Biometric Signature ID Partner to Strengthen Online Identity Authentication |
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Written by Identity Theft Daily Staff
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Thursday, 24 July 2008 |
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Biometric Signature ID ("BSI") and Quick Business Operating Systems (QBOS) today announced a strategic alliance that will enable BSI's dynamic biometric authentication and verification solutions to seamlessly operate within QBOS's Business Process Automation Suite of products.
BSI's solutions give businesses' using the QBOS TradeSpace Management System(TM) a strong identity authentication solution to prevent unauthorized user access online. "BSI is working with QBOS to deliver a heightened level of online security while protecting the convenience and access of information that their customers have come to expect on the Internet," said Jeff Maynard CEO at BSI. "QBOS greatly enhances performance and quality of client internal processes by managing the intellectual capital of its clients. BSI will add the extra dimension required to protect these assets from non-authorized abusers without hindering the user experience."
"There has been increasing reports of both insider and hacker attacks against corporate assets making identity management a serious threat. Within a month of announcing a data breech, the average price of stocks in public companies fell by 5% and did not recover to pre-incident levels for nearly a year. Failure to verify the 'real' user is a major source of identity fraud that contributes to over $50B in annual losses," states Maynard. "Through our own innovation and through partnerships with leading providers like QBOS, BSI is working to reduce the risk of online fraud and identity theft when using an online portal site for CRM and workflow operations."
"BSI's design is superior to the approach currently supported by competitors," said Jim Lord, CTO and Founder of QBOS. "BSI's Identity verifications systems, and two-factor authentication are both achieved without forcing users to install any software, or carry any devices and the login process is accomplished in seconds. That is a huge advantage for ensuring minimum user impact while delivering maximum multi-factor identity protection."
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