Enables businesses to effectively tailor multiple layers of identity protection based on the risk level of the transaction
Reston, Virginia; March 31, 2011 - Daon, a recognized innovator and global leader in identity assurance software and services, announced today that it had released the latest version of IdentityX™, the mobile platform that significantly decreases the risk of unauthorized transactions, protecting consumers and businesses against on-line fraud and hacking.
IdentityX ensures that only you can authorize your financial / business transactions or access your most important and personal information. Using your smart phone, IdentityX offers risk solutions and empowers you to securely establish your identity through a combination of encryption, PIN entry, location-based technology, and biometrics such as voice, face and palm image matching.
As you may be aware, security professionals are abuzz over the March 17, 2011 announcement from RSA that a severe security breach had occurred on their servers. Although details were not disclosed, it is clear that a compromise of secret server-stored “seed” codes represents a serious and far-reaching weakness of solutions relying on one-time passcode (OTP)-generating tokens. For standard security tokens that display a changing series of digits, these secret seed fil