Company Joins Industry Leaders to Create a More Secure Digital Presence for Consumers
Fairfax, VA and Mountain View, CA – March 6, 2014 – The FIDO (Fast IDentity Online) Alliance (www.fidoalliance.org), an industry consortium revolutionizing online authentication with the first standards-based specifications, today announced that IdentityX, a global leader in mobile biometric authentication technology and Daon affiliate, has joined as a board member to help create a more secure digital presence for consumers.
FIDO members commit to share technology and collaborate to deliver open specifications for universal strong authentication that enables FIDO-compliant authentication methods to be interoperable, more secure and private, and easier to use. IdentityX will work with the Alliance to create simpler, stronger authentication solutions and reduce online fraud and safeguard personal data, transactions and identities. Since its founding in 2010, IdentityX has pioneered methods for securely and conveniently combining multiple identity factors (including biometrics, device authentication, PIN, and location), empowering users to choose the factor or combination of factors that best meets their situational needs and preferences.
“By becoming a board member of the Alliance, IdentityX is provided with the opportunity to collaborate with industry leaders to reach a common goal—more secure, more convenient and more flexible authentication solutions,” said IdentityX President Conor White. “Biometrics and multi-factor security play key roles in developing protocol standards, and we are eager to contribute our deep expertise in these areas to the Alliance.”
Publicly launched in February 2013, the FIDO Alliance was formed to address the lack of interoperability among strong authentication devices as well as the problems users face with creating and remembering multiple usernames and passwords. Earlier this month, the FIDO Alliance publicly released review draft specifications for strong authentication. Clients, patrons, partners, constituents and employees, who access sites and services want and need easy-to-use, more secure, and private authentication. Without it, both networks and individuals continue to be exposed to fraud and gross breaches of security and privacy. The prevailing lack of strong authentication is a critical problem that can only be solved through broad industry consensus and a standards-based approach.
“It is an exciting time to be joining the FIDO Alliance, just as we published the first review draft of our technology specifications,” said Michael Barrett, president of the FIDO Alliance. “IdentityX is a known leader in the biometrics and multi-factor security space, and we greatly look forward to their contributions to the Alliance. As they join the leadership of the Alliance, we look forward to working with them to provide guidance on authentication best practices for enterprises.”
IdentityX Inc. is a leader in mobile biometric authentication technology and Daon affiliate. Since 2010, IdentityX has pioneered methods for securely and conveniently fusing multiple identity factors (including biometrics, device authentication, PIN, and location), empowering users to choose the factor or combination of factors that best meets their situational needs and preferences. A demonstration of award-winning IdentityX technology can be found at www.identityx.com.
About The FIDO Alliance
The FIDO (Fast IDentity Online) Alliance, www.fidoalliance.org, was launched in February 2013 to address the lack of interoperability among strong authentication technologies, and remedy the problems users face with creating and remembering multiple usernames and passwords. The Alliance plans to change the nature of authentication by developing standards-based specificationsfor simpler, stronger authentication that define an open, scalable, interoperable set of mechanisms that reduce reliance on passwords. FIDO authentication is stronger, private, and easier to use when authenticating to online services.
The FIDO Alliance Board of Directors includes leading global organizations: Bank of America (NYSE:BAC); Blackberry®; CrucialTec (KRX: 114120); Discover Financial Services (NYSE: DFS); Google; IdentityX; Lenovo; MasterCard (NYSE: MA); Microsoft (Nasdaq “MSFT”); Nok Nok Labs, Inc.; NXP Semiconductors N.V. (NASDAQ:NXPI); Oberthur Technologies OT;
PayPal (NASDAQ:EBAY); RSA®; Synaptics (NASDAQ: SYNA); Yubico.
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