TIDMIGP
Intercede Group PLC
08 October 2020
8 October 2020
INTERCEDE GROUP plc
('Intercede', the 'Company' or the 'Group')
Intercede join the FIDO Alliance
Intercede has now joined the Faster Identity Online (FIDO)
Alliance as the company extends its MyID software platform to
manage FIDO as well as PKI based strong authentication.
FIDO is an open industry association with a sole focus on
setting a universal standard for authentication.
Supported natively across browsers, Windows 10 and Android
platforms, FIDO authentication enables end users to authenticate
via fingerprint, facial recognition, voice and security key.
Backed by the likes of Amazon, Apple and Google, FIDO provides a
simple method of authentication for users to securely access their
online accounts.
Simple to deploy, FIDO offers strong authentication based on
secure public/private key technology. Enterprises looking to take
advantage of the strong authentication FIDO provides may still need
assistance maintaining strict control over exactly who is accessing
multiple systems and resources. Intercede plan to address this need
with the release of a new version of MyID.
"We have followed FIDO with great interest for some time. Their
purpose very much fits with ours at Intercede and we are looking
forward to providing expertise on how to optimise FIDO for the
enterprise," said Allen Storey, Chief Product Officer at
Intercede.
Storey adds: "We plan to provide a solution to combine the
standards-based benefits of FIDO with the manageability that
enterprises demand.
"Our next version of MyID will provide fully compliant FIDO
authentication services, combined with the issuance, policy and
lifecycle management capabilities of the MyID platform.
Functionality that will provide IT teams the software they need to
issue, replace, and revoke FIDO credentials for employees and
suppliers."
Adding management to FIDO alongside PKI based credentials,
Intercede see the core benefit being for enterprises who wish to
add FIDO as an option to secure employee authentication to networks
and resources, whether as a standalone authentication solution or
in combination with PKI.
"Our customers are looking to use a flexible range of strong
authentication technologies that best fit the needs of particular
devices, systems and groups of users. PKI, smart cards, virtual
smart cards, mobile devices and FIDO all have a place to play and
with MyID they can all be managed from a single point, enabling
organisations to mix and match authentication technologies as best
fits their needs, while maintaining Enterprise level control over
access credentials.
"We are excited to welcome our newest associate member,
Intercede," said Andrew Shikiar, executive director and CMO of the
FIDO Alliance. "The FIDO vision of universal strong authentication
promises better security, enhanced privacy, more commerce and
expansion of services throughout digital industries. Intercede's
addition to our Alliance supports our industry goal to make user
authentication easier and safer for all parties."
You can find out more about the functionality MyID brings for
enterprises looking to deploy FIDO authentication here:
https://www.intercede.com/fido/
ENQUIRIES
Intercede Group plc Tel. +44 (0)1455 558 111
Klaas van der Leest, Chief Executive
Andrew Walker, Finance Director
finnCap Tel. +44 (0)20 7220 0500
Stuart Andrews, Corporate Finance
Simon Hicks, Corporate Finance
About Intercede
Intercede is a cybersecurity company specialising in digital
identities, derived credentials and access control, enabling
digital trust in a mobile world.
Headquartered in the UK, with offices in the US, we believe in a
connected world in which people and technology are free to exchange
information securely, and complex insecure passwords become a thing
of the past.
Our vision is to make the highest levels of cybersecurity
available to organizations and consumers alike, solving complexity
and scalability issues by managing high volumes of digital
credentials.
We have been delivering trusted solutions to high profile
customers for over 20 years. Our team of experts has deployed
millions of identities to governments, most of the largest
aerospace and defence corporations, and major financial services
and healthcare organizations, as well as leading
telecommunications, cloud services and information technology
firms, providing industry-leading employee and customer credential
management systems.
For more information visit: www.intercede.com
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END
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