Entrust, Inc., a world leader in securing digital identities and information, today announced that it has filed a patent infringement lawsuit against Addison Avenue Federal Credit Union on the grounds that the credit union has deployed an authentication solution for its customers which Entrust considers an infringement on its grid authentication patent. Entrust, Inc. holds a patent on this technology, and the credit union has deployed this technology without license from Entrust. While Addison Avenue's actions reinforce the value of grid authentication for protecting consumers from identity fraud, Entrust has a significant investment in the acquisition and commercialization of this technology and must protect its intellectual property rights. Grid authentication has seen rapid success as an innovative and cost-effective method for protecting the identities of consumers and employees.

Posted by GEN-ERIC at 02:18:34 am into the following categories: In The News

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