In an interesting twist on two-factor authentication (2FA), a startup is using biometric data on mobile devices to authenticate users remotely.
Reportedly, BindID from identity and access management startup Transmit Security will allow users to authenticate without passwords by using the biometric information stored on their phones.
“BindID is the industry’s first app-less, strong, wearable authenticator that uses device-based biometrics for secure, convenient and consistent authentication of customers,” Transmit Security co-founder and CEO Mickey Boodaei told VentureBeat.
Users must first share their login credentials and biometric data with the BindID instance running at the remote service provider, which will be used to establish their identity at subsequent logins.
According to Boodaei, BindID works not only with cell phones, but also with other biometric devices, such as laptops and tablets. BindID, which runs in the cloud, will help companies implement biometrics-based security without the associated costs of such an installation. He added that the system is being tested by “some of the largest Fortune 100 companies” without going into further detail.
While BindID sounds convenient for users, the move to device-based authentication makes identity protection even more challenging.
Forget passwords, soon you can log in to your laptop with biometrics on your phone