|By Marketwired .||
|February 11, 2014 10:41 AM EST||
MOUNTAIN VIEW, CA -- (Marketwired) -- 02/11/14 -- The FIDO (Fast IDentity Online) Alliance (http://www.fidoalliance.org/), an open industry consortium delivering standards for simpler, stronger authentication, achieved a historic milestone today by releasing its first public review draft technology specifications. These open technologies have been collaboratively developed by a rapidly increasing number of the most innovative companies in the world to enable simpler, stronger authentication to scale in the market.
The Q1 2013 Forrester Wave: Enterprise Fraud Management asserts the online services industry is seeing upwards of $200B in annual losses from password breaches and related hacks that exploit the vulnerabilities inherent in single-factor password systems. According to the Verizon 2013 Network Investigations Data Breach Report, 76 percent of network intrusions exploit weak or stolen credentials. According to Gartner, 20 to 50 percent of all help desk calls are for password resets. Forrester Research estimates help desk labor cost at $70 per password reset*. In Mobile Consumer Insights, Jumio reports that 68 percent of smartphone and tablet owners have attempted to make purchases on their device. Due to problems during the payment process, 66 percent of that group abandon transactions, and 47 percent of these said they abandoned transactions that took too long. Upon its first-year anniversary, the FIDO Alliance demonstrates momentum that attests to pent-up demand for simpler, stronger authentication that must scale, as only open industry standards can deliver.
"It is with pride that the FIDO Alliance releases the review draft specifications to the public today, before our first anniversary of starting the long overdue revolution in authentication. Congratulations to our members for their insights, expertise, and tireless dedication to delivering better authentication that is more secure, private and easier-to-use than prevailing password schemas," said FIDO Alliance president, Michael Barrett. "With today's public release of the review draft specifications, we especially welcome and anticipate new types of members coming from various enterprises. Furthermore, we encourage Relying Parties to begin testing their unique FIDO authentication needs with the commercial solutions already available from many FIDO member companies."
The FIDO Alliance also announces that its membership is approaching 100 strong, with Aetna, ARM, Dell, Discretix, IdentityX, Netflix, Next Biometrics, Oesterreichische Staatsdruckerei GmbH, Salesforce, SafeNet, Sonavation, STMicroelectronics, and Wave Systems being among the most recent companies to join as Sponsor members of the Alliance. Launched in February 2013 with six founding members, the alliance has grown rapidly with representation from every continent and every industry.
"When I first started discussing the need for a strong authentication protocol with Michael Barrett, Taher Elgamal and others many years ago, we knew we had something big on our hands," said Ramesh Kesanupalli, founder of Nok Nok Labs and FIDO visionary, "and the progress we've seen in a single year in attracting membership and delivering draft specifications signifies the need for a drastic change in the marketplace and a collective determination to accomplish it. As a founding member, Nok Nok Labs is proud to be delivering FIDO Ready solutions based on these new specifications."
FIDO standards address industry and consumer pain points by ensuring that users and online service providers have a variety of choices to select from when adopting simpler, stronger authentication alternatives to today's prevailing reliance on single-factor passwords.
"It is incumbent upon Enterprise IT to begin moving away from the world of basic username/password authentication, and we are excited to join the FIDO Alliance in shaping the future of strong authentication," said Mike D. Kail, VP of IT Operations, Netflix. "We look forward to collaborating with various sectors and industry experts and contributing experience and guidance on best security and authentication practices for Enterprise IT."
The FIDO specifications emphasize a device-centric model that reflects the Alliance's thoughtful dedication to usability, privacy and security. FIDO specifications will support a full range of authentication technologies, including biometrics such as fingerprint and iris scanners, voice and facial recognition, as well as further enable existing solutions and communications standards, such as Trusted Platform Modules (TPM), USB Security Tokens, embedded Secure Elements (eSE), Smart Cards, Bluetooth Low Energy (BLE), and Near Field Communication (NFC). The open specifications are being designed to be extensible and to accommodate future innovation, as well as protect existing investments. FIDO specifications allow device-specific authentication capabilities to be leveraged by online services within an interoperable infrastructure, enabling authentication choice to meet the distinct needs of users and organizations. The FIDO specifications complement and add value to identity federation. The improved user authentication enabled by FIDO specifications can be federated using existing industry standards such as OpenID and SAML. Committed to core privacy principles, the FIDO Alliance today published a reference whitepaper. The FIDO Alliance will continue to develop and mature the specifications with additional features and refinements based on interoperability testing and real-world deployment experience.
