In today’s world, online security is more important than ever. In order to keep customers’ personal information safe, businesses need to use a passwordless authentication system that is phishing-resistant. Veridium and Tec360 have teamed up to provide just such a solution.
In recent industry news, Veridium announced that it and Tec360 were selected by an undisclosed top provider of internet, telephony, on-demand movies, and television services to provide secure, phishing-resistant passwordless authentication and to secure Okta’s SSO service.
Veridium is a leading provider of frictionless, phishing-resistant passwordless authentication solutions, and Tec360 is Mexico’s top security service provider.
Advanced, phishing-resistant passwordless MFA services
This partnership will provide the end user with a best-in-class solution for passwordless authentication that is both secure and easy to use. Phishing attacks are one of the most common methods hackers use to gain access to user credentials.
Implementing Veridium’s advanced, phishing-resistant passwordless MFA services will help Mexico’s leading internet company prevent sharing knowledge-based authentication credentials because users cannot share what they do not know. This strategy thwarts phishing attempts and eliminates the possibility of captured passwords – since they don’t exist – as well as brute force attacks because threat actors can’t guess nonexistent passwords, nor can keyloggers capture them.
Veridium will provide user registration services for the internet company’s employees, call center users, and mobile users. They will provide multi-factor passwordless authentication across multiple applications, such as desktops, virtual desktops, VPNs, web applications, and legacy applications. Veridium and Tec360 will also secure access to Okta’s SSO when users don’t have a mobile device or are not allowed to use their mobile devices, as well as in shared desktop environments.
Reaction from the principal parties
Peter Wiegandt, CEO of Tec360, said, “Veridium demonstrated that it’s the ideal partner for Tec360 for providing passwordless MFA to protect the internet company and its workforce against cyberattacks. We have observed the explosive growth of ransomware and other cyberattacks globally over the last five years. Our move to establish strong, trusted digital identities will yield tremendous, continuous cybersecurity benefits in the coming years and contribute to our customer’s focus on its strategic business objectives: the delivery of superb business and consumer services, without the internal distractions or external repercussions that reliance on legacy authentication methods, or traditional MFA methods, inevitably entails.”
Veridium CEO Ismet Geri commented, “The internet company in Mexico is a true driving force for next-generation consumer and business services and has achieved market leadership by leveraging the best technological innovations. With the adoption of Tec360’s security services and Veridium’s intelligent phishing-resistant passwordless MFA, the internet company is providing its workforce with an optimal, industry-leading user experience that is delightfully easy to use and secure. It is also strengthening its resilience to support its business model of driving new generations of premium services.”
Veridium is the original passwordless multi-factor authentication company. Veridium’s Identity Platform is a comprehensive authentication platform using AI-based behavioral biometrics. Veridium makes it easy for organizations to eliminate passwords across applications, websites, and web services to create a future with no passwords, no phishing, and no fraud. For more information, please visit www.veridiumid.com. Follow Veridium on Twitter at @veridiumid.
Steven Bowcut is an award-winning journalist covering cyber and physical security. He is an editor and writer for Brilliance Security Magazine as well as other security and non-security online publications. Follow and connect with Steve on Twitter, Instagram, and LinkedIn.