SAN FRANCISCO, Sept. 8, 2017 /PRNewswire/ -- Today, mobile users are faced with the challenge of managing dozens of difficult-to-remember passwords for many applications. Even with the best user practices, hackers can social engineer passwords from users, leaving consumers and enterprises vulnerable to identity theft, bank fraud, fraudulent purchases and data theft.
To help tackle this issue, AT&T, Sprint, T-Mobile and Verizon are joining forces and resources through the creation of the Mobile Authentication Taskforce. The mission of this taskforce is to develop a mobile authentication solution for enterprises and customers in 2018.
With the four largest U.S. mobile network operators onboard, the Mobile Authentication Taskforce possesses significant capabilities and insights to address this issue, such as network-based device authentication, geo-location and SIM card recognition.
"At a time when online and digital services are commonplace, security and authentication are issues that affect us all," said Alex Sinclair, Chief Technology Officer, GSMA. "Through strong collaboration, the taskforce announced today has the potential to create impactful benefits for U.S. customers by helping to decrease fraud and identity theft, and increase trust in online transactions. Further, we will be working closely with the taskforce to ensure this solution is aligned and interoperable with solutions deployed by operators."
Each company will contribute the resources needed to develop an advanced, mobile authentication solution that will help reduce mobile identity risks by analyzing data and activity patterns on a mobile network to predict, with a high degree of certainty, whether the user is who they say they are.
By taking an open approach to the solution, the taskforce aims to work with the app developer community, industry organizations and third parties to make this vision a reality. Providing customers with an effortless, safe experience is in the best interest of the public and the industry.
AT&T Inc. (NYSE: T) helps millions around the globe connect with leading entertainment, business, mobile and high speed internet services. We offer the nation's best data network** and the best global coverage of any U.S. wireless provider. We're one of the world's largest providers of pay TV. We have TV customers in the U.S. and 11 Latin American countries. Nearly 3.5 million companies, from small to large businesses around the globe, turn to AT&T for our highly secure smart solutions.
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**Claim based on the Nielsen Certified Data Network Score. Score includes data reported by wireless consumers in the Nielsen Mobile Insights survey, network measurements from Nielsen Mobile Performance and Nielsen Drive Test Benchmarks for Q1 + Q2 2017 across 121 markets.
Sprint (NYSE: S) is a communications services company that creates more and better ways to connect its customers to the things they care about most. Sprint served 53.7 million connections as of June 30, 2017 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; leading no-contract brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. Sprint has been named to the Dow Jones Sustainability Index (DJSI) North America for the past five years. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.
As America's Un-carrier, T-Mobile US, Inc. (NASDAQ: TMUS) is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to more than 69.6 million customers who are unwilling to compromise on quality and value. Based in Bellevue, Washington, T-Mobile US provides services through its subsidiaries and operates its flagship brands, T-Mobile and MetroPCS. For more information, please visit http://www.t-mobile.com.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, has a diverse workforce of 163,400 and generated nearly $126 billion in 2016 revenues. Verizon operates America's most reliable wireless network and the nation's premier all-fiber network, and delivers integrated solutions to businesses worldwide. Its Oath subsidiary houses more than 50 media and technology brands that engage about 1 billion people around the world.
SOURCE AT&T Inc.