Biometrics for establishing identity can prove to be a game changer for the industry
1Kosmos, the only cybersecurity solution to provide identity proofing and password-less authentication, today announced its expanded partnership with Hitachi Systems Micro Clinic and entrance into the Hyderabad market. As organizations move to formalize remote work policies, the risk for identity fraud is predicted to increase by 80%.
1Kosmos and Hitachi Systems Micro Clinic will work together to mitigate on boarding fraud and tighten identity proofing and government-backed verification for organizations and enterprises in Hyderabad.
1Kosmos advances identity based authentication principles with its standards-certified solution. The company’s platform allows users to establish indisputable identities backed by government issued IDs and verified against live biometrics, which are stored in a decentralized blockchain ledger to ensure the highest level of protection.
As a result, traditional methods of security including usernames and passwords, multi-factor authentication (MFA) and one-time codes (OTC) become obsolete.
Bangalore, October 6, 2021
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