PasswordBank Transforms Identity Federation in Enterprises

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PasswordBank Federation is the first and only multi-platform Identity Federation solution that works with or without SAML, providing maximum security and compliance to Enterprises

PasswordBank is the trusted broker that provides the glue between client and application security. Federated SSO allows a user to login just once to any kind of application (Salesforce.com, Google Apps, Lotus Notes)" Rob Clyde former CTO at Symantec

PasswordBank Technologies Inc., the Identity-as-a-Service (IDaaS) company, announced today the introduction of PasswordBank Federation, the first and only multi-platform Identity Federation solution that works with or without SAML, providing maximum security to Enterprises and Service Providers.

PasswordBank Federation allows identity-related information to be shared securely between the enterprise and service providers (cloud and on-premise applications). PasswordBank enables the Enterprise to maintain full and centralized control over accesses to all applications of the organization. Main features include Federated Single Sign-On (SSO), Two-factor strong authentication, Account provisioning and deprovisioning and Centralized audit repository.

"Today the Hybrid IT environment, cloud-based and on-premise business applications, are forcing companies to rethink their identity management policies. CISOs and Security Managers want to do more using Federation than to simply provide Web Single Sign-On limited to only SaaS applications. Federation can complement SSO solutions as well as provide improved user experiences and productivity", said Roger Casals, Founder and CEO of PasswordBank

Companies want to increase business agility with federated access management providing quick interoperability with business partners and SaaS applications. However, Identity Federation requires SAML two-way integration, meaning that applications to be federated need to be SAML compliant and need to be configured to support it on both ends. PasswordBank provides a unique Federation solution that works with or without SAML.

"PasswordBank is the trusted broker that provides the glue between client security and application security. Federated Single Sign-On allows a user to login just once to any kind of application (e.g, Salesforce.com, Google Apps, Lotus Notes) and then access all authorized cloud and on-premise services, replacing the use of a password at each service", said Rob Clyde, former CTO at Symantec and Managing Partner at Clyde Consulting LLC advising PasswordBank as Chief Strategy Officer.

About PasswordBank

PasswordBank provides a unique Identity-as-a-Service (IDaaS) platform, a new approach for secure access to corporate identity in today’s complex and hybrid IT environments (Cloud and On-premise). PasswordBank IDaaS platform provides Identity and Access Management (IAM), Federated Identity, Hybrid Single Sign-On (Enterprise and Web SSO) and Privileged User Management. PasswordBank is headquarted in Silicon Valley with customers and offices in North America, Europe, Asia and Latin America. The company has a partnership with Oracle as its E-SSO Partner for Non-Windows platforms.

For more information, visit http://www.passwordbank.com

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