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Hoyos Labs, a Digital Infrastructure Security Company, Launches; Rethinks How We Authenticate and Secure Identity
Date:12/3/2013

NEW YORK, Dec. 3, 2013 /PRNewswire/ -- Usernames and passwords are commonly used to secure personal and corporate accounts on public domains from unwarranted access. Yet, identity theft and corporate hacks are prevalent, because the current security methods being used can be easily spoofed. Today, biometrics veteran Hector Hoyos announced his new venture, Hoyos Labs, which aims to address and solve the issues of secure identity authentication. Hoyos Labs is a digital infrastructure security company with a research and development division operating from the Cambridge Innovation Center on the campus of the Massachusetts Institute of Technology.

The Company envisions a completely secured world, one in which online and offline identities can no longer be hacked or stolen. As such, Hoyos Labs developed an end-to-end solution for identity authentication, using biometrics as a part of the authentication process. Hoyos Labs has already received $10 million in funding.

Hoyos Labs' identity assertion products use a multi-biometric recognition system that includes the face, periocular region and iris to confirm one's identity. The technology leverages smartphones as biometrics acquisition devices (on the front-end), interacts with middleware and accesses the back-end before identity authentication. This system tackles the unmet needs in identity security, such as incorporating "liveness," which detects a real person from an image or video in a quick and easy-to-use manner.

While Hoyos is offering its own front-end biometric matching technology, a key differentiator for the Company is its ability to be "biometric agnostic," meaning that the Company's back-end technology can pair easily with any other biometric technology that's already on the market
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SOURCE Hoyos Labs
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