Last week, news headlines across Australia reported that 30,000 banking passwords had been stolen by malware directly from users’ personal devices (source). The culprit? Infostealer malware – malicious code that slips quietly into a system, remains undetected and slowly drains sensitive login credentials over time.
Passwordless Authentication is gaining traction with tech giants Apple, Google and Microsoft now offering this for their own services. With that capacity now in every user device, analysts predicted 90% adoption with most service providers surging to deploy frictionless access to their own users.
However, confronting this enthusiasm is the stark reality of complex integrations, steep cost of change management that can extend months or longer, and projects being postponed until feasible.
Graeme leads a cyber innovation team pioneering web security. In this session he will discuss the approach his team took to solve a number of security issues and how this led to 3x groundbreaking new technologies.
Last year, a remarkable insight to combine our unique strength for seamless mass adoption with massive online marketplaces set us on a course for accelerated expansion into deep markets. We aimed high and we’re thrilled to announce that we not only exceeded our target, but we’ve also unveiled a market potential far beyond our initial estimates. We are now primed and actively seek our next tranche of investment to fuel significant growth and profitability, with minimal overhead. Three highlights, from the many since our last update:
How did the Latitude Financial Services Hack occur and what can be done to avoid this same mistakes.
Russia’s invasion of Ukraine has triggered the United States Cybersecurity and Infrastructure Security Agency (CISA) to issue a Shields UP alert, advising:
“All organizations – regardless of size – adopt a heightened cybersecurity posture to protect their most critical assets”.
How to Create Passwordless Authentication for Web Users – Quickfire Pitch and Demo
The stage was set with an audience comprising twenty-two of the world’s largest financial institutions. Their agenda – to buy the latest innovations in cybersecurity. This closed exclusive event would present only six, well-vetted, up-and-coming innovators. For the six startups making the grade, this was a prime-time red carpet opportunity.
A patent application, at the foundation of our technology, has been granted in one of our largest target markets, China. This is the core technology that enabled BankVault to pioneer a new category within cybersecurity, that Gartner termed Remote Isolation (aka Remote Internet or Remote Browsing).
How to Create Frictionless Access for Web Users – Quickfire Pitch and Demo
New Patent. Ballooning Market. Crushing Advantage. Our team has been developing a radically simple new approach for online services to offer Passwordless logins. A
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