Gideon Tahan, CEO
The COVID-19 pandemic has left organizations worldwide with no other choice, but to work from home. Amidst this global crisis, businesses that have stringent data security policies and privacy guidelines are looking for solutions that enable them to effectively monitor employees working from home. In such a scenario, securing the authentication process and the monitoring of employee activities pose a challenge for businesses. “Often, simple tasks such as overseeing employees to validate their online presence becomes difficult for managers,” explains Gideon Tahan, CEO of Face-int. Tahan’s company addresses such workflow discrepancies involving identity verification, along with biometric authentication of user credentials across financial entities such as banks, POS terminals, cryptocurrency wallets, and credit card acceptance portals.
Jerusalem-based Face-int redefines biometric authentication by taking a different path to identity verification than traditional solutions available in the marketplace by steering away from the widely utilized conventional security framework through its a two-way encryption solution. By combining the merits of facial recognition and a patented sophisticated algorithm Face-int has created a revolutionary biometric framework that converts the images of individuals obtained for verification to a deterministic value or hash key that are only encrypted and not decrypted.
By combining the merits of facial recognition and a patented sophisticated algorithm Face-int has created a revolutionary biometric framework
Tahan explains, “There is a standard methodology of exploiting standard 2-way encryption for biometric data, wherein, hackers can decrypt the encryption and obtain user information. With our solutions, the hash information is useless for the hackers because, it's again, Indecipherable by definition”
Moreover, this technology transcends the barriers of biometric authentication, owing to its advantages over conventional methods of identity verification. For instance, typically, biometric technology involving facial recognition requires user-images to be compared with one another, which indirectly providers hackers a database worth of images to be exploited. With Face-int, however, biometric data is transformed into deterministic values of hash functions that do not require the image files to be opened for comparison when performing log in or validation functions. Such an approach adds another layer of security on top of the encryption framework, all the while dynamically updating itself.
Additionally, Face-int’s solution has the upper hand while adhering to the FIDO compliance requirements that mandate companies to surpass the 1:10,000 threshold for false alarms. In fact, the company has already tested its solution for 1:100,000 false alarm cases and plans to improve that ratio to 1:1,000,000 through machine learning technology. The 180-degree image capturing technique employed by Face-int minimizes these false alarms even further.
Face-int—in addition to offering this technology on a myriad of devices and authentication terminals—carries out the entire user identity protection process on the cloud. Therefore, if and when a hacker takes possession of users’ devices, personal information remains inaccessible. By crafting these functions to various use cases, Face-int has helped numerous institutions, banks, POS establishments, airports, and other industries to overcome challenges with user verification. Recently, Face-int was working with a company called IBex Data, which wanted to integrate Face-int’s solution with their bitcoin wallets for enhanced security. The challenge was to secure the private key of the bitcoin wallet, without storing them on a server or a physical computing device. “We don’t save the private key conventionally, as we can derive the same deterministic value from a user’s face, which is again the most secure method to work with the Bitcoin wallet,” says Noam Fraidin, the company's CTO in conclusive remarks, highlighting yet another critical benefit of their solution.