Archive for March, 2011
Playback of the Tuesday, April 5th 2011 LIVE webinar with a Q&A session on the topic of what it's costing organizations to not have a strong password securing their enterprise. Our Panel of Experts will Discuss the Following Topics: Cost of a breach: from incident to organization. Our team of experts will talk about trends in the industry from a newly released study showing the cost of a data breach increasing 5% to $214 per record, to the average cost per organization increasing 7% in 2010, why these breaches are growing in number and what damage are they causing What are enterprises and individuals using for securing their data and devices? We will review passwords, pins, tokens, biometrics, two and multi-factor authentication and how effective they are including third party testing results Changing regulations in the industry: Our experts will talk about the changing security requirements to reduce risk ...
The North Texas RCIC (NTXRCIC) will be holding a ceremony to honor the award given to Biometric Signature ID from the TETF (Texas Emerging Technology Fund) on Friday, April 1, 2011 beginning at 11:00 a.m. Biometric Signature is the 39th North Texas ETF company to receive funding from the state’s $200M fund. To welcome Biometric Signature to the North Texas region, guests are invited to join in the ceremony to be held at the Biometric Signature offices, 708 Valley Ridge Circle, #8, Lewisville, TX 75057. Light refreshments and lunch will be served.
BSI Recommends all Multi-Factor Authentication include “Gesture” Biometrics to Prevent Data Breaches to Existing Secure Systems for Highest Cyber Security
Biometric Signature ID believes that the next level in preventing data breaches to secure systems begins with the individual and that organizations need to add a “gesture biometric” to the “multi-factor” authentication process which focuses on “who” the person is while making sure they are authorized to use that password or token to gain access. Biometric Signature ID, Inc. (BSI) announced today it is recommending that all organizations incorporate multi-factor authentication using “gesture” biometrics to obtain the level of security needed to stop unauthorized access to their systems and devices. Passwords, pins, and tokens can be easily compromised and need to be combined with a “gesture” biometric that is unique to the individual, is always with the user and cannot be lost or stolen. Recent breaches in the healthcare, government, banking, and Internet communities prove this as a necessary requirement including the breach last week at RSA where information about RSA's ...
Biometric Signature ID Scores an Outstanding 99.97% Accuracy against Identity Fraud from the Tolly Group
Biometric Signature ID’s BioSig-ID™ signature gesture biometric technology for identity authentication received a proof-of-performance validation from the Tolly Group’s independent testing lab receiving a 99.97% rating of accuracy in identifying imposters. Incorporating “Gesture Biometrics” as part of a fixed or mobile “defense-in-depth” protocol reduces risk of unauthorized access and assures accountability and compliance with corporate policies, regulations, and cyber laws. Biometric Signature ID, Inc. (BSI) announced today that the patented BioSig-ID™ signature gesture biometric technology for identity authentication received an outstanding 99.97% accuracy in identifying and stopping imposters from a successful log in from The Tolly Group, an independent third party IT testing company. Additionally, the BioSig-ID software was able to identify legitimate users and permit access at an extremely high rate of 99.78%. Combining these results with a 99% positive user experience rating validates BSI as the newest solution available today for identity fraud reduction. BSI is the only software ...
Biometric Signature ID was awarded a $550,000 investment for the commercialization of their patented identity management products as part of the TETF program developed by the State of Texas for emerging technologies. 03.08.2011– Biometric Signature ID, Inc. (BSI) announced today that the patented BioSig-ID identity management solution has been selected by the State of Texas Emerging Technology Fund (TETF) to receive a TETF Commercialization Award. BSI is the only software company with patented signature gesture biometric technology in the $12.6B Identity and Access Management (IAM) authentication market. [caption id="attachment_859" align="alignleft" width="240" caption="Governor of Texas, Rick Perry"][/caption] The TETF Commercialization Award recognizes groundbreaking solutions and funds early-stage investments in new, technology-based, private entrepreneurial entities to help accelerate time-to-market, stimulate economic growth through the creation of new jobs, and attract more cutting-edge companies to the State ...
As reported by the Biometric Online News Magazine, Thirdfactor, Biometric Signature ID, a developer of signature gesture biometric technology, is one of three Texas companies has been awarded a piece of the $6.35 million investment from the Texas Emerging Technology Fund (TETF), according to a Gov Monitor article. The TETF is a $200 million initiative created by the Texas Legislature in 2005 at the governor’s request, and reauthorized in 2007 and again in 2009. A 17-member advisory committee of high-tech leaders, entrepreneurs and research experts reviews potential projects and recommends funding allocations to the governor, lieutenant governor and speaker of the House. To date, the TETF has allocated more than $193.7 million in funds to 131 early stage companies, and nearly $173 million in grant matching and research superiority funds to Texas universities. For more information on the TETF, please visit http://www.emergingtechfund.com.
