PayPal, Lenovo, Agnitio, Infineon Technologies, Nok Nok Labs, and Validity have partnered to change online authentication. The six companies have founded the Fido Alliance to revolutionize online authentication with an industry supported standards-based open protocol.
Michael Barrett, FIDO Alliance president and PayPal Chief Information Security Officer said, “The Internet – especially with recent rapid mobile and cloud expansion – exposes users and enterprises, more than ever before, to fraud. It’s critical to know who you’re dealing with on the Internet. The FIDO Alliance is a private sector and industry-driven collaboration to combat the very real challenge of confirming every user’s identity online.”
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