tyntec, a global cloud communications provider, and Averon announced their strategic technology partnership.
Leveraging tyntec's extensive wireless carrier connectivity, the partnership will drive a global rollout for Averon's Direct Autonomous Authentication (DAA). Averon's technology provides instant, frictionless authentication, making it the easiest, fastest and most secure identity verification solution on the market. tyntec, which provides many of the world's leading internet companies and global enterprises with multifactor authentication services, will enable direct, international, wireless carrier connections for the DAA launch.
The average cost of data breaches is continually rising, and experts maintain that threat actors behind these breaches are increasingly aggressive. In 2018, data breaches compromised more than 2.5 billion records in the United Statesalone. According to the Ponemon Institute, this equates to US$370 billion in business losses. This landscape prompted a growing need for multifactor authentication controls. However, implementing tighter security is often complicated and frequently leads to a negative customer experience. Together, tyntec and Averon are changing this dynamic, introducing DAA to provide tighter security through a back-end, two-factor authentication cycle that occurs without the need for SMS or user actions.
Thorsten Trapp, CTO at tyntec
Through our partnership with Averon, we look forward to delivering secure, effective, multifactor authentication solutions that also enable enterprises to offer a positive and streamlined user experience.
Wendell Brown, CEO, Averon
Until now, they have been forced to choose between 'ideal usability' and 'ideal security.' Averon's technology changes that, and with tyntec, we are bringing a new option that provides the best of both worlds: the strongest authentication with the easiest use.
