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Older, hardware-based authentication products such as tokens are not cost-effective, have usability limitations and they are subject to a number of drawbacks that can jeopardize the security of information. By leveraging more modern software-based authentication solutions, companies can provide superior authentication and security, and an improved user experience, at a greatly reduced total cost of ownership. Companies no longer have to deal with the expense of outdated tokens and token administration. As more users conduct business and access data from remote locations, the need for reliable and secure application access is essential. Software-based authentication solutions can provide the reliability and security that organizations need. IT and security executives need to explore the available alternatives for authentication in order to best protect their organizations and their information assets. About the Author Chris Cardell, Chief Executive Officer of SyferLock Technology Corporation — Chris Cardell is the Chief Executive Officer of SyferLock Technology Corporation. SyferLock provides and innovative software-based alternative to hard tokens, smart cards and other authentication solutions. SyferLock delivers two-factor and multi-factor authentication utilizing patented software-based grids to convert static passwords/PINs into token-less one-time passwords/PINs (OTPs). Chris can be reached at [email protected] and at our company website at http://www.syferlock.com . " # % " $ " # ! !