Protect Enterprise Access and Verify Identity
On-Demand
PLEASANTON, Calif., April 18,
2024 /PRNewswire/ -- Not being able to verify the
identity of who you are talking to can cost you. The $25M video call deepfake in Hong Kong, the socially engineered ransomware
attacks on MGM and the theft of $16M from baseball great Shohei Ohtani are just three recent examples of
how pervasive and damaging these problems are. The core issue is
that there is no trusted way to verify the identity of the person
on the other end of a phone call. Even with significant investment
in security, businesses are effectively delegating cyberattack risk
assessment to their help-desk workers, participants on company
video calls, or entry-level bank employees — and that's not right
or effective.
iVALT could have prevented all three of these attacks in
one click. iVALT offers the only solution that empowers the call
recipient to demand strong identity verification including
biometrics while on the phone with the caller before any
information is shared or action is taken. The key? Your smartphone.
iVALT's OnDemandID requires proof of the true identity of the
person on the other end of any online interaction, video conference
or phone call. With one click, business associates can verify
themselves and each other. iVALT verifies the caller's biometrics,
device ID and can even verify highly customizable geofencing and
time windowing parameters so you know exactly who you are talking
to. Biometrics data never leaves their phone, and their movements
are not tracked. With five patents and ten pending, iVALT is
uniquely positioned to provide enterprises with the strongest level
of caller identity verification for deepfake and social engineering
call protection and Know-Your-Customer (KYC) checks. iVALT even
allows customers to verify enterprise callers for sales, account
management and customer support. This is all possible from iVALT's
mobile app or by adding iVALT's functionality to an existing
enterprise mobile app.
iVALT enables an innovative extension to the enterprise Zero
Trust Security Model ("trust nothing, verify everything"). It is
time to add phone calls to this proven enterprise strategy as a
standard communications policy. Further, iVALT extends Zero Trust
Identity to over five factors of identity in one click including
device ID, geofencing and time windowing, as well as unique
application IDs and dynamic variables that enterprises can
customize for even greater protection. Enterprise IT, approved
employees and even customers can control geofencing and time
windowing to maximize security.
"With iVALT, everything you and your employees use when you're
at work can use a single identity: phone calls, video conferencing,
online logins, physical access, verification of content, and access
to Internet of things (IoT) devices will only need one click," says
Krishan, CEO of iVALT.
"Our platform couldn't have launched at a better time," adds
Stout, iVALT's chief product officer. "You simply cannot conduct
business safely today if you can't definitively identify who is on
the other end of every enterprise interaction."
To learn more, visit iVALT.com.
About iVALT
iVALT was founded by Baldev
Krishan, PhD, and Brian Stout
in Silicon Valley in 2019 with the mission of enabling mobile-based
biometric authentication for any application, at any time and from
anywhere. iVALT is the first company to implement 1-click to Zero
Trustâ„¢ using biometrics bolstered by multiple identifiers and
OnDemandID, to identify deepfake callers and scams. With the
creation of a personal Universal Biometric ID for all identity
applications: for online, physical access and in-person proof of
identity, iVALT is uniquely positioned to disrupt the $30 billion identity market. Visit iVALT.com for
more information.
Contact:
JP Lincoln
Crier Communications
310.274.1072 x 201
376108@email4pr.com
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SOURCE iVALT