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ProxToMe Named in Top Five IAM Companies to Watch by OWI
"The next big thing for IAM is to expand into the Internet of Things and connect people to physical objects," said Carlo Capello, Co-founder and CEO of ProxToMe. "Digital identities merging to physical entities will give rise to new cyber-attacks;
Among the report's findings are the following observations:
● The next generation of Identity & Access Management (IAM) will be focused on identity tools and trust and safety mechanisms that help organizations responsibly govern all parties who engage with their brand.
● The introduction of identity and the concepts of trust and safety as key focal points of these technologies, in addition to centralizing the management of consumers, are the two most notable trends in the space today.
● Robust security models today are successful at distilling the security problem into its core components; identity, valuable assets, and the access relationships between these two continually evolving things.
ProxToMe offers a new solution for proximity authentication to IoT devices. With ProxToMe integrated in a companion app, mobile users can access a host device such as ATMs, POS terminals, printing machines, workstations and others by just tapping or waving their Android or iOS phone. Businesses integrating ProxToMe benefit from a secure, cross-platform and easy to integrate technology that uniquely protects from man-in-the-middle attacks targeting the communication between user's smartphone and host device. End users can enjoy a cool contactless (no pairing needed) and password free authentication experience.
"IAM should be thought of as the entire set of processes and technologies that ensures that the right people can access the right assets at the right time for the right purposes," said Travis Jarae, CEO of OWI. "The breadth of products on the table no longer adds sufficient value; instead, the ability for vendors to show they understand identity and some of its key challenges is the key differentiator today."
For more information, download the full report here (http://oneworldidentity.com/
OWI is an independent identity research and strategy company focused on cybersecurity, digital commerce, and risk management. We help businesses, investors, and governments stay ahead of market trends so they can build sustainable, forward-looking identity-enabled products and strategies. We accomplish this by building community and facilitating dialogue through our events, the KNOW Identity Conference, as well as servicing the community with our educational content, news, media, independent research, and consulting.
Visit OWI at www.oneworldidentity.com for the latest in identity news, events, opinion and research.