Microsoft announced that it has acquired a multifactor authentication (MFA) solution firm PhoneFactor. PhoneFactor was founded in 2001 and helped organization to secure millions of logins and transactions each year. It already works with many Microsoft products and services, including Outlook Web Access and Internet Information Services, and interoperates with Active Directory. The terms of the deal were not disclosed.
“The acquisition of PhoneFactor will help Microsoft bring effective and easy-to-use multifactor authentication to our cloud services and on-premises applications,” said Bharat Shah, corporate vice president, Server and Tools Division for Microsoft. “In addition, PhoneFactor’s solutions will help Microsoft customers; partners and developers enhance the security of almost any authentication scenario.”
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