Nok Nok Labs Delivers Comprehensive, Risk-Based Authentication
Nok Nok Labs, an innovator in modern authentication and founding member of the FIDO Alliance, today announced the launch and availability of the Nok Nok S3 Authentication Suite-Premium Edition.
The S3 Suite is the first unified platform enabling organizations to leverage standards-based authentication that supports existing and emerging methods of biometric authentication such as fingerprint, iris and voice.
The Premium Edition of the S3 Suite provides organizations with an improved customer experience for mobile consumers, more reliable security, and lower fraud costs through risk-based authentication supporting all current and future FIDO protocols.
Millions of compromised credentials have resulted in countless dollars in lost business for global organizations.
At the present, these organizations have become cognizant of their need to move away from traditional passwords and even SMS one-time passcodes.
“Mobile authentication must evolve beyond today’s password-centric framework, and organizations must start developing a comprehensive risk-based strategy,” said Phillip Dunkelberger, President and CEO of Nok Nok Labs. “As the leader in modern authentication solutions, we recognize the demand in the market for a unified solution allowing a more secure, yet simpler experience across heterogeneous devices, services and operating systems. This enhanced version building on top of our Nok Nok S3 Authentication Suite delivers better authentication assurance with risk intelligence.”
“Customer experience correlates strongly to customer willingness to make another purchase and also builds brand loyalty. This means that every poor online authentication experience increases the risk of customer attrition and lost sales. Creating a consistent, memorable, and enjoyable omnichannel customer experience (CX) must be an obsession for your company.,” wrote Merritt Maxim and Andras Cser in a September 2016 Forrester Research report.
“The variety of authentication use cases covered by the Nok Nok S3 Authentication Suite with its FIDO certified Nok Nok App SDK and Authentication Server demonstrates the potential for FIDO compliant passwordless solutions,” said Brett McDowell, Executive Director of The FIDO Alliance. “Nok Nok Labs’ strategy to support all FIDO protocols in their products to meet customer requirements is putting into practice the framework we’ve architected, and it’s paving the way towards a much stronger authentication ecosystem across all FIDO Certified devices, regardless of protocol.”