RSA buys PassMark for $44 million

RSA buys PassMark for $44 million


RSA Security said on Monday that it acquired PassMark Security, a maker of lightweight authentication technology.

RSA paid US$44.7 million in cash and stock for PassMark and plans to add the company's technology to expand a growing portfolio of consumer authentication technology, including products and services acquired with Cyota in December last year.

PassMark makes Web authentication technology that allows Web sites to use multiple "factors," such as user names, passwords, and challenge questions to verify log-ins. The company also has technology for displaying unique images, or "PassMarks," that help defeat phishing attacks on Web sites.

Bank of America uses a version of PassMark's technology to secure sessions at its online banking Web site. Smaller banks, credit unions, and banking service providers also use the technology.

In a statement, RSA said that the acquisition will help the company become a "strategic hub" for the financial marketplace. RSA will have authentication products for customers, merchants, and online transactions.

RSA inherits PassMark's portfolio of authentication technology, including image- and voice based authentication, which the company plans to add to its RSA Adaptive Authentication product line.

PassMark's customers will also be able to contribute to eFraudNetwork, a cross-bank antifraud network, RSA said.

Follow Us

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.


ARN Innovation Awards 2022

Innovation Awards is the market-leading awards program for celebrating ecosystem innovation and excellence across the technology sector in Australia.

EDGE 2022

EDGE is the leading technology conference for business leaders in Australia and New Zealand, built on the foundations of collaboration, education and advancement.

Brand Post

Channel Roadmap

The Channel Roadmap is a bespoke content hub housing strategic priorities from technology vendors for 2022 and beyond, partners can find the guidance on the key technologies and markets to pursue, to help build a blueprint for future success.

Show Comments