Are 2.5 Billion Passwords Now at Risk? Hack of Password Manager Highlights Password Security Risks
By Grace de Fries, SVP Marketing, authID. In August, LastPass, one of the largest password managers with 25 million users, confirmed that it had been hacked. Since researchers have found that the average person has over 100 passwords, this means that potentially more than 2.5 billion passwords could be at risk with the
Addressing the Human Element of Security Breaches
By Tripp Smith, President & CTO, authID. Social engineering attacks exploiting legacy Multi-Factor Authentication (MFA) technology have been successful in compromising Twilio, Cisco, Intuit, and other enterprises, this summer. Even as CISOs and IAM Architects supplement passwords with MFA, hackers are finding new w
Executive Spotlight: Annie Pham, authID Chief Financial Officer
Senior finance leader Annie Pham recently joined authID as Chief Financial Officer. She brings more than 20 years of financial expertise to our team, including experience in a key finance leadership role at a Fortune 500 company and across the technology industry, where she scaled teams and built the infrastructure to
Introducing Verified 2.11.0 – Enabling Dynamic Enrollment for Customers
Recognizing that a portion of our customers’ users may not be willing to or may not be able to utilize our Verified Selfie™ functionality, authID recently released a new enhancement to our biometric authentication solution, Verified – “Dynamic Enrollment.” What is Dynamic Enrollment? This essential capability
Ethical Biometrics High Road Should Be Easy, Yet Many Identity Service Providers Struggle
By Tripp Smith, President & CTO, authID Artificial intelligence and biometric authentication (Biometric AI) when combined create a powerful tool for establishing and protecting identity, and biometric data, analyzed and processed using AI, holds great promise for creating a more secure digital ecosystem. In contras
Facial Biometrics: Protecting America’s Infrastructure from Cyberattack
By Tom Thimot, CEO, authID Between economic sanctions imposed on Russia and White House demands on the private sector to harden cyber defenses, the American cybersecurity ecosystem has reached a boiling point. Following a 2021 executive order to improve national security, the White House Office of Management and Budget
Peeling the Apple on Passkeys: Progress with Some Shortcomings
By Jeremiah Mason, SVP, Product, authID Apple announced at its Worldwide Developer Conference this week that it will launch passwordless logins across its products this fall, dubbed by WIRED as “the first major real-world shift to password elimination.” And while Apple’s rollout of passkeys is a huge step in the
Hamilton Reserve Bank and Verified by authID Recognized by Fintech Futures for Fraud Protection Technology
The value of our Verified biometric authentication platform was on prominent display in Fintech Futures Banking Tech recent award to Hamilton Reserve Bank (HRB) for “Best Use of Risk, Compliance & Fraud Protection Technology”. The authID Verified platform competed in a highly competitive category and out-perfor
Cloud-Biometric Authentication Fortifies FIDO’s Multi-Device Credentials
By Jeremiah Mason, SVP, Product, authID.ai On May 5, World Password Day, the FIDO Alliance and three tech giants – Microsoft, Apple and Google – announced plans to expand their support for a common passwordless sign-in standard created by the FIDO Alliance and the World Wide Web Consortium. FIDO is the acronym for
We Are Digital Identity – Why Identity Management Day Matters to All of Us
– Tom Thimot, CEO authID Over the past two years, businesses of all sizes across many industries have experienced the demand for rapid digital transformation. At the same time, our collective increased reliance on digital networks created an open season for cybercriminal opportunists to breach corporate accounts
Data Breaches Strike Through Third-Party Compromise (passwords are to blame, again)
-Brittney Liburd, Senior Manager, Product Marketing In our May 30, 2021 blog, Why Organizations Need to Eliminate Passwords – Once and For All, we talked about how passwords have become a gateway to security risks. A few successful cyber breaches stand out on this front. In early 2020, hackers infiltrated the file s
authID CEO Tom Thimot Discusses The Company’s Close of its $22.5 Million Financing Round
authID.ai (Nasdaq:AUID) CEO Tom Thimot talks to Proactive Investors about the Company’s recent closing of a $22.5 million financing round. The round was completed with the participation of new investors, as well as existing investors who increased their interest, including Jamie Dinan of York Capital, Stephen Gar
