tru.ID ( https://tru.id ), the API-based mobile cybersecurity platform, today announced integration with mobile operators Telekom, O2 and Vodafone, providing the SIM-based authentication ready for businesses in Germany, bringing more than 80 million new users to the tru.ID network. This gives companies the opportunity to offer their customers and employees in Germany the security and user-friendliness of next-generation authentication.
With the implementation of tru.ID, companies of all sizes can now benefit from the robust security of mobile networks by using the SIM-based authentication technology that is included in every mobile phone. tru.ID delivers this latest innovation in authentication to mitigate the risk of password-related security breaches, offering a unique combination of hardware-based security and a seamless user experience.
A solution to contain cybercrime is urgently needed
In the course of the switch to hybrid working, cybercrime and ransomware attacks in particular have increased significantly. Attackers mostly use bad password habits and phishing of user data.
The Hiscox Cyber Readiness Report 2021 (1) comes to the conclusion that 74% of ransomware attacks in Germany are carried out via phishing emails. As Verizon Enterprise notes in its 2020 Data Breach Investigations Report (DBIR) (2) , 80% of data breaches involving threat actors involve either brute force techniques or lost or stolen credentials.
The ability for criminals to exploit these password vulnerabilities has been a major factor in the rise in ransomware attacks, which surpassed 304 million attacks in 2020 (over 800,000 per day) (3) and an estimated total cybercrime damage to businesses of over 1 reached $1 trillion (4) .
tru.ID SIM authentication can help companies avoid this risk.
Next-gen SIM-based authentication – how it works and why it’s so secure
When we use our mobile phone, we don’t have to enter our email address and password to log in. We are automatically logged into the mobile network as the mobile operator performs a cryptographic check on the SIM card in the background to confirm its validity. From this point on, all communication between the device and the network is fully encrypted.
Now this authentication feature is available as an ownership factor API. Simply add the tru.ID SDK to your mobile app to instantly provide all your customers with ownership security.
Paul McGuire, co-founder and CEO of tru.ID, comments: “Businesses urgently need support to protect customers and employees from cybercrime. We are excited to bring this next-generation security solution to market and, in cooperation with our German mobile network partners, to help companies prevent cybercrime.”