Latest news with #FIDO2
Business Wire
3 days ago
- Business
- Business Wire
OneSpan Accelerates FIDO Leadership With Acquisition Of Nok Nok Labs
BOSTON & SAN JOSE, Calif.--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN) today announced the acquisition of Nok Nok Labs Inc., a leading provider of FIDO passwordless software authentication solutions. By joining forces with Nok Nok, OneSpan is driving the industry towards a more secure future, enabling customers to adopt a wide range of flexible, future-proof authentication options. Combined with OneSpan's recently launched FIDO2 security keys, this strategic acquisition enables the Company to provide customers worldwide with the industry's most innovative, comprehensive, and future-ready authentication portfolio. Whether on-premises or in the cloud, OTP or FIDO, software or hardware—including Digipass, FIDO2 protocols, and Cronto solutions for transaction signing—OneSpan now offers customers maximum flexibility to meet their authentication needs. 'This is more than an acquisition — it's a bold step toward providing customers with maximum choice in authentication,' said Victor Limongelli, CEO at OneSpan. 'We're evolving our entire authentication platform to include FIDO standards because we believe passwordless is an important part of the future. With Nok Nok's world-class technology and FIDO expertise, we now offer the most comprehensive and versatile customer authentication solution on the market.' As a founding member of the FIDO Alliance, Nok Nok has been at the forefront of advancing passwordless authentication standards globally. With a customer base spanning the US, Asia, and Europe, Nok Nok delivers robust, standards-based security solutions trusted by leading enterprises. The company's strong authentication platform ensures seamless integration and scalability, supporting UAF and FIDO2 protocols to meet diverse regulatory and business requirements. Nok Nok leads the industry with innovative solutions that simplify secure user experiences across digital channels. 'Joining OneSpan marks an exciting new chapter for our team and our technology,' said Phillip Dunkelberger, President & CEO at Nok Nok. 'We've always believed that open standards like FIDO are an important part of the future of authentication, and with OneSpan's global reach and innovation engine, we're now poised to bring our vision to an even broader audience.' 'This is an exciting combination for the FIDO Alliance and the authentication market in general,' said Andrew Shikiar, Executive Director & CEO of the FIDO Alliance. 'Nok Nok has been a trailblazer in the FIDO ecosystem, and we're thrilled to see their innovation carried forward through OneSpan's global reach and resources.' With this acquisition, OneSpan plans to integrate the strengths of both companies into a unified, more powerful portfolio that delivers greater value to banking and enterprise customers. About OneSpan OneSpan provides secure authentication, identity, electronic signature and digital workflow solutions that protect and facilitate digital transactions and agreements. The Company delivers products and services that automate and secure customer-facing and revenue-generating business processes for use cases ranging from simple transactions to workflows that are complex or require higher levels of security. Trusted by global blue-chip enterprises, including more than 60% of the world's 100 largest banks, OneSpan processes millions of digital agreements and billions of multi-factor authentication transactions in 100+ countries annually. For more information, go to You can also follow @OneSpan on X (Twitter) or visit us on LinkedIn and Facebook. Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable U.S. securities laws, including statements regarding: our beliefs and expectations about the future of authentication, including passwordless authentication and FIDO standards; our plans regarding Nok Nok Labs, Inc. technology and its integration with OneSpan solutions; and the general impact of, and outcomes from, the acquisition of Nok Nok Labs, Inc. Forward-looking statements may be identified by words or phrases such as "seek", "believe", "plan", "estimate", "anticipate", 'expect", "intend", "continue", "outlook", "may", "will", "should", "could", or "might" and other similar expressions. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Factors that could materially affect our business and financial results include, but are not limited to the factors described in the 'Risk Factors' section of our Annual Report on Form 10-K, as updated by the 'Risk Factors' section of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. Our filings with the Securities and Exchange Commission (the 'SEC') and other important information can be found in the Investor Relations section of our website at We do not have any intent, and disclaim any obligation, to update the forward-looking information to reflect events that occur, circumstances that exist or changes in our expectations after the date of this press release, except as required by law. Unless otherwise noted, references in this press release to 'OneSpan', 'Company', 'we', 'our', and 'us' refer to OneSpan Inc. and its subsidiaries.
