BT has announced the launch of a new authentication service that it claims will enable businesses providing ‘high risk online services' to combat fraud and protect user identities.

Called BT Managed Authentication, the company said that it will further bolster its managed security solutions portfolio and is aimed at organisations that attract large numbers of users to access a specific application, such as internet banking.

According to the company, BT Managed Authentication is delivered as a service and the service is scalable, easy to use, can be rapidly deployed and can be updated to support future plans.

Jeffrey Schmidt, executive global head of business continuity, security and governance at BT Global Services, said: “Businesses and end-users are facing increasing attacks against online services and the need for better security is vital. Whether it is protection from fraudsters or simply wanting to reassure consumers that their money or data is secure, many organisations are moving away from username and password towards stronger methods of authentication.

“Our new managed authentication service offers this level of protection but also removes complexity, cost and time constraints from a critical deployment.”