RSA Security Acquires Cyota

BEDFORD, Mss. - (12/06/05) -- RSA Security Inc. announced Mondayit has agreed to acquire Cyota, Inc., a privately held NewYork-based start-up that provides online security and anti-phishingsolutions for credit unions and other businesses. The totalpurchase price is $145 million. RSA said the deal will allow it tobecome the first to market with a risk-based online authenticationapproach. This approach will allow customers to choose from a rangeof authentication techniques--from life questions, watermarking andanomaly detection to digital certificates, tokens and smartcards--depending on the risks posed and the desiredconvenience.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER