THANK YOU FOR SUBSCRIBING
× 
Enterprise Security Mag Weekly Brief
Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Enterprise Security Mag
Enterprise Security Magazine
Veridium
Defining Passwordless Authentication
Jason Tooley, Chief Revenue OfficerVeridiumID, the company’s proprietary passwordless authentication platform, creates trusted digital identities by binding a user’s biometrics with their mobile device for a secure experience. The platform works in conjunction with a front-end mobile SDK. “Using VeridiumID, end users can replace passwords, tokens, OTPs, or swipe cards with multiple biometrics from their mobile device,” explains Tooley. The result is much better user experience, and subsequently, companies reduce fraud at a lower total cost of ownership than other multi-factor authentication solutions. VeridiumID also breaks up biometric data and stores it between the mobile device and a server utilizing visual cryptography. As the biometric data is not stored in a single location, biometric vectors can’t be compromised or stolen. In addition, Veridium’s authentication solutions integrate with existing corporate authentication infrastructure without the need for additional hardware.
Keeping in line with this theme of enhancing security convenience, VeridiumID works across all Citrix environments, allowing employees to easily and quickly authenticate into virtual desktops and applications without passwords. VeridiumID also integrates with leading identity access management vendors including Ping, Okta, and ForgeRock.
For enhanced security, Veridium offers 4 Fingers TouchlessID, a multi-finger contactless biometric authentication system. As the name suggests, it captures all four fingerprints at once using a smartphone’s rear camera. Capturing four prints increases the complexity of the data acquired from a user, effectively making it more secure than a single thumbprint. 4 Fingers TouchlessID is significantly more reliable than facial and voice recognition as it does not fail under inadequate lighting conditions and noisy areas.
We help enterprises make authenticating identity easier and more secure by eliminating passwords
Veridium caters to various industries, with the financial sector showing strong interest since the industry is a prime target for cyber attacks. When an independent financial service group wanted to eliminate passwords and PINs for their clients, they selected Veridium’s solution due its superior performance over competitors. For the company, native biometrics such as fingerprint and facial recognition did not provide adequate security or a seamless user experience. Veridium’s 4 Fingers TouchlessID proved to be the perfect fit for the firm’s needs. With false acceptance rates of 0.01 percent and a false rejection rate of 1 percent, the firm was able to ensure that legitimate customers would not be treated as imposters.
Such successes have prompted Veridium to launch its proprietary facial recognition technology. The company is continuously working on developments in various areas, including enhancing its solutions’ integration capabilities with emerging technologies such as blockchain. As demand for enterprise security dramatically increases, Veridium is prepared to disrupt the traditional authentication model with its full suite of passwordless authentication technology.
Company
Veridium
Management
Jason Tooley, Chief Revenue Officer
Description
Veridium offers passwordless authentication solutions that help enterprises better protect critical assets and provide an improved authentication experience. VeridiumID, the company’s proprietary passwordless authentication platform creates trusted digital identities by binding a user’s biometrics with their mobile device for a secure experience. The platform works in conjunction with a front-end mobile SDK, allowing organizations to embed biometrics within a company’s app. For enhanced security, Veridium offers 4 Fingers TouchlessID, a multi-finger contactless biometric authentication system
Veridium News
Veridium Announces its Behavioral Biometrics: Veridium InMotion
Veridium, Blue Turtle Partner to Offer Leading Biometrics Security Software in Africa
Blue Turtle Technologies, SA's leading enterprise technology management company, is pleased to announce it has been appointed as an official reseller partner for Veridium, a leading developer of user-centric authentication solutions.
As a reseller partner, Blue Turtle will integrate Veridium's biometric technology into its digital transformation go-to-market offerings. Veridium's technology solutions allow organisations to embed biometrics, including face, fingerprint and 4 Fingers TouchlessID, into enterprise environments, eliminating the need for passwords and tokens. The partnership will enable customers to unlock the power of real-time customer biometric authentication and on-boarding.
"Fast, secure, reliable and low-maintenance access control has become paramount for most organisations," said Justin Arnoldi, Head of Digital Transformation at Blue Turtle Technologies. "The use of access cards, PINs, passwords and tokens is not always reliable, which is why customers are starting to look to multi-factor biometrics as an alternative to more traditional access control, in a bid to prevent fraudulent access to premises, accounts or data."
"As demand increases dramatically for better enterprise security, there is no question that organisations are looking for a more iron-clad security platform, using biometric authentication," said James Stickland, CEO, Veridium. "We're thrilled about our partnership with Blue Turtle Technologies, which will continue to help organisations in Africa increase security and productivity for all employees, without adding any friction to the experience."
The company's current product portfolio includes the VeridiumID platform that allows organisations to easily embed biometrics including face, fingerprint, 4 Fingers TouchlessID and behavioural biometrics, all within the company's Authenticator App. The company also has several pre-built business adaptors that integrate with Microsoft Active Directory and Azure, Citrix StoreFront, NetScaler, ShareFile and Cloud Services, RADIUS, SAML, OpenID and WSO2.
