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SecureKey, a Canadian online authentication company, says MasterPass users will now be able to make more secure transactions with devices that come pre-installed with its bridge.net software and authentication service.
June 13 -
Nok Nok Labs, a startup run by the founder of data security vendor PGP, is developing technology that could let biometric authentication mechanisms communicate easily with servers.
February 12
Banks have struggled to improve online authentication for employees and customers in recent years as cybercriminals have become more adept at cracking usernames and passwords. As a result, a series of products and vendor services have popped up, many of which involve biometric and multi-factor authentication.
For example, Canadian technology vendor
And the FIDO Alliance of financial services and computing players (including PayPal and Lenovo) has developed
In a fresh example, EMC Corp. announced Monday that it purchased identity and access management company Aveksa.
The Hopkinton, Mass. outfit says the acquisition will add a layer of security to its enterprise software and cloud computing management offerings. EMC specializes in data storage and information security.
The price of the acquisition was not disclosed.
"Today's enterprises face significant challenges around identity and access management," says EMC's executive vice president Art Coviello, in a press release. "The adoption of cloud-based IT infrastructures and the pervasive use of mobile means that security organizations are being asked to secure and provide access to assets they don't own, manage, or control." Coviello is also RSA's executive chairman.
He adds that EMC's customers need to know who should and shouldn't have access to specific information on a network in order to hedge against data breaches and regulatory compliance issues.
