F8th Inc., is developing continuous authentication technologies, to help banks, governments and corporations securing their personal and corporate data by solving their low multi-factor authentication adoption rate.
We know there are a ton of MFA solution on the market, however, according to Microsoft, there is only 11% of adoption rate among the enterprise cloud users due to their setup complexity and danger of complication. Based on IBM, 70% of corporate employee's credentials are already stolen. This problem representing over 80% of the cause of the data breaches' global cost, which this year, is expected to reach 6 trillion dollars.
The F8th multi-factor authentication passively and transparently monitoring human interactions with their devices and create a behavior profile with machine learning. That allows organizations to continuously detect account takeovers, web bot attacks, and insider threats in real-time without the usual complications.
Partnered with IBM and Amazon, we compete in the growing Identity and Access Management market, which last year was a 15 billion dollars value market. We are similar to our competitors TypingDNA and IBM Trusteer, but we are more accurate even without using sensitive data such as location or device information, our implementation takes minutes instead months, and with the highest user's satisfaction, F8th MFA acts behind the scene which enforces an 100% adoption rate. Additionally, it allows organizations to create custom security policies adapted to their needs, and it can be implemented into their web platforms, mobile apps, or employee's workstations.
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