BIO-key Launches Enhanced Admin Panel and User Experience for IT Teams Managing its PortalGuard Identity-as-a-Service (IDaaS) Solution
December 15 2021 - 07:58AM
GlobeNewswire Inc.
BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider
of Identity and Access Management (IAM) and Identity-Bound
Biometric (IBB) solutions, today introduced the next generation of
its PortalGuard® Identity-as-a-Service (IDaaS) platform Admin Panel
experience to enhance the ability of IT teams to manage and upgrade
their IAM strategies. The improved PortalGuard IDaaS Admin Panel
provides a simple, centralized interface for common IAM workflows
and management of the platform that eliminates inefficiencies and
delivers time savings for busy IT teams.
Today, IT teams are focused on keeping their organization safe
while ensuring that their technology can support employees,
customers, and suppliers to get to the resources they need. An
increase in cyber risk and the dynamics of the pandemic, including
the shift to remote work, have put pressure on IT teams to improve
their IAM strategies, with many moving to more advanced approaches,
including a Zero Trust architecture, which requires more granular
security controls and oversight. Yet in a recent Osterman Research
survey on “Why Zero Trust is Important,” 48% of organizations cite
obtaining the appropriate resources to do Zero Trust properly as a
barrier for embracing it.
Resource limitations are a common challenge as most IT teams
face limited budgets and staff, with 61% of cybersecurity
professionals saying their teams are understaffed. A major pain
point for IT teams often comes from supporting IAM strategies with
multiple point solutions that are difficult to integrate,
configure, and manage. Further, as these solutions rely on varying
sets of overlapping security policies that, without a holistic
perspective, create vulnerabilities across the organization.
BIO-key’s PortalGuard IDaaS, with its newly enhanced admin
panel, solves this problem by replacing end point solutions with
one, cohesive IAM platform that is both more secure and easier to
configure and manage. PortalGuard is a cost effective solution that
enables IT teams to be more effective and productive.
Mark Cochran, President of BIO-key – PortalGuard added, “With
limited IT resources and the significant gap in available
cybersecurity talent across all industries, most organizations are
struggling to figure out how to do more with less. The inspiration
for the next generation of our admin experience was consistent
customer feedback seeking solutions that are easy to manage,
flexible, efficient, and can empower the IT team.”
PortalGuard IDaaS offers an unmatched variety of options for
multi-factor authentication (MFA), contextual authentication,
single sign-on (SSO), and self-service password reset (SSPR), and
is the only IAM platform on the market offering Identity-Bound
Biometric authentication methods, all controlled by a centralized
set of flexible security policies. IT teams can also take advantage
of the high availability, dynamic scalability, effective
resiliency, and reduced need for support staff with PortalGuard
delivered as a SaaS solution.
The latest enhancements to the PortalGuard IDaaS Admin Panel
dramatically improve the IT team experience, making it easier to
implement more granular controls for Zero Trust, remote access, and
other access scenarios. The Admin Panel can be accessed from any
web browser on any device, desktop, or mobile to provide secure and
easy management of the platform’s capabilities including:
- Roles & Permissions
- User management
- SSO application integrations
- Granular security policies configuration
- Reporting & auditing
To learn more about the BIO-key PortalGuard IDaaS Admin Panel,
please visit BIO-key's website.
About BIO-key International, Inc.
(www.BIO-key.com)BIO-key
has over two decades of expertise in providing authentication
technology for thousands of organizations and millions of users and
is revolutionizing authentication with biometric-centric,
multifactor identity and access management (IAM) solutions,
including its PortalGuard IAM solution, that provides convenient
and secure access to devices, information, applications, and
high-value transactions. BIO-key's patented software and hardware
solutions, with industry-leading biometric capabilities, enable
large-scale on-premises and Identity-as-a-Service (IDaaS) solutions
as well as customized enterprise and cloud solutions.
BIO-key Safe Harbor Statement All statements
contained in this press release other than statements of historical
facts are "forward-looking statements" as defined in the Private
Securities Litigation Reform Act of 1995 (the "Act"). The words
"estimate," "project," "intends," "expects," "anticipates,"
"believes," and similar expressions are intended to identify
forward-looking statements. Such forward-looking statements are
made based on management's beliefs, as well as assumptions made by,
and information currently available to, management pursuant to the
"safe harbor" provisions of the Act. These statements are not
guarantees of future performance or events and are subject to risks
and uncertainties that may cause actual results to differ
materially from those included within or implied by such
forward-looking statements. These risks and uncertainties include,
without limitation, our history of losses and limited revenue; our
ability to raise additional capital; our ability to protect our
intellectual property; changes in business conditions; changes in
our sales strategy and product development plans; changes in the
marketplace; continued services of our executive management team;
security breaches; competition in the biometric technology
industry; market acceptance of biometric products generally and our
products under development; the duration and severity of the
current coronavirus COVID-19 pandemic and its effect on our
business operations, sales cycles, personnel, and the geographic
markets in which we operate; delays in the development of products
and statements of assumption underlying any of the foregoing as
well as other factors set forth under the caption see "Risk
Factors'' in our Annual Report on Form 10-K for the year ended
December 31, 2020 and other filings with the Securities and
Exchange Commission. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date made. Except as required by law, the Company undertakes
no obligation to disclose any revision to these forward-looking
statements whether as a result of new information, future events,
or otherwise. Additionally, there may be other factors of which the
Company is not currently aware that may affect matters discussed in
forward-looking statements and may also cause actual results to
differ materially from those discussed. In particular, the
consequences of the coronavirus outbreak to economic conditions and
the industry in general and the financial position and operating
results of our Company, in particular, have been material, are
changing rapidly, and cannot be predicted.
Engage with BIO-key: Facebook – Corporate:
https://www.facebook.com/BIOkeyInternational/LinkedIn – Corporate:
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Corporate: @BIOkeyIntl Twitter – Investors: @BIO_keyIR StockTwits:
BIO_keyIR BIO-key Media Contact: Erin Knapp Matter
Communications BIO-key@matternow.com
914-260-3158
Investor Contacts: William Jones, David Collins
Catalyst IR BKYI@catalyst-ir.com 212-924-9800
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