“In this environment, any device could contain confidential information that might be considered harmful if it were to get into the wrong hands and potentially put our country at great risk.” – Mike DePasquale, CEO, BIO-key BIO-key‘s biometric authentication solutions are now helping to secure the digital assets of employees in the legislative branch of…
The FBI made headlines this week with a Private Industry Notice warning partners in the private sector about sophisticated hacks of MFA security systems, and BIO-key is celebrating the Bureau’s recommendations regarding biometric security. The FBI’s alarm over the issue appears to stem from hacking incidents cited in the FBI’s Internet Crime Complaint Center. These…
Ping Identity is gearing up for a planned IPO, announcing that it’s offering 12,500,000 common stock shares pursuant to a prospectus filing with the Securities and Exchange Commission. The company hasn’t yet set a date for its stock market debut, but says that its shares have been approved for listing on the New York Stock…
Lloyds Banking Group is upgrading its digital security with multi-factor authentication technology from Callsign. Callsign’s behavioral biometrics platform will allow Lloyds’ 15 million customers to leverage their biometric information to log into their accounts and authorize transactions. The integration is expected to offer a more seamless and more secure end user experience for those…
LexisNexis Risk Solutions has published a new report on The State of Patient Identity Management after polling more than 100 healthcare professionals about their cybersecurity practices. Carried out in collaboration with the Information Security Media Group (ISMG), the survey revealed that many healthcare providers may be overconfident about their organization’s ability to protect their patients’…
A new report from Transparency Market Research (TMR) predicts that the Identity-as-a-Service (IDaaS) market will hit $26.2 billion by 2027, with a CAGR of 26 percent during that period. The increasing demand for authentication and document verification technology is expected to fuel much of that growth as technology allows for the creation of more secure…
“This unique MFA solution is fully customizable and easy to scale so small businesses and large corporations can equally benefit from it.” – Raul Popa, CEO, TypingDNA TypingDNA is adding an extra layer of security to its keystroke biometrics platform. The company has announced the launch of TypingDNA MFA, a multifactor authentication solution that combines…
“We are very pleased Debbie and Mark have joined our company. Their years of experience in financial services, physical access, enterprise technology, global scale and culture fit make them ideal leaders to join our mission,” – Rob Douglas, Chairman & CEO, BioConnect BioConnect is looking to further build on excitement over its multimodal biometric authentication…
OneSpan has launched a comprehensive onboarding platform designed for financial institutions. The cloud-based solution is called Secure Agreement Automation, and it automates the entire account opening process to reduce costs and improve the end-user experience. Secure Agreement Automation runs on open APIs, and unites multiple services under one software umbrella, including eSignature, workflow and end-to-end…
“Enterprises care most about protecting their most valuable assets – their people, data and IP. The physical security systems of yesterday don’t have the intelligence and security that is demanded in today’s workplace.” – Rob Douglas, CEO, BioConnect BioConnect is offering a sneak preview of planned enhancements to its biometric access control offering, with a…
In recent years, more and more financial institutions have turned to biometric technology to improve security and customer service, incorporating solutions that range from voice banking software to facial recognition scans at ATMs. However, a new report from OneSpan suggests that it will take a considerable push to make the full transition to biometric authentication…
“Our integration with ForgeRock helps bring a true biometric based trusted identity to a leading Identity and Access Management platform.” – Rob Douglas, Chairman & CEO, BioConnect BioConnect has become the latest biometric security specialist to join the ForgeRock platform. ForgeRock offers a portfolio of curated security solutions to its client network, and has proven…
OneSpan has issued its results for the fourth quarter and 2018 fiscal year, showing strong results that exceeded the upper end of its revenue guidance for the year. The Chicago-based authentication specialist saw revenues of revenues of $64.8 million in Q4, up 19 percent year-over-year. For the full 2018 fiscal year, OneSpan reports revenues of…
“The aim is to develop a highly sophisticated authentication system that can passively identify a user without relying on any single modality.” The US military is making progress in its effort to develop a ‘patterns of life’ authentication system to replace the Common Access Cards traditionally used by personnel. According to a new FCW report,…
In its latest report on The State of Enterprise IT Infrastructure and Security, Ping Identity teamed with MarketCube to survey more than 300 IT professionals. They found that most large companies are wary of cloud and SaaS infrastructure, with many citing security concerns in a year with many high-profile data breaches. As a result, most…
“Because our patented method involves interactions with first inputs, we have also developed a highly enabling solution for interactions with augmented and virtual reality objects to provide access to immersive private environments.” – Mike Hill, CEO, SensiPass SensiPass, a Dublin-based firm, has announced a new authentication system based on mobile biometrics. The company already offers…
“Credential phishing is an Achilles heel for many organizations because most phishing links are hosted on compromised, legitimate websites with good reputations. Clever attackers even wait until after an email has passed through the gateway and into a user’s inbox before changing the content of the site to a page designed to steal usernames and…
Earlier this month, the company behind Timehop, a social media ‘time capsule’ app that shows users their older posts, revealed that it had suffered a data breach affecting 21 million users. And while the attack was not particularly exceptional as far as data breaches go, it nevertheless offers some food for thought, as FIDO Alliance…