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RSA Security Grows its Share of the Global Authentication Market

  • 06 March, 2006 15:03

<p>RSA Security Inc. (Nasdaq: RSAS) today announced that it has maintained its strong lead and grown its market share in the global authentication token and authentication revenue markets, according to IDC’s Worldwide Hardware Authentication Token 2005-2009 Forecast and 2004 Vendor Shares report (IDC Document Number 34452, December 2005).</p>
<p>The company grew its market share of global Hardware Authentication revenue to 47.2 percent – an expansion of 20 percent from 2003 to 2004 and more than triple the share of its nearest competitor.</p>
<p>In the Traditional Authentication market, RSA Security grew its market share by 16.5 percent to a total of 73.1 percent – more than seven times the share of the next-ranked vendor. Similarly, its share of Authentication Server revenue reached 70.9 percent – a growth of 27.2 percent and more than triple the share of its nearest rival.</p>
<p>“These results reflect the depth of expertise and innovation that comes from RSA Security’s relentless, 20-year focus on developing and implementing two-factor authentication,” said Steve Terry, Sales Director – Australia and New Zealand of RSA Security.</p>
<p>“Now, with the acquisition of Cyota, we have added six years of fraud expertise to that deep expertise in two-factor authentication. This paves the way for RSA Security to offer the industry’s most comprehensive set of authentication and anti-fraud solutions for a single provider. Our offerings now span anti phishing and pharming, mutual authentication, risk-based authentication, transactional authentication, and one-time passwords in both hardware and software,” he said.</p>
<p>About RSA Security Inc.</p>
<p>RSA Security Inc. is the expert in protecting online identities and digital assets. The inventor of core security technologies for the Internet, the company sets the standard in strong authentication and encryption, bringing trust to millions of user identities and the transactions that they perform. RSA Security’s portfolio of award-winning identity &amp; access management solutions helps businesses to establish who’s who online – and what they can do.</p>
<p>With a strong reputation built on a 20-year history of ingenuity, leadership and proven technologies, we serve approximately 20,000 customers around the globe and interoperate with more than 1,000 technology and integration partners. For more information, please visit www.rsasecurity.com</p>
<p># # #</p>
<p>RSA, RSA Security, BSAFE, ClearTrust and SecurID are either registered trademarks or trademarks of RSA Security Inc. in the United States and/or other countries. All other products and services mentioned are either registered trademarks or trademarks of their respective companies.
Media Contacts
John Back, Kinetics, (02) 9212 3848, john@kinetics.com.au
Melinda Hickin, RSA Security Australia Pty Ltd, (02) 9463-8407
, mhickin@rsasecurity.com</p>

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