Andrea Carmignani, Fabian Eberle, Co-Founder, Paul Galwas
The amount of sensitive data that organisations collect on their customers, partners and employees grows exponentially, so too does the need for strong authentication and digital identity solutions that protect both businesses and users against cyber attacks and data leakages. In the past, in order to verify users, organisations have needed to store customer data on centralised servers. Such servers are increasingly vulnerable to both sophisticated cybersecurity and phishing attacks and accidental data leakages.
Poor authentication experiences across apps and platforms exacerbates the data security problem, as users are forced to remember dozens of passwords or rely on one-time passwords that fail to guarantee security. Insecure security architecture, coupled with sophisticated user experience has resulted in enormous data losses and staggering cases of fraud and identity theft.
To help enterprises make data privacy and security the rule, while giving users back control of their personal data, Keyless has built a privacy-first solution that eliminates the need for businesses to store sensitive personal data on centralised servers. Besides improving security standards, Keyless’ biometric-backed approach significantly lowers any user-experience friction during the authentication journey.
Keyless empowers organisations to provide a seamless authentication experience, while not forgoing privacy-preserving, powerful security. By combining secure multiparty computation and zero-knowledge cryptography, with the convenience of modern biometric authentication methods, Keyless is able to enhance existing IAM infrastructures with privacy-preserving biometric authentication capabilities. Moreover, Keyless’ authentication capabilities can be accessed from all devices with built-in cameras, and its software is interoperable with most systems, allowing enterprises to easily adopt a passwordless security paradigm.
The Keyless platform’s privacy-preserving architecture allows users to combine varying authentication factors - like biometrics and trusted devices - for flexible and user-friendly authentication.
By linking users’ devices to their identity and utilising various biometric modalities and user behavior modeling, Keyless provides multi-factor authentication (MFA) by design. This means that users won’t need to jump between hoops to access a platform or service that uses Keyless authentication software.
“Our goal is to unlock powerful security standards without compromising on privacy and user experience,” says Fabian Eberle, co-founder of Keyless. Moreover, Keyless allows users to be in control of their data from any device, irrespective of the vendor’s hardware and software platform.
Our goal is to unlock powerful security standards without compromising on privacy and user experience
For financial institutions around the world, emerging stronger customer authentication regulations mandate that businesses verify customers using two-factor-authentication. Implementing two-factor authentication with hardware tokens, SMS or email, or software-based one-time passwords can mean sacrificing the authentication experience for users. Keyless solves this problem by allowing customers to authenticate themselves simply by glancing into the camera of their device, without having to remember or carry around anything—all while guaranteeing their privacy and increasing the security of the authentication process.
What truly differentiates Keyless from its competitors is its unparalleled privacy-preserving security and seamless authentication experience that will help businesses streamline the customer journey for account registration and login.
“Our underlying cryptographic protocols allow for secure and efficient biometric authentication, while being automatically compliant with security and privacy regulations, like GDPR and PSD2. It’s our proven commitment to security, compliance and usability that makes us stand out from our competitors,” says Paolo Gasti, co-founder and CTO of Keyless.
Sailing into the new year, Keyless is launching their privacy-preserving biometric authentication solutions. These include an API/ SDK for privacy-preserving biometric authentication extending existing IAM infrastructures for workforce authentication use cases, and an SDK for strong consumer authentication with built-in privacy-enhancing multi-factor security.