SAN FRANCISCO – (BUSINESS WIRE) – BehavioSec, an industry pioneer and technology leader for behavioral biometrics and continuous authentication, today announced new findings that organizations and consumers may feel more comfortable with wider use behavioral biometrics to protect their digital identities and experiences online.
After a year of digital transformation at the societal level, the demand for a better online user experience and a higher level of digital identity protection has become essential. With a year the world saw a combination of personal data theft with new decisions and legislative proposals, like the EU Schrems II in July 2020 and the US National Biometrics Information Privacy Act in August [US Senators Merkley, D-OR and Sanders, I-VT], the need for expert advice has never been higher. BehavioSec shares this research and a company milestone to highlight how behavioral biometrics can be adopted transparently with clear benefits and in compliance with comprehensive data protection laws. These include measures such as the European General Data Protection Regulation (GDPR), the European Commission’s PSD2 / SCA and its Open Banking mandate, the California Consumer Privacy Act (CCPA) of the United States. and similar requirements anticipated from proposed regulations in other regions.
To validate the safe use of behavioral biometrics at a time when headlines are full of claims about technologies such as facial recognition and âdeep fakeâ simulations being abused, BehavioSec sponsored the report â 2021 Global Data Privacy Regulation of Physical & Behavioral Biometrics âby the industrial research company Goode Intelligence. In the report, Chief Analyst Alan Goode examines the relevance of current and proposed global privacy and data protection legislation to the successful and compliant adoption of biometric technology for authentication and security. identity verification, and answers the main questions that organizations and consumers ask:
Where does the next wave of are behavior-based technologies suitable?
How do they impact our delicate balance between security, privacy and regulation?
Are they covered by existing and proposed regulations?
Will behavior-based technology make things worse – or better?
Drawing on feedback from clients of global banks, extensive research and legal opinions from lawyers at international law firm Osborne Clarke, the paper describes how businesses can confidently use behavioral biometrics while complying with some of the laws. strictest privacy and data protection standards in the world, including GDPR, industry payment regulations such as PSD2 SCA and 3D Secure 2.0 technology.
âAs we move more of our personal and professional tasks online, it becomes more and more important to secure digital channelsâ, said Goode. âMobile security is more important than ever and behavioral biometric technology has proven to be an essential tool in enabling secure access to digital services, preventing fraudsters from accessing them, while remaining compliant with GDPR, among others.â
A US-based webcast, “Biometrics & Digital Identity Verification – 2021 Data Protection & Privacy Regulation Insights” will be broadcast on May 25, 2021 with a presentation by Alan Goode on the findings of his report and will offer additional information on privacy. data, digital transformation and fight against fraud and cybercrime through biometrics. Viewers can register to watch the webinar hosted by BehavioSec and IDG, including a discussion between Bob Bragdon, Alan Goode, of the CSO, and a panel including Dr. Shane Shook, financial crime investigator and consultant in company at ForgePoint Capital, Jordan Blake, vice president of products at BehavioSec and Jake Bernstein JD, lawyer at Focal PLLC and former Assistant Attorney General for Washington State.
âIt is essential to proactively spark these debates now on how new technologies define identity and authentication, before assumptions and lack of transparency – however unintentional – irrevocably undermine the trust of the public and policy makers, ” added Jake Bernstein, who specialized in prosecuting consumer protection cases while in the Washington State Attorney General’s office in the United States. âThe line between improving digital trust and triggering privacy and identity crises should not be a slippery slope when it comes to biometrics-based systems. Yet the perceived missteps and alleged abuses of facial recognition and other innovations to date show us what stakeholders, including businesses, need to avoid.
In addition, May 26e at 3:00 p.m. BST / 4:00 p.m. CEST, Goode will host a second webcast, “2021 Global Regulation of Physical & Behavioral Biometrics for Digital Identity Verification”, to present his research on the impacts of regulation on the protection of privacy and data on implementation of biometrics by companies, in particular in the European Union. As Founder, CEO and Chief Analyst of Goode Intelligence, Goode is a respected expert in information security and biometrics and will offer insight on how businesses may be able to consider their specific use cases. and the possible exceptions for explicit consent in accordance with the GDPR regulation. Goode will be joined by BehavioSec and the international law firm Osborne Clarke, which has been commissioned by BehavioSec to advise on the regulatory impact on customer deployments of the BehavioSec behavioral biometrics platform, particularly in the German banking industry.
âThere is no doubt that technology providers must continue to work collaboratively with government and business to ensure better protection and a better experience for consumers and employees while remaining fully compliant,â said Neil Costigan, CEO by BehavioSec. âAs a pioneer in this area, we bring this research to the market to open the dialogue, and we also demonstrate and model compliance as a company. Beyond our continued support of GDPR and security best practices, we are pleased to share our recent SOC2 Type1 certification and active program for Type 2 and ISO 27001. â
To access this research, the public can download Alan Goode’s report and participate in public webcasts with CSO. [IDG] in the United States on May 25 and with Goode Intelligence in Europe on May 26.
BehavioSec is the industry pioneer and technology leader in behavioral biometrics and continuous authentication, protecting millions of users and billions of transactions today.
Deployed in Global 2000 companies to dramatically reduce fraud, friction, threats, and theft, BehavioSec verifies and protects human digital identities by understanding how we uniquely grip and slide across our ever-changing devices. Whether used in the cloud or on-premises, BehavioSec delivers the superior user experience, accuracy, and scalability organizations need to keep customers engaged while detecting evasive attacks in real time than other solutions. missing.
Founded in the Nordic countries in 2008 from groundbreaking research, industry-recognized BehavioSec partners with market leaders and organizations like DARPA, and has won investments from large investment firms such as ForgePoint Capital , Cisco, ABN AMRO, Conor Ventures and Octopus Ventures. Headquartered in San Francisco, California with offices around the world, BehavioSec is ready to help you reduce risk, improve compliance, and digitally transform your distributed workforce and customer experience. www.behaviosec.com.