-time voice passwords, and application soft tokens. Verify is available as part of CEQUENS's award-winning Communication Platform, a multichannel solution designed to create connections between businesses and their global customer base. Verify provides verification experiences via SMS, Voice, or Email for various enterprises via multichannel connectors and a set of capable APIs.
Verify safeguards one’s private information. The product creates awareness for a variety of issues, including the following:
Attempts at theft, scamming, and phishing
Authentication of digital identities for login attempts
Hacking of passwords, ransomware, and other cybercrimes
Registrations from spammers
Multi-factor authentication
The COVID-19 epidemic influenced the establishment of Verify now. During the pandemic, industries like BFSI (Banking, Financial Services, and Insurance), healthcare, manufacturing, retail, and logistics had to speed up their adoption of two-factor. Sensitive data protection became more critical as online transactions grew. In 2020, global ransomware assaults cost these industries and others the equivalent of $20 million, highlighting the urgent need for modernized security solutions.
Suitable for all industries
Verify protects financial data and secures online payments by sending instant one-time passwords for numerous transactions. Retailers and e-commerce solution providers can use it to assist customers in verifying their identities when shopping online. As well as help customers set up digital accounts or devices and safeguard their logins with instant verification codes.
A whole year's worth of product reveals
Verify is CEQUENS's second significant product launch in 2021, following the introduction of CEQUENS Chat in January to honor the company's tenth anniversary. CEQUENS Chat is an all-in-one customer interaction solution that integrates with a variety of platforms.
Verify is now available in the following countries Egypt, Saudi Arabia, United Arab Emirates, Qatar, and Bahrain, with more to come.
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