Accops Systems adds vendor-neutral biometrics to identity and access management
Accops Systems has upgraded HyID, its multi-factor identity and access management solution with biometric authentication based on fingerprint and facial recognition, or one-time-password-enabled two-factor authentication, writes CRN.
The new product is vendor-neutral and does not require any changes to sync with existing applications. It addresses two key sectors in need of strong cybersecurity, according to the report, business process outsourcing (BPO) and banking, financial services and insurance (BFSI).
The Reserve Bank of India has requested all Urban Co-operative Banks (UCBs) to enhance security and implement strong user authentication, either through a two-factor or multi-factor layer. The Indian government recently announced it was considering multi-factor authentication for digital transactions to enhance payment security and encourage more digital business with biometrics such as facial and iris recognition.
A number of large companies and banks in India have already deployed Accops’ biometric feature, which is now an add-on for HyID.
“Today, organizations, especially where user impersonation is a big issue, are looking for strong user authentication solutions to protect their valuable data from relentless cyber-attacks,” said Vijender Yadav, CEO at Accops Systems in a statement. “Further, the RBI guidelines, the HIPAA (Health Insurance Portability and Accountability Act) rules, and other data protection laws require organizations to track that all are accessing their systems, when and from where.”
Considering today’s threat landscape, memory-based authentication or SMS-based two-factor authentication are vulnerable to compromise and can be easily breached.
“In contrast, biometric is tamper-proof, and cannot be shared or misused easily. The new biometric-enabled HyID solution not only helps reduce chances of fraud, data loss, or identity theft, but also supports organizations to be compliant,” Yadav added.
The upgraded HyID features a number of benefits, including smooth integration, vendor-neutrality and ease of deployment. Its biometric MFA does not require additional changes in the application, because HyID is adaptable to all modern and legacy apps, the company says. HyID authentication is compatible with a wide variety of biometric device vendors, including Mantra Softech, SecuGen and BioEnable, but it can also be configured for new providers. All biometric capabilities are built into the product as an add-on feature.