Duo Security raises $5M to keep online account hackers at bay
Duo Security, an authentication-as-a-service company that uses your phone for two-step logins, announced today it has raised $5 million in its second round of funding.
Duo Security uses your phone as a second line of defense to keep your accounts from being hacked. Why might you want that kind of protection? For starters, some online accounts are so important you want to make doubly sure that you are the only person accessing them. A strong password is a good line of defense, but attacks from Anonymous and other hackers have made it clear that your passwords aren’t always safe.
Duo Security uses passcodes, sent to your smartphone, feature phone, or even a landline, to add an extra layer of security. When you go to log in into a Duo Security supported account, you enter your credentials plus a Duo Security passcode. For iOS, Android, and BlackBerry devices, Duo Security has a free app called Duo Push. The app sends a login request to your phone with your account details, and by tapping the accept button, you can log in to your account.
