|By Pat Romanski||
|October 8, 2013 11:00 AM EDT||
Slide Deck: Securing Identities in the Cloud
As web applications continue to proliferate, identity theft and fraud expand to chronic levels in the US. Back in 2006, the FTC reported over 8M victims of identity theft with cases costing $5000 and 1200 hours to repair the damage, and it's only gotten worse since then. MasterCard and Visa spend over a billion each year to fight identity theft and web companies are increasingly the subject of class action lawsuits due to online security breaches. Web companies need to find a safer method for securing the identity of their users.
Thankfully new cloud solution companies are responding, offering solutions with strong authentication and the convenience of the cloud and your mobile device. These solutions can be easily deployed utilizing new technologies like secure QR codes, smart silicon embedded in laptops and tablets, and secure mobile apps. Recently, a few ASPs like Twitter and Facebook have deployed SMS authentication for additional security. These incremental steps are moving in the right direction but fall short of what is required to stop hackers.
In his session at the 13th International Cloud Expo®, Mike O'Malley, VP of Product Marketing and Management MYDIGIPASS at VASCO Data Security, discussed the challenges to securing customer accounts, leverage research from UCLA and others as to why SMS authentication falls short, and discussed new technologies that can be leveraged for a new breed of cloud-based authentication solutions. Business cases were presented showing how ASPs can secure their users and build trust with these new technologies that have an ROI measured in months not years.
Mike O'Malley brings 20 years of experience in marketing, product development, strategy and management to VASCO Data Security. Currently, Mr. O'Malley is the Vice President of Product Marketing at VASCO. In this role, he is responsible for leading customer and market initiatives for MYDIGIPASS.COM, VASCO's cloud authentication application. Mr. O'Malley has extensive experience developing innovative products and strategies in technology businesses including security, cloud and wireless. Prior to VASCO, Mr. O'Malley held various management positions leading growing business units at Tellabs and Ericsson. Mr. O'Malley holds a Master of Business Administration degree, a Master of Science in electrical engineering, and a Bachelor of Science in electrical engineering from the University of Illinois. He also completed the Executive Strategy Programs at the University of Chicago.
A Rock Star Faculty, Top Keynotes, Sessions, and Top Delegates!
Cloud Expo® 2014 New York, June 10-12, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading Cloud industry players in the world.
All main layers of the Cloud ecosystem will be represented at the 14th International Cloud Expo® - the infrastructure players, the platform providers, and those offering applications, and they'll all be here to speak, sponsor, exhibit and network.
for Cloud Expo® 2014 New York
Cloud Expo® 2014 New York "show prospectus" has shipped. Sponsorship, exhibit, and keynote opportunities can be obtained from Carmen Gonzalez by email at events (at) sys-con.com, or by phone 201 802-3021.
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