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PRESS RELEASE: The European Patent Office has granted SSH Communications Security Corporation a further patent for PrivX technology

(2) The European Patent Office has granted SSH Communications Security Corporation a further patent for PrivX technology Helsinki, Finland - January 20, 2021 - The European Patent Office (EPO) has granted SSH patent number EP 3495976 on the use of virtual smart cards in temporary certificate-based passwordless access such as the SSH PrivX technology. Passwords are a hassle to use, and they present significant security risks for users and organizations of all sizes, with an average of one in every 250 corporate accounts compromised each month. The World Economic Forum (WEF) estimates that cybercrime costs the global economy $2.9 million every minute, with roughly 80 percent of those attacks directed at passwords. Furthermore, password management is very costly: according to the analyst firm Gartner, up to 20 to 50 percent of all help desk calls are for password resets.

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