|By PR Newswire||
|February 12, 2013 08:01 AM EST||
PALO ALTO, Calif., Feb. 12, 2013 /PRNewswire/ -- Nok Nok Labs is launched today to address the persistent challenges in current approaches to online authentication. Through the company's Unified Authentication Infrastructure, which leverages existing technologies such as fingerprint sensors or webcams, Trusted Platform Module (TPM) chips, or voice biometrics, organizations can easily and securely authenticate to anyone, anywhere and to any device. Nok Nok Lab's solutions provide organizations with the ability to defend themselves and their users against increasingly sophisticated online threats, and deliver more functionality that improves customer service and employee productivity.
Online authentication continues to present a challenge for enterprises, technology providers and users. Despite decades of innovation in computing, the default online authentication method remains usernames and passwords that are insecure and outdated. While there are many technologies that offer additional security, none are easy-to-use or scalable to Internet-size populations. Nok Nok Lab's solutions enable easy-to-use strong authentication that minimizes or eliminates the reliance on user names and passwords.
The vision behind Nok Nok Labs was incubated by Founder and Chief Alliance Officer, Ramesh Kesanupalli. He worked together with the Chief Information Security Officer (CISO) of PayPal, Michael Barrett, who saw the potential to revolutionize authentication and the potential benefit for PayPal, and the online computing ecosystem as a whole. Taher Elgamal, the "Father of SSL," joined the efforts of Kesanupalli and Barrett, providing the critical "glue" to bring together the right people to crystalize the vision for the company. Kesanupalli, Elgamal and Barrett recognized the limits of today's authentication technology and brought together payments companies, authentication providers and device manufacturers to deliver an innovative world-class approach and solution.
"Nok Nok Labs wasn't created to build just a point product, but deliver innovative solutions in four critical areas that go against conventional wisdom in the security market: (i) more secure yet easier to use, (ii) scalable to solve enterprise needs and problems, (iii) able to unify existing technologies, and not another divisive point product, and (iv) cost efficient by building on and enabling legacy technologies," said Phillip Dunkelberger, CEO of Nok Nok Labs. "Nok Nok Labs will provide enterprises, technology providers and their users with an alternative capability to provide simple, secure authentication, and is inclusive of previous technologies. We've put together a world class management team with decades of experience in building standards and solving tough Internet-related problems that will transform the way users interact online."
"By creating an authentication infrastructure that leverages existing technologies such as fingerprint scanning and webcams, Nok Nok Labs is giving businesses the opportunity to authenticate anyone, anywhere and on any device," said Michael Barrett, Chief Information Security Officer at PayPal. "Given the billions of connected Internet devices and future growth of online commerce, PayPal sees a critical need to implement strong yet flexible authentication solutions."
ONSET Ventures and DCM have provided the initial round of venture capital financing for the company and Nok Nok Labs has put together a veteran team that has reshaped the data security, online transaction security and online payments spaces. Board members include Richard A. Clarke, former head of counter-terrorism for the GHW Bush and Clinton administrations and current CEO of Good Harbor Consulting, and Michael Barrett, CISO for PayPal. Nok Nok Labs also boasts an impressive Advisory Board, including:
- Steve Babbage, Distinguished Engineer & Group Chief Cryptographer, Vodafone
- Bob Lentz, Former Deputy Assistant Secretary of Defense for Cyber, Identity and Information Assurance at the Department of Defense
- Dr. Larry Ponemon, Chairman and Founder, The Ponemon Institute
- Nils Puhlmann, former CSO at Zynga and Co-Founder of the Cloud Security Alliance
- Jim Reavis, Co-Founder and Executive Director of the Cloud Security Alliance
- Al Sisto, Venture Partner at Nauta Capital and Chairman of the Board of Agnitio
"Different people have different needs and requirements when accessing applications and data. Users must be uniquely identified and authenticated to preserve confidentiality, establish appropriate boundaries, comply with regulations and provide needed access that allows work to get done," according to Trent Henry, a Gartner Research VP covering identity and security. "As organizations consider how to authenticate users, they face a bewildering array of choices in regard to authenticators, correct processes, mitigating weaknesses and adopting effective standards."
