Home Press releases Crayonic KeyVault™ Replaces Passwords with Biometrics, with Innovatrics Providing Accurate Fingerprint Matching
Passwords are becoming a thing of the past. They’re unreliable, easy to steal or even guess. Multi-factor authentication (MFA) is fast becoming the most implemented remedy, but it can also have its own caveats: mobile phones with SMS codes can be hacked and security conscious computer users are simply too insecure. With Google’s G-Suite recently requiring MFA for all logins and US President Joe Biden’s call for government-wide MFA, the demand for reliable solutions is expected to skyrocket.
Meet Crayonic KeyVault™. This FIDO2-certified smart authenticator and digital identity wallet has it all. It offers multiple security factors in a single device. Besides a PIN code entered via secure display, it offers several biometric options, including fingerprint, handwriting recognition and voice recognition. It can connect to a PC or mobile device via Bluetooth, USB or NFC and can provide user login, digital signing and even physical access. Each aspect of the applications of the device in the network can be set up by the supervisor, balancing network security demands and user comfort. “You don’t need to understand cryptography to reap its benefits. Crayonic KeyVault™ can replace weak passwords to the most used online services with a touch of a finger on an elegant device,” says Peter Kolarov, founder and CEO of Crayonic. Crayonic provides an ecosystem for managing, backing up and restoring the keys, making the solution perfect for security-minded companies and governmental organizations.
At the heart of the fingerprint sensor is Innovatrics’ small area matcher algorithm. It is able to quickly and accurately verify whether the finger on the sensor really belongs to the owner of the Crayonic KeyVault™. Moreover, it’s able to run within constrained hardware requirements, making it ideal for use on smart cards and devices such as the KeyVault.
”It’s a huge challenge to produce a reliable algorithm in such a highly constrained environment and with only a fragment of the whole fingerprint. The fact that we have managed to do so manifests our long-term expertise, “ says Innovatrics CTO Jan Lunter. The algorithm compares a fingerprint on a sensor to the stored fingerprints, which means that no biometric data ever leaves the KeyVault itself and is decentralized from the security point of view.
Crayonic is a European cybersecurity startup and member of the FIDO Alliance, Decentralized Identity Foundation and a signatory to Cybersecurity Tech Accord. Crayonic is building a global network of integration partners delivering its passwordless authentication solution to enterprise customers..
Innovatrics is an independent, trusted partner for biometric identity management technology. The company has completed more than 500 projects in 80 countries with over a billion people having been biometrically processed using Innovatrics software. The award-winning Innovatrics algorithms provide best-in-class speed and accuracy for projects of all sizes and guarantee the highest level of performance.