BioCatch, the U.S./Israeli startup that has developed "behavioral biometric authentication and threat detection" tech to enable banks and other high-transaction companies to stop online fraud before it happens, has closed $30 million in growth funding.
The selected startups cover a mix of security areas, including mobile behavioral biometric authentication, a BYOD b2b solution relying on sandboxing to reduce risk, and cyber-attack risk assessment and attack simulation products.
For example; multi-factor authentication in biometrics, behavioral analytics, and advanced fraud detection, attributes-based access control, new data protection regulations, using the mobile device as an authenticator for call centers, branch and web, authorization and authentication around open API's, and more.
Along with the popularization of various IT devices such as smart phones, Kinect, and stereo cameras, a number of studies have been conducted to show that gestures can be used as a good behavioral biometric signal for user authentication.
The other security layer now being deployed to authenticate identities is behavioral analytics, which is used to complement multifactor authentication.
For both reasons, regular monitoring of all strains being housed should be performed by trained personnel, and any unexpected behavioral observations should be evaluated with authentication testing.
BEHAVIOSEC Neil Costigan Sweden Their pitch: Continuous authentication for web&mobile through patented behavioral biometrics.
Then we have new authentication technologies such as face, voice, fingerprint, and behavioral.
Biometrics authentication refers to establishing identity based on the physical and/or behavioral characteristics of a person such as face, fingerprint, hand geometry, iris, voice, way of walking, and so forth.
Biometric identity verification refers to technologies used to measure human physical or behavioral characteristics, which offer a radical alternative to passports, ID cards, driving licenses or PIN numbers in authentication.