"Increased awareness of identity protection and the associated complexities of securely authenticating users across diverse devices and environments underscore the need for a universal authentication framework," commented Andrew Young, VP Product Management, Authentication at SafeNet. "To this end, one of the clear advantages of the FIDO approach is that it offers users a consistent experience across multiple services and user devices, a range of multi-factor schemes, and maintains privacy by using distinct authentication keys for different services. The FIDO Alliance, by helping to standardize multi-factor practices, will contribute to the formation of a broader identity framework based on greater trust and better security in both consumer and enterprise environments."
"As a leading provider of trusted identity and authentication networks and sponsor member of FIDO Alliance, SecureKey enthusiastically supports the principles of interoperable, simple and strong authentication for consumer-scale deployments, said Stu Vaeth, VP of Products, SecureKey. We look forward to delivering FIDO Ready solutions based on this specification to our customers and partners, leveraging our briidge.net Connect cloud-based authentication service."
"At PayPal the security of our customer's personal and financial information is our top priority, which is why we co-founded the FIDO Alliance," said Brett McDowell, FIDO Alliance vice president, and eBay Inc. Head of Ecosystem Security. "The open standards and best practices we develop in collaboration with other members of the Alliance provide our industry with an interoperable, scalable framework for delivering simpler, stronger authentication to our customers."
FIDO specifications allow device-specific authentication capabilities to be leveraged by online services within an interoperable infrastructure, enabling authentication choice to meet the distinct needs of users and organizations. The FIDO Alliance will continue to develop and mature the specifications with additional features and refinements based on interoperability testing and real world deployment experience.
"IDC Financial Insights believes that most successful financial institutions in 2014 will be those that can deliver an engaging, omnichannel experience for their customers and prospects. Simple, convenient, and strong authentication is the foundation to convenience, and contributes to a channel-less experience for the end-user. The finalization and adoption of the FIDO Alliance draft specifications, shared today, can play an important role in delivering convenience," said Michael Versace, Global Research Director at IDC Financial Insights.
FIDO Alliance members are already developing FIDO Ready products and services based on early draft FIDO specifications. In October 2013, The FIDO Alliance began a certification program with FIDO Ready branding for implementations passing conformance and interoperability testing to early draft specifications. The 2014 Consumer Electronics Show (CES) revealed the first demonstrations of FIDO Ready products. Members are shaping the marketplace with FIDO specifications already in play in products like FingerQ with FIDO Ready components from Synaptics and FIDO Ready products from AGNITiO, Go-Trust, Nok Nok Labs, and Yubico.
FIDO members are featuring FIDO Ready products at this month's Mobile World Congress 2014 (MWC 2014), RSA Security Conference and FIDO Public Forum Event in Palo Alto California. Online Service providers who want to assess FIDO technologies are encouraged to look for the FIDO Ready(tm) certification on vendor implementations. The FIDO Certification program will continue to advance in scope and depth as the specifications mature, while adhering to a core principal of backward compatibility of FIDO infrastructure to ensure ongoing interoperability with all FIDO certified authenticators in the market.
Rob Coombs, Director of Security Marketing, ARM said: "Last year, our partners shipped over ten billion ARM-based microprocessors, the vast majority in internet-enabled devices. With the growing need to connect people and products securely to cloud services it is clear that we need to move beyond passwords for authentication. The FIDO alliance provides an excellent forum for industry to work together to provide a scalable verification architecture that can make the lives of consumers more convenient and help cloud-based services manage risk."
"Discretix' Passwordless and Second Factor User Authentication solutions are hardware-assisted and utilize the device's Trusted Execution Environment. These solutions leverage our expertise in deploying field-proven, mass-market solutions for mobile, particularly on Android devices," said Roni Sasson, Director Product Marketing at Discretix. "Simple and strong authentication is a key enabler for premium mobile services, and Discretix fully endorses the FIDO Alliance's specification and certification initiatives, and we are pleased to be an active contributor."
