This post is part of our live coverage of FinovateAsia 2013.
Second up in this session, BehavioSec demonstrated how it removes the burden of security from the end user:
“User-friendly adaptive user authentication via risk based authentication, or behavioral biometrics, and the reality of legacy systems at our current customers.BehavioSec extended its award-winning BehavioWeb and BehavioMobile solutions to offer policy-based behavior authentication actions.This allows the web fraud detection system to define cause and effect authentication, removing the burden of troublesome security from the end user.”
Presenting Neil Costigan (CEO)
Product Launch: April 2012
Metrics: 1.5M€, 12 employees, university spin out
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms & licensed