BlockID distributed digital identity cloud service recognized for unifying identity verification and multi-factor passwordless authentication
EAST BRUNSWICK, N.J.--(BUSINESS WIRE)--#Blockchain--1Kosmos, the only company that unifies identity proofing and passwordless authentication, today announced it has been named a finalist for the Trust Award in the Best Identity Management Solution category for the 2023 SC Awards. Now in its 26th year, the SC Awards are cybersecurity’s most prestigious and competitive program. Finalists are recognized for outstanding solutions, organizations, and people driving innovation and success in information security.
Winners will be announced during SC Awards week, scheduled to begin on August 21, 2023, with individual profiles of every winner.
“Organizations are recognizing that phishing, account takeover and fraud are all made possible by compromising a user’s access credentials, not their actual identity,” said Hemen Vimadalal , CEO of 1Kosmos. “Being selected as a finalist for the SC Awards in the Best Identity Management category confirms our unique ability to provide identity-based, frictionless authentication for replacing passwords and preventing digital impersonation attacks.”
1Kosmos BlockID is the only platform in the industry that merges identity proofing and passwordless multi-factor authentication and is certified for NIST 800-63-3 (by Kantara), iBeta Biometric PAD-2 Liveness and FIDO2. It is also certified to ISO 27001 and compliant with GDPR and SOC2 standards. BlockID uses live, verified biometrics, a private, permissioned blockchain, AI and machine learning to create a distributed digital identity that prevents identity impersonation, account takeover and fraud while delivering frictionless user experiences.
BlockID also modernizes the user experience by providing users with a convenient, identity-backed digital wallet that they can use to login without passwords and transact business securely. It allows users to safely retain and share personally identifiable information (PII) when necessary to prove identity and authenticate digitally to access online applications, data and resources.
“Both the strategies and technologies embodied by 1Kosmos captured the exceptional innovation of the cybersecurity sector this year,” said Tom Spring, SC Media’s editorial director at CyberRisk Alliance. “Entrants represented our industry’s top-tier products, individuals, and firms. This year’s list of finalists reflects both the robustness and agility of solutions used by network defenders to protect assets within an always shifting threat landscape.”
About 1Kosmos
1Kosmos enables passwordless access for workers, customers and residents to securely transact with digital services. By unifying identity proofing and strong authentication, the BlockID platform creates a distributed digital identity that prevents identity impersonation, account takeover and fraud while delivering frictionless user experiences. BlockID is the only NIST 800-63-3 via Kantara, FIDO2 and iBeta biometrics certified platform that performs millions of authentications daily for some of the largest banks, telecommunications and healthcare organizations in the world. The company is funded by Forgepoint Capital and Gula Tech Adventures with headquarters in East Brunswick, New Jersey. For more information, visit www.1kosmos.com and follow us on Twitter and LinkedIn.
Contacts
Media:
Marc Gendron
Marc Gendron PR for 1Kosmos
617.877.7480
marc@mgpr.net