Security measures like one-time passwords are becoming more common

To counter growing cyber threats, many companies are embracing additional security methods to limit threats.

Published Sat, Feb 22 2014 7:20 AM CST   |   Updated Tue, Nov 3 2020 12:18 PM CST

Companies searching for new methods to keep networks safe and defend against cyberattacks are increasingly turning to strong authentication and one-time passwords, according to market research firm Frost & Sullivan.

Security measures like one-time passwords are becoming more common |

Strong authentication is the technique used by banking and financial institutions, while one-time passwords are single-use passwords that better protect against phishing and other security breaches.

Smaller boutique security vendors have popped up to help fill the void in a booming security market. Since more companies and consumers are scrambling for security solutions this will lead to a market of acquisitions as larger companies gobble up smaller, niche security firms.

"The strong authentication market does not have a single future but many futures, as different use cases and levels of requirements will necessitate diverse solutions," said Frank Dickson, Frost & Sullivan network security industry analyst, in a press release. "To that end, attaining technology through acquisitions or licensing is a successful strategy to address product portfolio deficiencies."

The use of sophisticated malware has been in the news a lot over the past 12 months, with cybercriminals honing their digital skillsets. Malware isn't a new security threat, but growing sophistication and an expanding black market now makes it easier for people to compromise users.


An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog,, while he looks to remain busy in the tech world.

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