Yubico and OneLogin Bring Secure Access to Financial Cloud

PALO ALTO, Calif. and STOCKHOLM, Jun. 14, 2011 — Yubico, a leading provider of easy and secure login solutions, and OneLogin, a cloud-based Identity and Access Management (IAM) provider, today announced a joint solution for managing access to multiple cloud-based applications that has been implemented for Sterling Knight. All three companies expressed confidence that the solution is effectively addressing security, compliance and cost challenges common to financial service companies across the globe.

Sterling Knight, a financial services company based in Singapore, is using the innovative authentication key from Yubico and OneLogin’s single sign-on and identity management service. The convenient key generates a One-Time Password (OTP) used by Sterling Knight remote workers to securely access the OneLogin Application Portal, protecting access to its Web applications without compromising ease-of-use.

“With OneLogin and YubiKey, we are able to login securely to our cloud-based applications such as Google Apps and salesforce.com with one password and the simple click of a button,” said Lawrence Adam, Chief Operating Officer of Sterling Knight. “The implementation of the OneLogin/YubiKey solution was so simple that even our least technical employees were trained to use it in about 15 minutes.”

Leading IT market research and advisory firm IDC recently reviewed the joint solution used by Sterling Knight in a Buyer Case Study and found that companies such as OneLogin and Yubico are demonstrating that cloud-based solutions are indeed viable and secure options in today’s computing environment.

“For those that are looking to eliminate multiple passwords and strengthen their access controls without putting too much pressure on their budgets and staff should consider these types of solutions from Yubico and OneLogin,” said Sally Hudson, Research Director, Identity and Access Management Products and Services at IDC.

By using the OneLogin/YubiKey solution, Sterling Knight has improved security while meeting compliance requirements and offering the latest technology to protect customer privacy. The cost savings gained by having more employees work remotely has enabled Sterling Knight to expand operations.

About Sterling Knight
Sterling Knight is a licensed insurance broker in Singapore, regulated and licensed by the Monetary Authority in Singapore to transact general and life insurance. Since its inception in 1973, Sterling Knight has worked with clients to protect their businesses and employees through the provision of general insurance and employee benefits consultancy and according to the principles of trust, integrity and speed.

Sterling Knight is a member of the Worldwide Broker Network, a global network of independent insurance brokers with USD2 billion revenue.

About OneLogin, Inc.

OneLogin provides the fastest path to IAM in the cloud with an on-demand solution consisting of single sign-on, password management, multi-factor authentication, directory integration, user provisioning and an application catalog with over 1,700 pre-integrated applications, including Salesforce, Google Apps, WebEx, SugarCRM, Box.net, Workday, Netsuite, DocuSign, LotusLive, Cornerstone OnDemand, AtTask, Yammer and Zendesk.

OneLogin, Inc. is backed by Charles River Ventures. Free trial available at: www.onelogin.com.

About Yubico

Yubico is the leading provider of easy-to-use two-factor authentication. The company’s flagship product, the YubiKey, uniquely combines driverless USB hardware with open source software. More than a million users in 95 countries rely on the YubiKey for online identity protection with simple and secure access to computers, networks and online services. Customers range from individual Internet users to e-governments and Fortune 500 companies. Founded in 2007, Yubico is privately held with offices in California, Sweden and UK. For more information, please visit yubico.com.