The OTP World Has Changed
The strong authentication and one-time password (OTP) market is seeing steady growth due to several factors: the movement to cloud-based services; the demand for single, federated sign-on to software-as-a-service (SaaS) apps; the continuing growth of the threat landscape; open standard approaches; and innovative methods for stronger authentication. Biometrics is now the largest segment for strong authentication, with much of its momentum driven by the use of voice biometrics in call center and interactive voice response (IVR) applications. Now security professionals are actively seeking ways to improve the strength of user authentication on their networks. "Cloud-based services and bring your own device (BYOD) trends, in particular, demand speedy information exchange through the cloud for business continuity, and hence, security for these applications tops the priority list in most organizations," said Frank Dickson, Network Security Industry Principal at Frost & Sullivan.