This post is part of our live coverage of FinovateEurope 2014.
Then, BehavioSec demonstrated how its system can remove the burden of security from the end user:
“User-friendly, adaptive user authentication via risk based authentication, or behavioural biometrics, and the reality of legacy systems at our current customers.BehavioSec extended its award winning BehavioWeb and BehavioMobile solutions to offer policy based behaviour 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