Regional Bank Selects BIO-key ID Director for Windows to Provide Secure, Biometric-Enabled Employee Access to Network Resourc...
February 13 2018 - 8:01AM
BIO-key International, Inc. (NASDAQ:BKYI), an
innovative provider of enterprise biometric software and hardware
systems and consumer products offering strong, convenient security
and user access, today announced that a community bank with
hundreds of full- and part-time employees across the Southeast and
Midwest is integrating BIO-key's biometric software and hardware
solution to address internal security and workflow concerns.
The bank’s adoption of biometric authentication was driven by
several instances where compromised passwords were used to access
customer data and the bank’s network resources. Having evaluated
the benefits of BIO-key’s ID Director for Windows, the bank moved
to deploy the software solution along with BIO-key biometric
readers to strengthen its password system against potential
security breach and regulatory penalties.
BIO-key’s ID Director for Windows integrates directly with the
bank’s Microsoft Active Directory and allows the system to
associate a biometric with the user's sign-on credentials. With ID
Director for Windows, the organization is able to seamlessly
incorporate a unique biometric authentication method which cannot
be lost, stolen or shared. This solution directly addresses the
network and security vulnerabilities posed by compromised or stolen
passwords in a shared workstation environment.
Moving forward, the bank can use fingerprint authentication as a
single sign-on (SSO) solution or as a multi-factor authentication
method that complements passwords, cards, tokens, PINs or
knowledge-based questions. BIO-key will also provide DASH
fingerprint readers, which conveniently attach to the USB ports of
the bank’s devices and enable instant, one-touch sign-on.
“The shared work environment is common in retail banking as
tellers move from workstation to workstation through the course of
the day. Whether it’s the drive-through window, the front lobby, or
a manager authorizing a transaction on a teller’s screen, the
fundamental password authentication function creates a window of
vulnerability that nearly every bank needs to address. Passwords
simply can’t provide the level of security, ease of use or audit
trail offered by biometric authentication and that differentiation
is starting to resonate with customers in financial services and
other sectors,” stated Mike DePasquale Chairman and CEO,
BIO-key.
About BIO-key International, Inc.
(www.bio-key.com)BIO-key
is revolutionizing authentication with biometric solutions that
enable convenient and secure access to information and high-stakes
transactions. We offer alternatives to passwords, PINs, tokens, and
cards to make it easy for enterprises and consumers to secure their
devices as well as information in the cloud. Our premium finger
scanning devices, including SideSwipe,
SideTouch, EcoID and
SidePass, offer market-leading
quality, performance and price. BIO-key is now bringing the power
and ease of use of biometric technology to its recently launched
TouchLock line of biometric and Bluetooth enabled
padlocks – thereby providing even more ways to BIO-key your
world!
|
|
|
|
|
Facebook –
Corporate: |
|
|
|
BIO-key
International |
Twitter –
Corporate: |
|
|
|
@BIOkeyIntl |
Twitter –
Investors: |
|
|
|
@BIO_keyIR |
StockTwits: |
|
|
|
@BIO_keyIR |
|
|
|
|
|
Investor & Media ContactsWilliam Jones,
Tanya KamatuCatalyst
Global212-924-9800bkyi@catalyst-ir.com
BIO key (NASDAQ:BKYI)
Historical Stock Chart
From Mar 2024 to Apr 2024
BIO key (NASDAQ:BKYI)
Historical Stock Chart
From Apr 2023 to Apr 2024