Strategic Partnership to Boost Cybersecurity in Africa
LISBON, Portugal and HOLMDEL, N.J. — BIO-key International, Inc. (NASDAQ: BKYI), a leading name in Identity and Access Management (IAM), has partnered with Runlevel, a specialist in cybersecurity, to enhance digital security across Portuguese-speaking African nations and Timor-Leste. This collaboration marks a pivotal step towards addressing the growing cybersecurity challenges faced by financial institutions in these regions.
Runlevel's Role in the Partnership
Joining BIO-key's Channel Alliance Partner program as a Value-Added Reseller (VAR), Runlevel will facilitate the deployment of innovative IAM solutions throughout PALOP countries and Timor-Leste. With cyber threats on the rise, this partnership aims to ensure that businesses and governmental entities in these regions can implement secure, scalable, and compliant identity solutions tailored to their specific needs.
First Major Deployment with a National Bank
The partnership has already successfully onboarded its first client — a national bank in Mozambique. This landmark deployment involves a full suite of BIO-key's biometric IAM solutions, emphasizing the urgent need for robust IAM systems in the financial sector.
Comprehensive Solutions Offered
The solutions being deployed in partnership with the bank include:
- PortalGuard On-Prem
- A highly secure IAM platform featuring Multi-factor Authentication (MFA)
- Enhanced Single Sign-On (SSO) capabilities
A Commitment to Innovative Security Solutions
Commenting on the partnership, Miguel Guerreiro, Managing Partner at Runlevel, stated, “We are dedicated to delivering advanced security solutions that suit the unique challenges faced by clients in PALOP and Timor-Leste. Collaborating with BIO-key empowers us to provide cutting-edge IAM technologies that enhance security, simplify authentication, and ensure compliance. The successful arrangement with our first major client is a strong testament to this partnership and highlights the demand for secure identity solutions in the financial sector.”
Supporting these sentiments, Alex Rocha, International Managing Director at BIO-key, explained, “Runlevel is perfectly positioned to help BIO-key reach Portuguese-speaking markets due to their profound understanding of the local cybersecurity landscape and connections within key enterprises and public institutions. The successful onboarding of a national bank in Mozambique illustrates the significant demand for advanced IAM solutions in these areas and reinforces BIO-key’s expanding role in the financial sector. We are dedicated to providing clients with secure, scalable, and regulation-compliant authentication technologies.”
Company Overview
About Runlevel
Runlevel specializes in providing cybersecurity solutions for Portuguese-speaking African nations and Timor-Leste, helping organizations adapt to the shifting cybersecurity landscape through advanced technologies and expert consultancy.
About BIO-key International, Inc.
BIO-key is reshaping the world of authentication with its biometric-centric, multi-factor IAM software that protects access for over forty million users. Customers can select from diverse authentication options — including phoneless, tokenless, and passwordless biometric choices. The cloud-hosted or on-premise PortalGuard IAM solution is recognized for its affordability, convenience, and secure access to critical systems and transactions.
Frequently Asked Questions
What is the purpose of the partnership between BIO-key and Runlevel?
The partnership aims to enhance cybersecurity solutions in Portuguese-speaking African countries and Timor-Leste, focusing on financial institutions and government agencies.
What type of solutions will be deployed at the national bank in Mozambique?
The bank will implement BIO-key's biometric solutions, including PortalGuard On-Prem, Multi-factor Authentication, and Single Sign-On capabilities.
How does BIO-key secure access for users?
BIO-key provides biometric-centric IAM software, allowing users to choose secure authentication methods that meet their diverse needs.
Why are these solutions critical for financial institutions?
Given the rising cybersecurity threats, these solutions are essential for ensuring robust identity protection, compliance, and streamlined authentication.
Where can I learn more about BIO-key and its services?
You can visit the BIO-key website at www.BIO-key.com for detailed information about their IAM solutions and services.