BioSig-ID™ can help your organization achieve 99.97% accuracy in identifying and stopping imposters from a successful log in even when they have legitimate credentials + Exceed Federal NIST standards for biometric accuracy by a 3X factor + Identify legitimate users and permits access at an extremely high rate of accuracy (99.78%) which is 27 times more effective than keystroke biometrics + PLUS 99% of BioSig-ID™ users rate the solution as a positive user experience
Increase revenues with a competitive advantage that brings more business your way because it’s faster, easier and less expensive. Vendors and brokers get paid faster speeding commerce with uSignOnline™. Add to your bottom line. Eliminate the hassle and time spent getting documents signed. No more travel, overnight courier costs, chasing faxes around the office, or worse, hunting down misplaced faxes. uSignOnline™ provides a representation of the signature made by a client using a pointing device such as a mouse. This demonstrates “intent” by a user for verification and evidence of ownership with chargebacks, credit card purchases, online contracts or other electronic purchases especially when used with other personal identifiers. Companies can reduce paperwork by offering health care choices to employees and have the employees agree to their premium choices by signing right on their computers using uSignOnline™.
According to a recent report by Redspin, 61% of data breaches of patient health information were a result of malicious intent and have occurred since the August 2009 HITECH Act. The report states that these breaches affected more than 6 million individuals, 43 states including Washington D.C and Puerto Rico experienced at least one data breach and out of the 225 documented breaches one breach alone exposed 27,000 individuals putting their data at risk. Today, data is portable, and we need to ensure it's integrity. In September 2010, a computer flash drive containing the names, addresses, social security numbers, and health information of 280,000 Medicaid members was stolen from a health plan providers corporate offices. This is not the first time hundreds of thousands of individuals lost their privacy through a security breach. In 2006, a laptop containing personal health information for 26.5 million veterans was stolen from a Veterans Administration (VA) employee’s home. These ...
Higher education is responsible for nearly 25% of all the 250M data breaches in the US, so it's important to protect students from having their identities stolen and meet the student identity verification requirements as outlined in the the 2008 Education Act guidelines. BioSig-ID™ offers a simple, affordable solution that does not require hardware and exceeds the evolving identity management policies for student integrity in distance education. With online enrollment increasing 12% annually, BSI’s solutions can be used efficiently in distance learning environments including discussion groups, attendance checking, paper submissions, or accessing personal student files. BioSig-ID™ captures the way the student moves/draws their secret code with their mouse when they enroll in the system and creates a profile that is used to compare their signature using random, periodic, challenges. The student also enrolls in BSI’s second layer of "identity proofing" ClickID™ an image pattern recognition technology. The integrated solution ...
NSTIC-led ID plan earmarks $4 million to secure state government services
The two-year-old initiative to create an identity layer for the internet is backing a set of projects aimed at creating identity-based security to support state and local government services online. Read More
Gesture Recognition & Touch-less Sensing Market Worth $12.21 Billion by 2018
According to a new market research report Gesture Recognition & Touchless Sensing Market (2013 – 2018): By Technology (RFID, IR, Capacitive); Product (Biometric, Gaming, Smartphone); Application (Healthcare, Consumer Electronics, Automotive); Geography (Americas, EMEA, & APAC), the total touchless sensing and gesture recognition market is expected to reach $15.02 billion by 2018 growing at a CAGR of 34.94% from 2013 to 2018. [...]
Two-Step Verification Will End Consensual Impersonation
A couple of months back, I advocated killing your password policies and applying some other techniques instead to make existing use of passwords more effective (including my hobby horse: take the user-experience sting out of rotating ordinary static passwords by pushing them out to users on an alternate channel, à la activation codes and other [...]
Click and Go Vote: PA politician proposes online registration
HARRISBURG — It’s possible in these days of instant connectivity to monitor nearly every financial, physical and social transaction using the Internet – from banking to travel, and from dieting to dinner reservations. Read More
Hunting Botnets In The Cloud
Combining cloud, crowdsourcing, and big data to find and quash botnets on a larger scale. Comparing botnet command-and-control (C&C) traffic or malware within an organization to activity seen in other parts of the Internet isn’t new. It’s just that some security analysts are increasingly going there to gather better intelligence that they can use to [...]