Wake-up Call to Financial Services Industry -- Cyber Secure Launches NRUAS, Strong Authentication; Works Without Password and Tokens, to Reduce Online Bank Fraud and Theft of Identity Data

TORRANCE, Calif.--()--June 28, 2005--Cyber Secure Inc., a division of Internet Promise Group LLC, announced that it is launching NRUAS(TM), a technology for strong remote-user authentication that works without password and tokens and scales across a large employee and customer base in millions and which eliminates online banking fraud and the theft of identity data from banks' and merchants' computer systems.

When it comes to authentication, the information security industry is stuck in the old paradigm of a password, tokens and biometrics. These technologies have severe cost, security, scale and logistical implications as well as limitations. NRUAS, the new shift in the old paradigm is simply that NRUAS delivers strong authentication without passwords, security tokens and even biometrics and does so by a unique combination of existing long-held and proven security concepts.

The uniqueness of NRUAS lies in three major attributes: (i) a person is an integral part of the authentication process, (ii) significant cost advantage, and (iii) robust and secure deployment architecture that is infinitely scalable across large customer/employee base.

NRUAS uses COCB(TM), and DTMF-PIN(TM) as the two factors of authentication. These two factors are closely integrated with the remote person being authenticated and since this integration delivers more than just combination of two separate authentication factor, it is referred to as a two-factor plus strong authentication. More information on NRUAS is available in an article at www.CyberSecureInc.com.

Tara Chand, inventor of NRUAS, New Remote User Authentication Service, and President of Cyber Secure Inc., said: "Online bank fraud and ID Theft has become a serious business issue. We would work and partner with any business to have them deploy NRUAS for their and their customer's benefit and protection. Businesses may be subjected to class action lawsuits from those whose identity has been stolen from their systems."

Cyber Secure Inc. innovates, builds, and markets products and services based on new technologies for network access security that specifically eliminate and reduce theft of ID data. Cyber Secure is a subsidiary of Internet Promise Group(R) LLC, which was founded in January 2000 as a research and development organization to innovate across a very large spectrum of new products and technologies. www.InternetPromise.com

Contacts

Cyber Secure Inc.
Tara Chand, 310-787-1400
chand@CyberSecureInc.com

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