Yahoo
22-05-2025
- Business
- Yahoo
SEALSQ Unveils MS6003 Secure Element with Preloaded FIDO2 Application, Accelerating Passwordless Authentication for a Zero-Trust World
Geneva, Switzerland, May 22, 2025 (GLOBE NEWSWIRE) -- SEALSQ Unveils MS6003 Secure Element with Preloaded FIDO2 Application, Accelerating Passwordless Authentication for a Zero-Trust WorldSEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced the launch of the MS6003 secure element chip. Preloaded with a FIDO2 (Fast Identity Online) authentication application, the MS6003 delivers unparalleled protection for identity verification, device integrity, and access control, empowering device manufacturers, OEMs, and system integrators to meet the surging demand for phishing-resistant, passwordless authentication. The MS6003 simplifies the adoption of secure, standards-compliant authentication, enabling customers to reduce time-to-market, streamline compliance, and future-proof their solutions in enterprise, industrial, IoT, and consumer applications. Key Benefits for Customers Rapid Time-to-Market: Pre-provisioned and FIDO2-certified, the MS6003 eliminates development bottlenecks, enabling fast deployment of security keys, embedded modules, USB-C tokens, and secure logon dongles. Compliance-Ready and Scalable: Built on SEALSQ's Common Criteria EAL5+-certified microcontroller platform, the MS6003 meets the most rigorous hardware security standards ensuring global regulatory compliance. Versatile Integration: Designed for diverse applications, including PC OEMs, enterprise endpoints, smart locks, automotive IoT, and consumer devices requiring plug-and-play identity protection. End-to-End Security: Backed by SEALSQ's proprietary Root of Trust and global Public Key Infrastructure (PKI) services, the MS6003 offers lifecycle management, secure provisioning, and over-the-air updates for customers with stringent privacy and regulatory needs. 'The MS6003 is a game-changer for secure authentication, empowering our customers to eliminate passwords, enhance device security, and build digital trust at scale,' said Gweltas Radenac, IoT Business Line Director at SEALSQ. 'By combining our expertise in secure semiconductors with FIDO2's industry-leading standards, we're enabling a safer, passwordless future in an increasingly connected and quantum-threatened world.' Market Context: The Booming Passwordless Security MarketThe global FIDO authentication market, valued at USD 2.16 billion in 2025, is projected to reach USD 15.32 billion by 2035, growing at a CAGR of 18.3%*, driven by rising cyber threats and demand for secure, user-friendly authentication. With 80% of data breaches linked to compromised credentials, FIDO2 standards, endorsed by industry leaders like Microsoft, Apple, and Google, are transforming digital security. The MS6003 positions SEALSQ to capture this growing market, delivering a turnkey solution for passwordless authentication.*Source: About SEALSQ:SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking StatementsThis communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipates will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
SEALSQ Unveils MS6003 Secure Element with Preloaded FIDO2 Application, Accelerating Passwordless Authentication for a Zero-Trust World
Geneva, Switzerland, May 22, 2025 (GLOBE NEWSWIRE) -- SEALSQ Unveils MS6003 Secure Element with Preloaded FIDO2 Application, Accelerating Passwordless Authentication for a Zero-Trust WorldSEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced the launch of the MS6003 secure element chip. Preloaded with a FIDO2 (Fast Identity Online) authentication application, the MS6003 delivers unparalleled protection for identity verification, device integrity, and access control, empowering device manufacturers, OEMs, and system integrators to meet the surging demand for phishing-resistant, passwordless authentication. The MS6003 simplifies the adoption of secure, standards-compliant authentication, enabling customers to reduce time-to-market, streamline compliance, and future-proof their solutions in enterprise, industrial, IoT, and consumer applications. Key Benefits for Customers Rapid Time-to-Market: Pre-provisioned and FIDO2-certified, the MS6003 eliminates development bottlenecks, enabling fast deployment of security keys, embedded modules, USB-C tokens, and secure logon dongles. Compliance-Ready and Scalable: Built on SEALSQ's Common Criteria EAL5+-certified microcontroller platform, the MS6003 meets the most rigorous hardware security standards ensuring global regulatory compliance. Versatile Integration: Designed for diverse applications, including PC OEMs, enterprise endpoints, smart locks, automotive IoT, and consumer devices requiring plug-and-play identity protection. End-to-End Security: Backed by SEALSQ's proprietary Root of Trust and global Public Key Infrastructure (PKI) services, the MS6003 offers lifecycle management, secure provisioning, and over-the-air updates for customers with stringent privacy and regulatory needs. 