|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innovation in computing, the default online authentication method remains usernames and passwords that are insecure and outdated.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
SaaS companies can greatly expand revenue potential by pushing beyond their own borders. The challenge is how to do this without degrading service quality. In his session at 18th Cloud Expo, Adam Rogers, Managing Director at Anexia, discussed how IaaS providers with a global presence and both virtual and dedicated infrastructure can help companies expand their service footprint with low “go-to-market” costs.
Jun. 26, 2016 01:00 AM EDT Reads: 728
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Jun. 25, 2016 06:15 PM EDT Reads: 977
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
Jun. 25, 2016 05:00 PM EDT Reads: 663
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, discussed how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He also discussed how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors ...
Jun. 25, 2016 04:30 PM EDT Reads: 737
Digital Initiatives create new ways of conducting business, which drive the need for increasingly advanced security and regulatory compliance challenges with exponentially more damaging consequences. In the BMC and Forbes Insights Survey in 2016, 97% of executives said they expect a rise in data breach attempts in the next 12 months. Sixty percent said operations and security teams have only a general understanding of each other’s requirements, resulting in a “SecOps gap” leaving organizations u...
Jun. 25, 2016 03:00 PM EDT Reads: 960
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Jun. 25, 2016 03:00 PM EDT Reads: 1,518
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Jun. 25, 2016 02:15 PM EDT Reads: 1,005
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jun. 25, 2016 02:00 PM EDT Reads: 966
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Jun. 25, 2016 01:45 PM EDT Reads: 867
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection. In his session at 18th Cloud Expo, Bradley Holt, a Developer Advocate with IBM Cloud Data Services, discussed...
Jun. 25, 2016 01:30 PM EDT Reads: 726
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Jun. 25, 2016 01:15 PM EDT Reads: 1,195
What does it look like when you have access to cloud infrastructure and platform under the same roof? Let’s talk about the different layers of Technology as a Service: who cares, what runs where, and how does it all fit together. In his session at 18th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, an IBM company, spoke about the picture being painted by IBM Cloud and how the tools being crafted can help fill the gaps in your IT infrastructure.
Jun. 25, 2016 12:00 PM EDT Reads: 562
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Jun. 25, 2016 11:45 AM EDT Reads: 1,158
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Jun. 25, 2016 11:15 AM EDT Reads: 1,161
"SpeedyCloud's specialty lies in providing cloud services - we provide IaaS for Internet and enterprises companies," explained Hao Yu, CEO and co-founder of SpeedyCloud, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jun. 25, 2016 11:15 AM EDT Reads: 720
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
Jun. 25, 2016 11:00 AM EDT Reads: 479
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Jun. 25, 2016 11:00 AM EDT Reads: 1,279
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Jun. 25, 2016 10:30 AM EDT Reads: 1,228
Creating replica copies to tolerate a certain number of failures is easy, but very expensive at cloud-scale. Conventional RAID has lower overhead, but it is limited in the number of failures it can tolerate. And the management is like herding cats (overseeing capacity, rebuilds, migrations, and degraded performance). Download Slide Deck: ▸ Here In his general session at 18th Cloud Expo, Scott Cleland, Senior Director of Product Marketing for the HGST Cloud Infrastructure Business Unit, discusse...
Jun. 25, 2016 10:30 AM EDT Reads: 822
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Jun. 25, 2016 10:15 AM EDT Reads: 1,217