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What are the advantages of Mobile Phone based Software Tokens?

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What are the advantages of Mobile Phone based Software Tokens?

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• Accessibility: Users always have their phones with them. There is no additional wallet filler card or physical token to carry. Additionally, theft or loss of a mobile devices is very quickly noticed. • Delivery: Users carry their phones all the time and delivery costs to the end user are negligible. • Total Cost of Ownership: Hardware tokens exhibit a high TCO (Total Cost of Ownership) often running into more than five times the actual hardware cost over 5 years, including the maintenance, replacement and logistical delivery headaches. • Updatability: Soft tokens, by their very nature are adaptable and can be easily updated against new security threats. Hardware tokens cannot be updated in this manner.

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