- Authentication platform Privakey has launched its Single Sign-On (SSO) solution, Privakey SSO.
- The new offering enables enterprises to leverage passwordless authentication and authorization.
- Headquartered in Philadelphia, Pennsylvania, Privakey made its Finovate debut at FinovateFall 2017 in New York.
Passwordless authentication solution provider Privakey launched its Single Sign-On (SSO) solution last week. Designed for enterprises, Privakey SSO responds to the demand for passwordless authentication as cybercriminals leverage social engineering to take advantage of traditional password-based systems.
“Privakey SSO is designed for speed and simplicity in both implementation and user experience,” company CEO Charles Durkin explained. “Small and medium-sized businesses can have Privakey SSO up and running within hours. Large enterprises benefit from a single, highly secure passwordless gateway to authorized applications and services.”
The new offering leverages a strong cryptographic authenticator to incorporate biometric data, PIN, and passkey for both authentication and authorization. Users supply the biometric or PIN, and a device-based secure passkey provides an additional layer of security by verifying the user’s identity as initially registered. Privakey SSO removes the inconvenience of passwords and out-of-band codes. Businesses can deploy the technology as a standalone, company identity platform, or integrate it to enable passwordless login to enterprise identity solutions from companies ranging from Microsoft to Google to Okta.
“We’ve engineered our solution to be fast, easy to use, scalable, and robust, ready to help you eliminate passwords – the primary target of cybercriminals,” Durkin said. He added that the solution was “ideal” for a variety of verticals including financial services, ecommerce, and IT.
Privakey is currently inviting companies interested in its technology to participate in its Privakey SSO Free Beta Test. The beta testing period runs from January 30, 2024 to May 31, 2024.
Headquartered in Philadelphia Pennsylvania, and founded in 2016, Privakey made its Finovate debut at FinovateFall 2017 in New York. At the conference, the company demoed its cloud-based, password-free alternative to identity authentication that is consistent, convenient, and secure.