In response to the current lack of open standards in authentication, Nok Nok Labs has joined forces with other industry leaders such as PayPal, Lenovo, Validity, Agnitio and Infineon to establish the FIDO Alliance, a non-profit corporation organized to address market needs and requirements. The FIDO Alliance is developing a new industry open standard to address the lack of interoperability of existing authentication solutions as well as the problems users face with multiple usernames and passwords. This new open standard for strong authentication ("FIDO") will allow any website or cloud application to interface with a broad variety of existing and future FIDO-enabled devices and technologies that the user has available for online security. For more information on the FIDO Alliance, visit www.fidoalliance.org.
About Nok Nok Labs
Nok Nok Labs, Inc., based in Palo Alto, CA, was funded in November 2011 to transform online authentication for modern computing. The company is backed by a team of security industry veterans from PGP, Netscape, PayPal & Phoenix, and have a deep experience in building Internet scale security protocols and products. The company's ambition is to fundamentally transform authentication by enabling end-to-end trust across the web using authentication methods that are natural to end-users and provide strong proof of identity. Our solutions will remediate and unify the authentication silos that exist today, and provide organizations with greater flexibility to utilize strong authentication solutions in adaptable ways. Our technology solutions will allow companies to scale their authentication systems to meet the challenges posed by the rapid growth of users utilizing different Internet-connected devices, performing a wide range of online transactions.
 "Fundamentals of Authentication," January 10, 2013, Gartner Research
Merritt Group, Inc.
SOURCE Nok Nok Labs
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Jul. 29, 2016 12:15 AM EDT Reads: 1,986
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Jul. 28, 2016 11:45 PM EDT Reads: 1,218
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 28, 2016 10:15 PM EDT Reads: 1,438
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Jul. 28, 2016 10:00 PM EDT Reads: 2,098
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Jul. 28, 2016 09:00 PM EDT Reads: 2,711
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Jul. 28, 2016 07:15 PM EDT Reads: 1,233
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 28, 2016 05:30 PM EDT Reads: 2,217
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Jul. 28, 2016 04:30 PM EDT Reads: 1,198
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Jul. 28, 2016 04:15 PM EDT Reads: 1,785
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Jul. 28, 2016 03:45 PM EDT Reads: 1,044
Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. (Nasdaq: YHOO) have entered into a definitive agreement under which Verizon will acquire Yahoo's operating business for approximately $4.83 billion in cash, subject to customary closing adjustments. Yahoo informs, connects and entertains a global audience of more than 1 billion monthly active users** -- including 600 million monthly active mobile users*** through its search, communications and digital content products. Yahoo also co...
Jul. 28, 2016 03:15 PM EDT Reads: 731
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Jul. 28, 2016 03:15 PM EDT Reads: 1,909
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Jul. 28, 2016 12:30 PM EDT Reads: 629
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...
Jul. 28, 2016 12:00 PM EDT Reads: 1,251
IoT generates lots of temporal data. But how do you unlock its value? You need to discover patterns that are repeatable in vast quantities of data, understand their meaning, and implement scalable monitoring across multiple data streams in order to monetize the discoveries and insights. Motif discovery and deep learning platforms are emerging to visualize sensor data, to search for patterns and to build application that can monitor real time streams efficiently. In his session at @ThingsExpo, ...
Jul. 28, 2016 11:15 AM EDT Reads: 1,171
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Jul. 28, 2016 10:45 AM EDT Reads: 1,298
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Jul. 28, 2016 10:30 AM EDT Reads: 856
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
Jul. 28, 2016 10:00 AM EDT Reads: 296
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Jul. 28, 2016 09:30 AM EDT Reads: 1,427
It’s 2016: buildings are smart, connected and the IoT is fundamentally altering how control and operating systems work and speak to each other. Platforms across the enterprise are networked via inexpensive sensors to collect massive amounts of data for analytics, information management, and insights that can be used to continuously improve operations. In his session at @ThingsExpo, Brian Chemel, Co-Founder and CTO of Digital Lumens, will explore: The benefits sensor-networked systems bring to ...
Jul. 28, 2016 09:00 AM EDT Reads: 1,626