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BIO-Key Responds to the Cry for Secure Authentication with New Passwordless Options at the 2024 Gartner® Identity & Access Management Summit: North America
BIO-key mentioned in two Gartner reports for passwordless and biometric authentication HOLMDEL, N.J., Dec. 09, 2024 (GLOBE NEWSWIRE) -- BIO-key®
About this update from Bio-key International, Inc.
[{"type":"text","content":"BIO-key mentioned in two Gartner reports for passwordless and biometric authentication\nHOLMDEL, N.J., Dec. 09, 2024 (GLOBE NEWSWIRE) -- BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer identity and access management (IAM) solutions for phoneless, tokenless, passwordless, and phishing-resistant authentication experiences, today announced that it was proud to be recognized in two Gartner reports in the past twelve months. Both reports emphasize the importance of adopting passwordless authentication to mitigate security risks. To support organizations in their journey to passwordless, BIO-key has introduced additional options with its MobileAuth™ offering, demonstrating its commitment to secure and user-friendly authentication solutions. BIO-key’s MobileAuth biometric options include PalmPositive™ and FacePositive™, which protect users from identity fraud and unauthorized access. Once biometrics are registered, only the authorized user can authenticate, significantly reducing the risk of fraud. Unlike Apple Touch ID or Face ID, which allow multiple users to register on a device, MobileAuth restricts access to a single authorized user for apps managed by the PortalGuard IDaaS solution. This ensures that no other users, “SIM-swappers,” or hackers with phished credentials can gain access—only the intended user can authenticate. BIO-key also supports push-token and on-device biometrics for those users where convenience is more important than security. “This flexibility yet availability of more secure options facilitates the adoption of more secure access procedures by BIO-key’s customers,” says Galen Rodgers, VP of Sales and Channel at BIO-key. “Every day, I talk to organizations conflicted about making the right security decisions due to pressure to drive productivity. But it is possible to deliver both productivity and security with a flexible platform like BIO-key’s PortalGuard with MobileAuth.” As stated by Gartner, “IAM-focused security and risk management leaders should choose biometric methods where the benefits outweigh the risks and mitigation effort.” BIO-key is recognized as a Representative Vendor for fingerprint biometrics category in the 2023 Gartner Innovation Insight for Biometric Authentication report.1 Gartner recommends that, “As an IAM architect responsible for implement...