The FIDO Alliance received considerable praise during last week’s House hearing on Identity in Financial Services. Speaking before the US House of Representatives Committee on Financial Services on behalf of the Better Identity Coalition, Venable LLP’s Jeremy Grant identified three main challenges facing modern financial institutions, and argued that FIDO standards offer potential solutions to…
NuData Security’s Senior Vice President and Chief Technology Officer is taking over as the company’s new CEO. Christopher Bailey will be replacing company co-founder Michel Giasson, who is retiring after 12 years of service as the former CEO. Though the assignment is technically a promotion, Bailey co-founded NuData alongside Giasson in 2007 and is extremely…
“BioTect-ID can be used to lock down any Windows device, and represents an expansion of BSI’s existing BioSig-ID identity verification solution.” Biometric Signature ID (BSI) has announced the launch of BioTect-ID, a new identity verification solution that combines a 4-character password with gesture recognition. The platform asks users to draw their password with a finger,…
Yubico has appointed two new executives to its team and has a new member on its advisory board, the company has announced. Jeff Kukowski is Yubico’s new Chief Revenue Officer. He comes to the company from SecureAuth, which he helmed as CEO and Board Director from 2015 to 2018. Bill Rule, meanwhile, joins Yubico as…
The FIDO Alliance has continued to gain traction in 2019, and is increasingly becoming the security standard that tech manufacturers are expected to meet before competing in the modern marketplace. At least, that’s the takeaway from the list of companies that achieved some form of FIDO certification in the first quarter of the year. The…
HID Global has announced the launch of a new cloud-based identity and access management (IAM) platform. Dubbed the HID Authentication Service, the platform is intended as a comprehensive security solution that will make it easier for other organizations to comply with new regulatory standards like GDPR, PSD2, and the California Privacy Act. The Authentication Service…
Kony has formed a partnership with Okta to simplify the identity management process for new and existing Kony customers. Under the terms of the agreement, Kony will be integrating Okta’s security products into its Kony Quantum low code development platform, as well as its Kony DBX digital banking suite. For Kony Quantum users, the highlight…
Asigra is enhancing its cloud backup platform with password-free authentication from Secret Double Octopus. The new partnership will increase the security of Asigra’s Cloud Backup Evolved and is intended to mitigate the threat posed by ransomware attacks. “In today’s hostile cyber environment, keeping client data secure in the cloud has to be top priority,”…
Last week, our sibling site FindBiometrics published part one of an extensive interview with Frances Zelazny, Chief Strategy & Marketing Officer, BioCatch. That first half of her conversation with Peter Counter, Managing Editor of FindBiometrics and Mobile ID World, dealt with how behavioral biometrics can thwart sophisticated vishing fraud attacks, the behavioral insights market, and…
“The KNOW panel will be the latest high-profile speaking slot for Veratad’s CEO after his participation in FindBiometrics’ recent webinar, ‘The Identity Revolution Comes to Healthcare.’” Veratad is aiming to steal a bit of the spotlight at this year’s KNOW identity and data conference, with CEO John E. Ahrens slated to speak on an expert…
“From all of this great news, the key takeaway is that the time to deploy FIDO is now.” – Andrew Shikiar, Chief Marketing Officer, FIDO Alliance The FIDO Alliance has a lot to celebrate lately, including winning SC Media’s 2019 Editor’s Choice Award at RSAC 2019 this month. Acknowledging the win in a post on…
“BioCatch’s approach here is notable for not needing to rely on specialized hardware, making it another one of the many behavioral metrics – the company says it uses 2,000 of them – that can be analyzed by BioCatch’s technology via a software-based approach.” BioCatch has further solidified its IP holdings with a newly granted patent,…
“The increase in strong authentication adoption makes sense given that while data breaches, phishing threats and regulatory pressures have risen, the financial and user experience costs associated with implementing strong authentication have decreased.” – Al Pascual, SVP and Research Director, Javelin Strategy & Research Finally, some good news about the current state of digital security:…
“In addition to procuring FIDO2 certification for its S3 Authentication Suite platform, Nok Nok Labs has also announced a new S3 Authentication SDK aimed at empowering developers to design custom server infrastructure.” The latest version of Nok Nok Labs‘ flagship authentication platform has received FIDO2 certification, making it the first FIDO universal server certified for…
“…the GAO’s report highlights authentication solutions based on FIDO standards for their capacity to offer ‘a convenient, added layer of security when used as a second factor for accessing websites or systems that would otherwise rely on a username and password for single-factor authentication.’” The FIDO Alliance has a high-profile new supporter in the government…
Mastercard is anticipating a big jump in biometrically authenticated payments thanks to new regulations in the European Union. The PSD2 regulation has already officially been implemented in the EU, but its requirements for Strong Customer Authentication won’t come into play until this September. When they do, online payments and account access will require two of…
“It’s an important component of Acuant’s AssureID solution, which combines document reading with facial recognition to verify that a piece of ID does indeed pertain to an end user.” Acuant has further extended its IP portfolio with the awarding of a new patent for its identity document processing technology. Entitled “System and methods for remote…
The FIDO2 authentication standards were only announced a couple of months ago, but Fingerprint Cards has leapt at the opportunity to explore new applications of its fingerprint sensor technology in the form of FIDO-compliant USB sticks. The key new offering is a set of USB security devices from Feitian. Called BioPass FIDO2, the security keys…
Continuing in its recent streak of announcing high profile new members, the FIDO Alliance today welcomed its two first government members: NIST from the United States and the United Kingdom Office of the Cabinet. The new members are the first to join under the Government Class membership, which was introduced simultaneously. According to FIDO, the…
