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Tom Jermoluk, the longtime Silicon Valley inventor and investor, feels bad that we're all still using passwords. So he and his longtime business partner, Netscape co-founder Jim Clark, have a new solution.

Due to their large membership pools, the rewards programs offered by top brands represent sizable assets. Attacks against rewards programs are becoming more frequent as they often fly under the radar as potential targets, says Beyond Identity's CEO Jasson Casey.

This past July, Beyond Identity, a passwordless identity management company, announced that it joined the FIDO Alliance. Beyond Identity startup with a mission to empower people and businesses to securely, privately, and effortlessly control their digital identities by restoring trust and building a secure way for user authentication and authorization.

Based on a methodology that equally weighs a startup's ability to attract new customers, current and projected revenue growth, ability to adapt their solutions to growing industries and position in their chosen markets.

Beyond Identity enables secure digital business by replacing passwords with an extended “Chain of Trust” that includes user and device identity and a real-time snapshot of the device’s security posture for adaptive risk-based authentication and authorization.

Controlling access is the basis of all security. The right people should be allowed in, and the wrong people kept out. This is done by confirming – or authenticating – the identity of the person seeking access, and then checking that the person is authorized to enter.

Cyber security vendor Beyond Identity recently commissioned a survey of 1,010 cybersecurity specialists on AI-assisted cyberattacks and found that 75% said that AI use in cyberattacks is on the rise, with one in six respondents reportedly experiencing an AI-fueled cyberattack.

Crunchbase News, Mary Ann Azevedo