"As a long-time leader in semiconductors for trust and data security, STMicroelectronics recognizes the value and fully endorses the FIDO Alliance's efforts to develop an open and standardized solution for strong authentication," said Laurent Degauque, Embedded Security Marketing Director. "ST is committed to bringing its security expertise, products and solutions to bear to help the deployment of FIDO-enabled devices."
"FIDO specifications establish an authentication perimeter, so only content by consent can be accessed. As more 'things' proliferate in the Internet of Things (IoT), an authentication perimeter becomes very important to managing our world. Beyond addressing the need for password and PIN alternatives, FIDO authentication flips the model and increases both security and convenience, while ensuring privacy by placing local authentication controls entirely in the hands of the true owner. This control is essential to managing increasingly connected devices as they demand access to our data and personal content," said Tim Bajarin, president, Creative Strategies. "Generating a local signature understood by a remote service that protects both consumer and service provider from unauthorized access to owners and their data is unique. FIDO specifications flip the authentication model from user subjugation to user control with this truly revolutionary capability."
The FIDO Alliance invites all interested organizations to join and contribute their use cases and expertise to these open industry standards that will enable the next generation of authentication to online and cloud services.
About The FIDO Alliance
The FIDO (Fast IDentity Online) Alliance, www.fidoalliance.org, was launched in February 2013 to address the lack of interoperability amongstrong authentication technologies, and remedy the problems users face with creating and remembering multiple usernames and passwords. The Alliance plans to change the nature of authentication by developing standards-based specifications for simpler, stronger authentication that define an open, scalable, interoperable set of mechanisms that reduce reliance on passwords. FIDO authentication is stronger, private, and easier to use when authenticating to online services.
The FIDO Alliance Board of Directors includes leading global organizations: Blackberry®; CrucialTec (KRX: 114120); Discover Financial Services (NYSE: DFS); Google; Lenovo; MasterCard (NYSE: MA); Microsoft (NASDAQ: MSFT); Nok Nok Labs, Inc.; NXP Semiconductors N.V. (NASDAQ: NXPI); Oberthur Technologies OT; PayPal (NASDAQ: EBAY); RSA®; Synaptics (NASDAQ: SYNA); Yubico
*Note: These are widely published, referenced statements. Citations: http://static.helpsystems.com/safestone/pdfs/WP_PasswordSelfHelp.pdf and http://www.mandylionlabs.com/PRCCalc/PRCCalc.htm
for FIDO Alliance
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
May. 31, 2016 03:15 AM EDT Reads: 2,563
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
May. 31, 2016 01:30 AM EDT Reads: 1,453
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
May. 31, 2016 12:15 AM EDT Reads: 2,778
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
May. 30, 2016 10:00 PM EDT Reads: 2,031
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
May. 30, 2016 09:00 PM EDT Reads: 2,474
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
May. 30, 2016 06:00 PM EDT Reads: 2,676
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
May. 30, 2016 05:30 PM EDT Reads: 809
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
May. 30, 2016 05:30 PM EDT Reads: 783
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
May. 30, 2016 04:30 PM EDT Reads: 2,644
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
May. 30, 2016 04:30 PM EDT Reads: 2,116
SYS-CON Events announced today the Docker Meets Kubernetes – Intro into the Kubernetes World, being held June 9, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Register for 'Docker Meets Kubernetes Workshop' Here! This workshop led by Sebastian Scheele, co-founder of Loodse, introduces participants to Kubernetes (container orchestration). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, participants learn ...
May. 30, 2016 03:00 PM EDT Reads: 2,094
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
May. 30, 2016 02:00 PM EDT Reads: 3,104
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
May. 30, 2016 01:30 PM EDT Reads: 1,166
SYS-CON Events announced today the How to Create Angular 2 Clients for the Cloud Workshop, being held June 7, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified. Now it’s a component-based well-performing framework. The immersive one-day workshop led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and...
May. 30, 2016 12:00 PM EDT Reads: 4,131
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
May. 30, 2016 12:00 PM EDT Reads: 824