ImageWare Systems, Inc. (OTCQB: IWSY), a leader in biometric identification and authentication, is pleased to announce the release of ImageWare Authenticate, a software solution that enables customers to seamlessly integrate biometric multifactor authentication (MFA) into existing business and consumer applications.
ImageWare Authenticate delivers key authentication benefits for customers to leverage today:
- Multimodal biometric scanning from mobile device (no special equipment needed)
- Biometric matching in the Cloud, enabling biometric authentication across multiple devices
- Seamless integration into existing applications through OIDC and SAML
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More than 80% of all cybersecurity breaches leveraged passwords, as reported in the Verizon 2020 Data Breach Report. An immense $945B (over one percent of global GDP) is lost to cybercrime each year, as reported by the Center for Strategic and International Studies. As a result, the FBI recommends, “More complex forms of multi-factor authentication such as biometrics or behavioral authentication methods.” ImageWare Authenticate delivers exactly that – a move from unsecure password protection to multifactor authentication using multimodal biometrics with Cloud-based matching to ensure seamless use across all of one’s devices.
Using biometrics to authenticate someone’s identity remains one of the safest and easiest validation methods. The unique qualities of a person’s face, fingerprint, palmprint, voice, or iris make biometric authentication the most accurate method for end user assurance. Fusing multiple biometrics gives users an even higher rate of accuracy. Most phones have a built-in camera and microphone to capture users’ biometrics, ensuring that no additional equipment is necessary. ImageWare Authenticate provides users with the security, safety and ease of use.
“ImageWare has a history of developing innovative solutions to emerging threats. With the 300% increase in cybercrime since the beginning of the COVID-19 pandemic in addition to the significant movement of employees to remote work, ImageWare moved quickly to meet the demand for easy verification and authentication of users to secure confidential, personal and company information with biometrics,” said Kristin A. Taylor, Chairperson, President, and CEO of ImageWare. “Companies must authenticate consumers for services ranging from mobile banking and money transfers to downloading or accessing high value assets from health records, bank statements and insurance documents all the way to Big Game Bowl or concert tickets. With the launch of ImageWare Authenticate, we will help organizations better secure their applications and data while ensuring a low-friction end-user experience by enabling users to scan biometrics with an easy-to-use mobile app on their iOS or Android device.”
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Landmark Credit Union in Wisconsin and Catlin Bank in Illinois both leverage biometrics with ImageWare Authenticate to verify employee identities into critical business applications.
“There’s no doubt that common, non-biometric two-factor authentication (2FA) is weak; we know that this is a common attack vector which leads to costly breaches,” said Jeff Fauver, President-CEO of Catlin Bank. “The ImageWare Authenticate solution provides the flexibility we need to protect application and network access. Today’s environment is forcing us to deal with remote access, and we’re happy to be working with a leader like ImageWare to secure our network perimeter.”
“A challenge for our banking customers is ensuring the right person is accessing the right data; nobody should have to worry about scammers or cybercriminals stealing their money or personal financial data. With ImageWare’s multifactor authentication solution, we’re improving customer confidence in our security systems,” said Jerry Jacobs, Information Systems Manager of Landmark Credit Union. “Not only are our customers’ minds at ease, but our management has realized significantly lower security risk, higher customer satisfaction, and a more robust business as a result. ImageWare is undoubtedly a leader in the biometric authentication realm; I am glad we are working closely with them – the livelihood of our business depends on it.”
Previously named GoVerifyID, ImageWare Authenticate, is being re-released with significant updates to the product functionality such as a Cloud backend with REST interface, self-service portal for managing users and application connectors seamless integration through OIDC and SAML, and auto-provisioning upon trial or product purchase.
Read more about ImageWare Authenticate here and register for a free trial where we will prove how we deliver “Identity Assurance Made Simple.”