Entersekt Appoints IST Networks as Reseller in the Middle East and Turkey
Summary
OTP-based authentication remains the predominant means of securing digital banking in the Middle East, particularly in Saudi Arabia and Bahrain where SMS OTPs or mTANs are widely used. “A storm of large-scale attacks against OTPs continues to build globally, even as regulators and telecommunications bodies urge businesses to shelve the dated technology,” said Dewald Nolte, a co-founder of Entersekt and its SVP partnerships and alliances. Built on open technologies for high availability, scalability, and simple integration, Entersekt’s patented security products protect millions of devices and transactions daily, while complying with the world’s most stringent regulatory guidelines. Established in 2002, IST has grown to supply customer experience solutions and managed services to well over half the banks and telecom operators in the Middle East. IST’s extensive knowledge of the local market and demographic behavior allows it to provide valuable intelligence in creating effective customer experience systems that keep brand promises.
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