BIO-key's Commitment to Cybersecurity Excellence
MADRID and HOLMDEL, N.J. — BIO-key International, Inc. (NASDAQ: BKYI), a global leader in Identity and Access Management (IAM) and biometric solutions, is making significant strides in the cybersecurity landscape by joining the ISMS Forum. This move comes at a crucial time for organizations worldwide as they increasingly face threats to their digital identities and sensitive information.
Why Joining ISMS Forum Matters
By becoming a member of the ISMS Forum, Spain’s premier cybersecurity body, BIO-key aims to contribute actively to initiatives designed to improve identity management and cybersecurity frameworks. The collaboration emphasizes BIO-key’s dedication to resilience against cyber threats while helping organizations to align with best practices in information security and data protection.
Engagement in Key Cybersecurity Initiatives
As part of its membership, BIO-key will delve into various initiatives aimed at fostering innovation in identity and access management. The company is particularly focused on exploring:
- Collaboration with other members to establish and promote cybersecurity and identity management standards that enhance security across multiple sectors.
- Advocating compliance with essential European regulations such as the Network and Information Security Directive 2 (NIS2) and the General Data Protection Regulation (GDPR), ensuring organizations meet critical regulatory requirements.
- Enhancing security frameworks through their expertise in Identity-Bound Biometrics (IBB), Multi-factor Authentication (MFA), and Single Sign-On (SSO).
- Engaging with leading cybersecurity professionals to tackle evolving threats and compliance challenges effectively.
- Participating actively in ISMS Forum events, workshops, and working groups dedicated to enhancing cybersecurity measures for digital identities.
The Vision Shared by Industry Leaders
Roberto Barata, President of ISMS Forum, expressed optimism about the partnership. He mentioned, “We are thrilled to welcome BIO-key to our esteemed forum. Their expertise in biometric authentication and Zero Trust security will enrich our community and help us achieve our goal of promoting a secure digital environment in Spain.”
Alex Rocha, International Managing Director at BIO-key, added, “Partnerships such as this are paramount for advancing cybersecurity resilience and protecting digital identities worldwide. By joining the ISMS Forum, we have the opportunity to collaborate closely with policymakers, industry leaders, and cybersecurity experts to refine identity and access management strategies in Spain.”
About BIO-key International, Inc.
BIO-key is transforming how organizations approach authentication and cybersecurity through its innovative biometric-centric, multi-factor identity and access management (IAM) software. With more than forty million users secured, BIO-key provides various authentication methods balancing convenience and security tailored to unique use cases. Their IAM solution, PortalGuard, whether cloud-hosted or on-premise, streamlines secure access to online transactions and sensitive information.
Connecting with BIO-key
BIO-key offers numerous platforms for engagement, including:
- Facebook: facebook.com/BIOkeyInternational
- LinkedIn: linkedin.com/company/bio-key-international
- X: @BIOkeyIntl
Investor Relations
For investors seeking specific information, they can connect with BIO-key via:
- X: @BIO_keyIR
- StockTwits: @BIO_keyIR
For inquiries, investors can reach out to William Jones and David Collins at Catalyst IR: BKYI@catalyst-ir.com or call 212-924-9800.
Frequently Asked Questions
What is the purpose of BIO-key joining the ISMS Forum?
The main purpose is to enhance cybersecurity practices and contribute to information security standards within Spain.
How does BIO-key contribute to cybersecurity?
BIO-key enhances cybersecurity through its expertise in biometric authentication and identity management solutions.
What is the significance of NIS2 and GDPR in this context?
NIS2 and GDPR are pivotal regulations that BIO-key aims to support compliance with, ensuring organizations protect data and manage risks effectively.
Who is Roberto Barata?
Roberto Barata is the President of ISMS Forum, leading initiatives to enhance cybersecurity practices in Spain.
What solutions does BIO-key offer?
BIO-key provides a range of IAM solutions, including biometric authentication options and multi-factor authentication strategies, securing users across various industries.
