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Supporting Mobile App Biometric Authentication: BIO-key MobileAuth

If you have a smartphone, you bring it everywhere with you: to work, social gatherings, and even carry it around your home. As the smartphone evolved, it began to play bigger role in everyday life, serving as far more than simply a device to make calls and send texts. Today, in tandem with advancement in the cybersecurity world, our phones are also now authentication devices to facilitate the ...

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Tags: mobile authentication, mobile authenticator, identity bound biometrics, MobileAuth

An Interview with our New Executive Lead in EMEA: Alex Rocha

 

BIO-key has always been a global organization and we are excited to strengthen our global presence and expand our offerings in EMEA and around the world, with the recent acquisition of Swivel Secure Europe and appointment of Alex Rocha as the Executive Lead for BIO-key in EMEA. 

We recently sat down with Alex to discuss his new role and what this means for BIO-key and the global markets we...

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Tags: cybersecurity leaders, BIO-key International

by BIO-key Team 0 Comments

The Best Ransomware Protection Starts With Understanding the Attack

Around 68.5% of businesses worldwide experienced a ransomware attack in 2021, according to Statista. During the COVID-19 pandemic, nearly 85% of data breaches involved defrauding humans. 

These cyberattacks can be carried out in several ways. In many cases, your files will be held hostage until you pay a ransom to the malicious actor who executed the attack. These incidents cause costly...

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Tags: Ransomware, Cyberattack

by BIO-key Team 0 Comments

Why your bank should be worried about human error in cybersecurity

Here's a scenario: your bank has implemented an unbreakable cybersecurity solution. It neutralizes any outside threat and keeps sensitive data like customer information as safe as possible. One day, you come into work to find that's all been compromised. At this point, you're asking yourself, "how could have this possibly happened?" Let's look beyond the security technology, itself.

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Tags: #cybersecurity, #HumanFactor, #phishing, banks and credit unions

by BIO-key Team 0 Comments

How Biometrics are Addressing Growing Cyber Security Issues in Banking

When an intruder breaks into your environment, you're not aware of when they broke in, how they broke in, and what they compromised. How do they break in? Well, Tessian suggests around 90% of data breaches1 are caused by social engineering - meaning, some type of human error and stolen passwords lead to a successful cyber attack.

Today, banks and other financial services are facing growing cyber...

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Tags: #cyberattacks, #cybersecurity, #passwords, Biometrics, identity bound biometrics, banks and credit unions

In Cyberspace, You Need to Trust Who You're Working With

Working in a digital environment has not only opened new opportunities for efficiency but also created several challenges. One of them is the increasing number of frauds that appear when enterprises do not have appropriate solutions for identity verification.

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Tags: #cyberattacks, #cybersecurity, identity management, identity bound biometrics

by BIO-key Team 0 Comments

Why Cyber Insurance is Critical for Banks?

Why do some customers choose one bank over another? Is it because of quality of service? Wide coverage of ATMs? While most do value both of these, neither one is the leading consideration. Customers rely on banks to deploy first-class security measures to safeguard their most valued possessions and financial assets, making trust the most critical component when deciding on who to bank with. When...

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Tags: #cybersecurity, MFA, cyber insurance, banks and credit unions

by Kimberly Johnson 0 Comments

Russia's Invasion of Ukraine Ignites Global Cyber Ramifications

"Russia Hammers Ukraine with Massive Cyber-Attack". While you would assume this is a "hot headline" blasting across the media in response to the Russian invasion of Ukraine this week, this is actually a headline from a Business Insider article published in 2014 - 8 years ago. The Russian cyberattack history on Ukraine is much longer (and dedicated Wikipedia page) than many people think. The...

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Tags: #cyberattacks, #cybersecurity

by BIO-key Team 0 Comments

What advice do CISOs have for admins reviewing cybersecurity?

Are you and your IT team utilizing the best cybersecurity practices? Maybe you are, but the rest of your company doesn’t even know the basics. 

During our 2022 Cyber Predictions webinar, we asked our panel of CISOs from a wide range of industries, “What advice do you have for companies reviewing their cybersecurity?”. Surprisingly enough, our panel all had very similar advice. From improving...

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Tags: #cyberattacks, #cybersecurity, #passwordmanagement, User Experience, User Authentication, end-users

by BIO-key Team 0 Comments

County Officials: 3 Cybersecurity Questions You Should Ask IT

 

After attending the NACo Annual Conference this year and having the pleasure of speaking with hundreds of county elected officials and their IT teams, it was clear that the topic of cybersecurity was top of mind for everyone. The recent headlines about cyberattacks, especially ransomware on major organizations including Tyler Technologies, Solarwinds, the Colonial Pipeline, JBS, and Kaseya...

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Tags: #cybersecurity, information security, IT Department, state and local