BIO-key's Cloud-Hosted PortalGuard® Identity-as-a-Service Platform Named "Identity Management Solution of the Year" by Research Firm RemoteTech Breakthrough
WALL, N.J., June 23, 2022 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of Identity and Access Management (IAM) and Identity-Bound Biometric (IBB) solutions, today announced its PortalGuard® Identity-as-a-Service (IDaaS) platform has won the “Identity Management Solution of the Year” award in the 2022 RemoteTech Breakthrough Awards conducted by RemoteTech Breakthrough, for the second consecutive year. This acknowledgement adds to a growing list of industry awards the platform has earned. RemoteTech Breakthrough is a leading independent market intelligence organization that evaluates and recognizes standout technology companies, products, and services empowering remote work and distributed teams around the globe.
The mission of the annual RemoteTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the top technology companies, solutions, and products in the remote technology industry today. This year’s program attracted more than 1,700 nominations from over 15 different countries.
“Many of the multi-factor authentication (MFA) methods organizations are using to authenticate remote employees, suppliers, and customers are based on something the user knows, such as a password, or something the user has, such as their phone. These approaches leave the door wide open for common authentication hacks where credentials are shared, stolen, forgotten, or lost,” said Bryan Vaughn, Managing Director of RemoteTech Breakthrough Awards. “We selected PortalGuard as ‘Identity Management Solution of the Year’ for how easily it helps customers secure access for both the workforce and customers while also giving organizations peace of mind that they know who is gaining access regardless of their location.”
When securing remote access for employees, supply chain, and customers, positively identifying the individual with certainty during the authentication process is essential. BIO-key PortalGuard IDaaS provides a hosted, unified IAM platform that offers the widest range of options for single sign-on, self-service password reset, and multi-factor authentication, with BIO-key’s proprietary offering of Identity-Bound Biometrics that utilize a centralized unique biometric identity to verify a person anywhere. Customers using PortalGuard’s IBB authentication methods, including fingerprint scanning and palm scanning via BIO-key's MFA mobile app, MobileAuth™, can eliminate the inconvenience, security risks, and costs of traditional authentication methods to effectively secure remote access.
“We are thrilled and honored to again be recognized by RemoteTech Breakthrough for our innovations and unique ability to secure remote access,” said Michael DePasquale, Chairman and CEO of BIO-key International. “The increase in global demand for remote access has amplified the shortcomings of many IAM solutions unable to go beyond passwords and device to verify the person behind every authentication. In contrast, PortalGuard offers customers the flexibility to utilize a range of factors, including Identity-Bound Biometrics, to secure access for all their users and address their core IAM requirements.”
For over 20 years, PortalGuard has been trusted by customers across multiple industries, including education, healthcare, manufacturing, finance, and government, to secure remote access, reduce password-related help desk calls by up to 95%, eliminate passwords, prevent phishing attacks, meet cyber insurance requirements, and improve productivity for the IT team.
To learn more about BIO-key PortalGuard IDaaS please visit BIO-key's website.
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