Biometric Signature ID Scores an Outstanding 99.97% Accuracy against Identity Fraud from Tolly Group

Biometric Signature ID’s BioSig-ID™ signature gesture biometric technology for identity authentication received a proof-of-performance validation from the Tolly Group’s independent testing lab receiving a 99.97% rating of accuracy
By: Leslie Harris
 
 
BSI's Biometric Signature Reduces Identity Fraud
BSI's Biometric Signature Reduces Identity Fraud
March 15, 2011 - PRLog -- Biometric Signature ID, Inc. (BSI) announced today that the patented BioSig-ID™ signature gesture biometric technology for identity authentication received an outstanding 99.97% accuracy in identifying and stopping imposters from a successful log in from The Tolly Group, an independent third party IT testing company. Additionally, the BioSig-ID software was able to identify legitimate users and permit access at an extremely high rate of 99.78%. Combining these results with a 99% positive user experience rating validates BSI as the newest solution available today for identity fraud reduction. BSI is the only software company with this patented technology that exceeds NIST requirements in the $12.6B Identity and Access Management (IAM) authentication market.

About the 3rd party testing: All testing was completed by The Tolly Group, a premier independent IT test lab. BSI’s BioSig-ID™ software uses a standard mouse and requires no additional hardware. Test subjects were asked to register and enroll in the patented BioSig-ID™ software and create a password consisting of a combination of numbers, shapes or letters. After they created their password, it was stored in an encrypted database and users were asked to validate their identity against this stored password. Test subjects were also asked to challenge the system and "spoof" 20 other users’ passwords. Passwords were as simple as MOM. Tolly engineers measured the effectiveness and accuracy of the BioSig-ID software with 93 test subjects over 3 days. Over 15,000 logon attempts were made during testing.

According to Kevin Tolly President of the Tolly Group, the "BioSig-ID software performed beyond expectations. It is impressive that even simple passwords like MOM could not be broken by subjects who are experienced users of the software."

BioSig-ID™ software measures the unique behavioral characteristics of the way an individual draws with their mouse, stylus, touchpad or finger. Metrics such as speed, angle, # of strokes, direction, order, or length are unique to the individual when they sign or draw. BioSig-ID™ can even distinguish subtle differences amongst users. In contrast, most security solutions including passwords, pins, tokens, or security questions do not authenticate the true identity of the person attempting to log into or access devices.

“We’re pleased that the proof-of-performance validation we received from the Tolly Group was so remarkable,” said Jeff Maynard, president and CEO of Biometric Signature ID. "This test provides our buyers with the confidence that BSI is a highly accurate and viable solution for reducing security risks and eliminating identity fraud.”

BioSig-ID software was designed to only collect behaviors and these can be easily revoked or replaced. Once the criminals have a copy of your fingerprint for example, there's no way you can change this and they have an important piece of your individuality forever. As cyber attacks continue to exploit vulnerabilities in people, processes and technologies, using multi-factor authentication, identity proofing is even more critical to reduce security risks, exceed regulatory compliance requirements and corporate responsibility mandates.

"Other biometric technologies like fingerprint or iris scans, collect physical attributes of the individual from readers or machines but poses significant cost and distribution issues for organizations looking to reduce identity fraud," said Jeff Maynard, President and CEO, of Biometric Signature ID. “BSI’s solution doesn’t require additional hardware and is a low-cost, highly scalable, and user friendly.

BSI’s premier product BioSig-ID™ is a unique biometric handwriting and gesture technology that is activated simply by using a mouse to create an online positive ID and includes their Click-ID technology designed to verify the user’s identity by clicking on specific objects in a selected image. uSignOnline™ enables users to sign contracts online, thereby increasing and protecting revenue while providing proof that the user authorized the action. WinLogon™ is a new product coming in spring 2011 that only allows access by the actual user to their authenticated personal computer or other personal device control. To find out more about BSI and their IAM solutions, please contact the company directly at http://www.biosig-id.com.

About Biometric Signature ID
A Dallas-based software company, Biometric Signature ID, Inc. (BSI), provides solutions to reduce identity fraud through its’ patented BioSig-ID Online™ biometric handwriting and gesture technologies. Activation is from any mouse, stylus, or touchpad on any PC anywhere, anytime. BioSig-ID captures how you write/draw your signature including your speed, direction, angle, and length, which are unique to each individual. Users enroll one time to create a profile (stored in a secure database) and thereafter validate their identity in seconds. BioSig-ID stops identity fraud by restricting access to only registered users who verify themselves against their stored biometric profile. During the past twelve months, BSI has been recognized by Frost & Sullivan for developing the Product Innovation of the Year, and have been vetted by the 17-member advisory committee of the Texas Emerging Technology Fund and granted a commercialization award for their break-through technology. Their identity proofing products have worldwide applications including student ID verification, secure online banking, healthcare records access and identity verifications for Internet-based transactions. To learn more about how BSI solutions can help with your Identity proofing needs visit our web site at http://www.biosig-id.com or call us at (800) 871-2817.

About The Tolly Group
The Tolly Group companies have been delivering world-class IT services for more than 20 years. Tolly is a leading global provider of third-party validation services for vendors of IT products, components and services. You can reach the company by email at sales@tolly.com, or by telephone at +1 561.391.5610. Visit Tolly on the Internet at: http://www.tolly.com

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The Key Practices team specialize in developing and delivering solutions for business improvement in the area of Sales, Marketing, Social Media Marketing, Mobile Web, Search Engine Optimization (SEO), and Video Content Creation www.keypractices.com.
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Source:Leslie Harris
Email:***@keypractices.com Email Verified
Tags:Security, Identity Theft, Hackers, Cyber Attacks, Passwords, Biometrics, Authentication, Tolly Group, Hak, Nist, Hipaa
Industry:Software, Security, Internet
Location:Dallas - Texas - United States
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