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Share Name | Share Symbol | Market | Type |
---|---|---|---|
authID Inc | NASDAQ:AUID | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.505 | -6.29% | 7.52 | 7.00 | 12.31 | 8.2599 | 7.2801 | 8.11 | 33,163 | 01:00:00 |
Legacy multi-factor authentication (MFA) falls short in protecting against today’s sophisticated social engineering attacks. More than 82% of data breaches exploit a human element, such as phishing attacks and credential compromise, in which cybercriminals rely on passwords and human error to be successful – costing companies globally an average of $4.4 million per data breach. Verified HFA closes security gaps for enterprise workforce and consumer applications by combining passwordless authentication with biometric certainty to shut down access, privileges, and lateral movement for unauthorized users.
“Because the world is still largely dependent on passwords and compromise-prone legacy MFA, cyberattacks that exploit human behavior and wreak havoc for organizations are all too common in 2022,” said Tom Thimot, CEO of authID. “With the release of Verified 3.0, authID has pioneered HFA, a human-centric authentication solution, which addresses cyber risks that exploit human error. HFA helps businesses disarm hackers and gate critical resources, while improving workforce productivity and reducing friction for consumers.”
With Verified 3.0, organizations now have access to a single platform that eliminates the risks and hassles of using passwords, while protecting valued systems and corporate assets with strong identity assurance. Whenever the enterprise needs to authorize user access to sensitive applications, perform a high-risk activity, or to add or recover a new device, Verified seamlessly elevates authentication, with a quick selfie captured in seconds in any browser, to verify the human behind the device.
“Accessibility and ease-of-use are core components of our mission to deliver best-in-class cloud authentication solutions to enterprises globally,” said Jeremiah Mason, authID’s SVP of Product. “With Human Factor Authentication powered by Verified 3.0, we can help any organization build zero trust architecture that best serves their workforce and customers, bound with a biometric chain of trust.”
Verified 3.0 incorporates feature sets demanded by our customers for adaptive authentication, that balances speed and ease of use with enhanced security. Through enhanced support for the OpenID Connect (OIDC) authentication protocol, Verified 3.0 makes the move to zero trust easier, offering our customers streamlined access to the ecosystem of Identity Access Management (IAM), Privileged Access Management (PAM), and Endpoint Detection and Response (EDR) providers.
Enhanced User Experience Features of Verified 3.0 include:
Enhanced Customer Implementation Experiences of Verified 3.0 include:
To learn more about Human Factor Authentication or for a demo of Verified 3.0, visit authid.ai. To view our Verified 3.0 video, click here.
About authIDAt authID (Nasdaq: AUID), We Are Digital Identity®. authID provides secure identity authentication through VerifiedTM, an easy-to-integrate Human Factor Authentication™ (HFA) platform. Human Factor Authentication combines strong FIDO2 passwordless device authentication with cloud biometrics to authenticate the human behind the device. Powered by sophisticated biometric and artificial intelligence technologies, authID eliminates passwords to fortify enterprise security and trust between organizations, employees, and customers. For more information, go to www.authid.ai.
Media Contact Aileen McNelisNextTech Communicationsamcnelis@nexttechcomms.com
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