PhenixID Signs Contracts at a Value of 10 MSEK for Identity Management Solutions

STOCKHOLM --- Clavister announces that PhenixID AB has signed contracts with customers of 10 MSEK in December. PhenixID provides solutions which enable organizations to manage their digital identities and its resources in a safe and cost effective manner, while the applications / services can be protected through secure multi-factor authentication (MFA).

Jim Carlsson, CEO of Clavister comments: "One of the most common cybercrimes is identity theft. One way to reduce the risk for identity thefts is to install the Clavister MFA (Multi-factor authentication). The goal with a multifactor authentication is to exponential increase the difficulty for an unauthorized person to get hold on the user's credentials"

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