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Iris Biometrics Leader EyeLock Joins the FIDO Alliance to Help Identify More Secure Replacement for Usernames and Passwords
Date:6/10/2013

NEW YORK, June 10, 2013 /PRNewswire/ -- EyeLock Inc., a market leader of iris-based identity authentication solutions, today announced that the company has joined the Fast IDentity Online Alliance (FIDO), to spearhead an initiative to create a safer and more secure digital presence for consumers. 

EyeLock will collaborate with Alliance members including Google, PayPal, Lenovo, NXP, Nok Nok Labs and Validity, among others, to identify and set a strategy on how to eliminate consumers' reliance on passwords. This initiative will focus on creating an open, scalable, interoperable set of mechanisms to easily and securely authenticate users of online services.

EyeLock has created a suite of iris biometric technology products that can be used to accurately, efficiently and securely authenticate identities in both physical and logical environments. Second only to DNA, the iris is the most accurate method of trusted identity authentication. The iris provides a rich matrix of complex, stable and accurate characteristics which EyeLock uniquely translates into a highly scalable instantaneous and reliable method of obtaining identity certainty.

Iris based technology can be used to effectively replace traditional means of digital authentication including vulnerable usernames, passwords and PINS. Currently, consumers rely on these traditional methods of identity authentication to secure their online lives including financial, social and other digital transactions, leaving them at risk for identity theft and hacking. The FIDO Alliance is dedicated to eradicating these issues.

The FIDO Alliance was formed in July 2012 to address the lack of interoperability among strong authentication technologies and remedy the problems users face with creating and remembering multiple usernames and pass
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SOURCE EyeLock Inc.
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