"Working with Veridium, we will provide customer support throughout the entire Veridium value chain, from acquisition through to implementation and support, ensuring both physical and data security along the way," said Arnoldi.
Digital transformation has become a critical element of a successful e-commerce business. Blue Turtle's mission is to help clients integrate meaningful solutions to help them engage, transact, gain insight and more accurately predict customer behaviour. The ability to remotely identify a new prospective customer via biometrics provides core "know your customer" capabilities, and having this validated by a trusted third party provides true remote on-boarding.
The benefits of Veridium s biometric authentication platform will be made available immediately to new and existing clients of Blue Turtle.
Blue Turtle can facilitate the implementation of Veridium's biometric authentication solutions. For more information, e-mail info@blueturtle.co.za.
As a reseller partner, Blue Turtle will integrate Veridium's biometric technology into its digital transformation go-to-market offerings. Veridium's technology solutions allow organisations to embed biometrics, including face, fingerprint and 4 Fingers TouchlessID, into enterprise environments, eliminating the need for passwords and tokens. The partnership will enable customers to unlock the power of real-time customer biometric authentication and on-boarding.
"Fast, secure, reliable and low-maintenance access control has become paramount for most organisations," said Justin Arnoldi, Head of Digital Transformation at Blue Turtle Technologies. "The use of access cards, PINs, passwords and tokens is not always reliable, which is why customers are starting to look to multi-factor biometrics as an alternative to more traditional access control, in a bid to prevent fraudulent access to premises, accounts or data."
"As demand increases dramatically for better enterprise security, there is no question that organisations are looking for a more iron-clad security platform, using biometric authentication," said James Stickland, CEO, Veridium. "We're thrilled about our partnership with Blue Turtle Technologies, which will continue to help organisations in Africa increase security and productivity for all employees, without adding any friction to the experience."
The company's current product portfolio includes the VeridiumID platform that allows organisations to easily embed biometrics including face, fingerprint, 4 Fingers TouchlessID and behavioural biometrics, all within the company's Authenticator App. The company also has several pre-built business adaptors that integrate with Microsoft Active Directory and Azure, Citrix StoreFront, NetScaler, ShareFile and Cloud Services, RADIUS, SAML, OpenID and WSO2.
"Working with Veridium, we will provide customer support throughout the entire Veridium value chain, from acquisition through to implementation and support, ensuring both physical and data security along the way," said Arnoldi.
Digital transformation has become a critical element of a successful e-commerce business. Blue Turtle's mission is to help clients integrate meaningful solutions to help them engage, transact, gain insight and more accurately predict customer behaviour. The ability to remotely identify a new prospective customer via biometrics provides core "know your customer" capabilities, and having this validated by a trusted third party provides true remote on-boarding.
The benefits of Veridium s biometric authentication platform will be made available immediately to new and existing clients of Blue Turtle.
Blue Turtle can facilitate the implementation of Veridium's biometric authentication solutions. For more information, e-mail info@blueturtle.co.za.
Veridium’s UBA framework identifies patterns of human behavior and applies statistical analysis to detect anomalies that could indicate potential threats. Veridium InMotion increases the reliability of all native biometrics for authentication by pairing behavioral data captured on smartphones with users’ biometrics, making it more difficult for malicious actors to spoof their fingerprints or faces to gain access to corporate accounts.
“As data breaches and insider threats increasingly plague the enterprise, businesses are in need of a strong solution that can better recognize and verify users’ identities,” said Ionut Dumitran, Veridium’s head of product development. “With user behavior analytics, a malicious actor that has someone’s phone and their fingerprints – or even similar facial features, like a twin might – will have an extremely difficult time trying to replicate their unique mannerisms. By tapping into the power of behavioral biometrics, Veridium InMotion can help businesses diminish the risk of identity as an attack vector and strengthen authentication in a way that is both transparent and frictionless for the user.”
Veridium InMotion is part of the VeridiumID platform, which captures how users interact with their smartphone. Each time a user authenticates their identity, his or her interactions are logged; after the first 10 authentications, a baseline that is specific to each user is established to compare future interactions. Suspicious movements that don’t align with previously recorded user behavior patterns are immediately reported and flagged to administrators who can evaluate the risk and potentially stop malicious activity in motion.
Key features of Veridium InMotion include:
• Motion Detection: Veridium collects information from smartphone motion sensors (the accelerometer and the gyroscope) when the user initiates biometric authentication. No personal information is stored – only motion patterns.
• Machine Learning: It requires just 10 authentications to get a baseline for most users. The model then continues to refine itself as it learns the user’s behavior.
• Confidence Scores: Once a pattern of authentication is established, Veridium will rate the authentication with a confidence score. Based on risk factors, a low confidence score can initiate step-up authentication via SMS, email or phone, among others. In high-risk scenarios, a low confidence score and multiple failed attempts could initiate the blocking of a user completely.