Business
BIO-key’s Cloud-Hosted PortalGuard® Identity-as-a-Service Platform Named “Identity Management Solution of the Year” by Research Firm RemoteTech Breakthrough
WALL, N.J., June 23, 2022 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of Identity and Access Management (IAM) and

About this update from Bio-key International, Inc.
[{"type":"text","content":"WALL, N.J., June 23, 2022 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of Identity and Access Management (IAM) and Identity-Bound Biometric (IBB) solutions, today announced its PortalGuard® Identity-as-a-Service (IDaaS) platform has won the “Identity Management Solution of the Year” award in the 2022 RemoteTech Breakthrough Awards conducted by RemoteTech Breakthrough, for the second consecutive year. This acknowledgement adds to a growing list of industry awards the platform has earned. RemoteTech Breakthrough is a leading independent market intelligence organization that evaluates and recognizes standout technology companies, products, and services empowering remote work and distributed teams around the globe. The mission of the annual RemoteTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the top technology companies, solutions, and products in the remote technology industry today. This year’s program attracted more than 1,700 nominations from over 15 different countries.In the wake of the pandemic, many organizations plan to maintain a fully remote or hybrid work environment, however they struggle to secure remote access and know exactly who is gaining access to their systems, applications, and data. “Many of the multi-factor authentication (MFA) methods organizations are using to authenticate remote employees, suppliers, and customers are based on something the user knows, such as a password, or something the user has, such as their phone. These approaches leave the door wide open for common authentication hacks where credentials are shared, stolen, forgotten, or lost,” said Bryan Vaughn, Managing Director of RemoteTech Breakthrough Awards. “We selected PortalGuard as ‘Identity Management Solution of the Year’ for how easily it helps customers secure access for both the workforce and customers while also giving organizations peace of mind that they know who is gaining access regardless of their location.” When securing remote access for employees, supply chain, and customers, positively identifying the individual with certainty during the authentication process is essential. BIO-key PortalGuard IDaaS provides a hosted, unified IAM platform that offers the widest range of options for single sign-on, self-service password reset...