'The MS6003 is a game-changer for secure authentication, empowering our customers to eliminate passwords, enhance device security, and build digital trust at scale,' said Gweltas Radenac, IoT Business Line Director at SEALSQ. 'By combining our expertise in secure semiconductors with FIDO2's industry-leading standards, we're enabling a safer, passwordless future in an increasingly connected and quantum-threatened world.' Market Context: The Booming Passwordless Security MarketThe global FIDO authentication market, valued at USD 2.16 billion in 2025, is projected to reach USD 15.32 billion by 2035, growing at a CAGR of 18.3%*, driven by rising cyber threats and demand for secure, user-friendly authentication. With 80% of data breaches linked to compromised credentials, FIDO2 standards, endorsed by industry leaders like Microsoft, Apple, and Google, are transforming digital security. The MS6003 positions SEALSQ to capture this growing market, delivering a turnkey solution for passwordless authentication.*Source: About SEALSQ:SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking StatementsThis communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipates will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@
International Business Times
14-05-2025
- Business
- International Business Times
Namrata Barpanda: The Quiet Force Behind Smarter, Stronger Cybersecurity
Cybersecurity has progressed from being an essential technical requirement into an essential business operation as our world grows increasingly connected. Modern corporate cybersecurity operations depend on people who link system functionality knowledge to risk prediction as well as guidance for digital evolution and community-wide resilience development. Namrata Barpanda, a Staff Security Engineer, operates with strategic strength by developing secure systems along with creating resilient defensive culture in cybersecurity. Namrata brings over decades of cybersecurity expertise and detection engineering experience to deliver strategic vision combined with deep technical mastery. She takes security threats as opportunities to engineer systems which track the natural progression of the security landscape. Throughout her career Namrata has worked across various cybersecurity areas including detection engineering and DevSecOps together with threat intelligence, adversary emulation, 5G security and infrastructure security. The true essence of Namrata is defined by her leadership approach which combines awareness with group participation and proactive planning. Breaking Boundaries With Pass wordless Authentication Her significant work includes leading the development of FIDO2 and WebAuthn enable passwordless authentication tools that leverage her expertise. As part of Zero Trust Architecture, this system implements advanced security measures that reinforce corporate defenses for stopping phishing attempts as well as unauthorized access. Through her work, Namrata creates a path to authentication systems that maintain elevated security standards while providing effortless user experiences. Full-Spectrum Technical Expertise Her competencies extend past authentication processes. The extensive domains that Namrata masters include: Web Application Firewalls (WAF), Security Information and Event Management (SIEM), intrusion detection and prevention systems (IDS/IPS), firewalls and proxy servers, bot mitigation and brand protection, vulnerability management and penetration testing, DevSecOps and 5G security among many others, which illustrate her years of cyber defense experience. Proactive Threat Hunting And Real-Time Defense Through her approach, Namrata focuses actively on security matters. She demonstrates expertise in threat hunting, log correlation, behavioral analysis which enables her to identify and stop security threats before they spread throughout the network. Her extensive management of major security incidents coupled with high-volume threat intelligence operations positions her as an essential presence in critical high-risk settings. Adversary Emulation: Thinking Like An Attacker Through her leadership Namrata conducts sophisticated adversary emulation exercises that use MITRE Caldera alongside Atomic Red Team tools. Organizations benefit from these simulation tools to duplicate authentic attacker methods for validating and perfecting their detection systems. The customized attack code Namrata developed targets specific vulnerabilities in her organization's environment which has led to improved security readiness and widened protection areas. Driving Enterprise-Wide