Passwordless Biometric Deal Drives 46% Re-Rating for Identity Security Issuer
Another unnamed Gulf government picking a passwordless biometric stack sent a small identity-security name sharply higher on Thursday. BIO-key International Inc. (NASDAQ: BKYI), a Holmdel, New Jersey provider of Identity and Access Management (IAM) and biometric authentication solutions, rose Thursday after saying a new Middle East government institution selected its PortalGuard platform and passwordless biometric tools to modernize workforce access security. The company did not name the customer, which is common in high-security government IT deals, and disclosed no contract value, ...