WALL, N.J., Feb. 13, 2018 (GLOBE NEWSWIRE) -- 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!
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Investor & Media Contacts
William Jones, Tanya Kamatu
Catalyst Global
212-924-9800
bkyi@catalyst-ir.com