Cybersecurity Transformation Namrata's strategic view goes past just technology execution. Through her leadership, Namrata has successfully deployed security embedding programs to change the DNA of major enterprises. In her work, she establishes cybersecurity as an essential tool for innovation and growth that does not create bottlenecks. Through her work, organizations experience faster incident response times while gaining the ability to undertake digital transformation measures safely. Namrata works passionately to promote Zero Trust Architecture. The organizations she leads have adopted Zero Trust frameworks as she guides them from traditional perimeter security models to identity awareness and context-based protection systems. She manages third-party risk management projects which help organizations identify vulnerabilities within their supply chain networks while reducing security threats from external dependencies. Championing Diversity And Future Talent In addition to her technical and strategic work Namrata dedicates herself to the cybersecurity community. She uses her experience by speaking at industry forums and by serving as a mentor to young professionals who aim to create tech and security careers with a special focus on women. As part of her wider vision Namrata focuses on advancing diversity because she believes it will enhance the cybersecurity field with more innovation and greater preparedness for the future. Building Security Culture Of Tomorrow According to Namrata the upcoming path stands plainly visible. Businesses need to establish multiple defense systems which adapt to threatening developments. Organizations need to make people investments while modernizing outdated processes followed by security culture promotion across all departments. Through her leadership Namrata has developed cybersecurity tools while promoting fundamental changes in the way cybersecurity operates. Conclusion Through her work, Namrata Barpanda demonstrates the true value she brings to the cyber landscape, although she keeps it subtle. Her deep technical skills together with foresight and human-centered leadership allow her to create a new generation of cybersecurity that is stronger and smarter for any challenge that comes.
Cision Canada
08-05-2025
- Business
- Cision Canada
Swissbit introduces iShield Key 2: One key for phishing-resistant login and physical access
WESTFORD, Mass., May 8, 2025 /CNW/ -- Swissbit, a leading provider of storage and security solutions, announces the launch of the iShield Key 2, its next-generation hardware authenticator for enterprise and public sector use. Built on the FIDO2 standard, it supports phishing-resistant, passwordless authentication with capacity for up to 300 Passkeys. Pro models add HOTP, TOTP, and PIV smartcard functionality, while the unique MIFARE variant enables combined digital and physical access control. A FIPS 140-3 Level 3 certified version is available for high-security environments. All models feature a compact, industrial-grade design manufactured in Berlin, Germany. At launch, the iShield Key 2 is available with USB-C, with USB-A variants scheduled for release by end of Q2 2025. All models support NFC for contactless use. The portfolio consists of three main lines: iShield Key 2, iShield Key 2 MIFARE, and iShield Key 2 FIPS. Each line is available in a base FIDO2-only version and a Pro version supporting HOTP, TOTP, and PIV. This breadth allows organizations to select the authenticator that best fits their specific requirements and use cases. Variants with FIDO Enterprise Attestation are also available, allowing organizations to restrict access to verified, company-issued security keys. Physical access control and beyond Thanks to NXP's advanced chip technology, the iShield Key 2 MIFARE supports DESFire EV3, enabling true hybrid usage. This allows the key to integrate seamlessly into daily workflows and support custom applications based on MIFARE technology – ideal for use cases such as time tracking, payment, or campus ID cards. Swissbit also offers optional support for leading access control technologies such as HID SEOS and LEGIC advant / LEGIC neon. Update Capabilities All iShield Key 2 models can be remotely updated by using secure channel protocols which allows the provisioning of new firmware versions and applications to devices in the field. About Swissbit Swissbit AG is the leading European technology company for data storage and security solutions. Founded in 2001, Swissbit operates offices in Switzerland (HQ), Germany, the USA, Japan, and Taiwan, and maintains its own semiconductor production facility in Berlin, Germany. PR Contact Swissbit AG Marian Weber Industriestrasse 4 9552 Bronschhofen Switzerland Tel: +49 172 854 88 26 Email: [email protected] - Picture is available at AP -
