Herkimer County, New York Selects PortalGuard Identity Management Platform For Secure and Compliant Access

Rhea-AI Summary

BIO-key International (BKYI) announced that Herkimer County, NY has chosen its PortalGuard IAM platform to enhance cybersecurity measures. The platform will equip the County's workforce with secure access to critical data, ensuring compliance with cybersecurity insurance requirements. PortalGuard offers flexibility through multiple authentication methods, catering to the varied experience levels of users. Mark Cochran, President of BIO-key, emphasized the importance of robust access controls in the face of modern cyber threats.

Positive

• Herkimer County selected PortalGuard IAM platform for enhanced cybersecurity compliance.
• The platform supports multiple authentication methods, providing flexibility for users.
• BIO-key's reputation in the IAM market strengthens with the addition of governmental clients.

Negative

• None.

WALL, N.J., Jan. 05, 2022 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of workforce and customer identity and access management (IAM) solutions featuring Identity-Bound Biometrics (IBB), today announced Herkimer County, NY (Herkimer) has selected BIO-key’s PortalGuard IAM platform to provide its workforce with secure access to mission-critical data to meet their cybersecurity insurance requirements.

Herkimer County sought a flexible and agile IAM platform to add Multi-Factor Authentication (MFA) to their security stack to support cybersecurity compliance requirements without disrupting their users’ workflows. Solution flexibility was essential to the Herkimer project because their user groups’ experience levels varied, so they needed a solution that provided enhanced security and optimal ease of use. PortalGuard enables the County's IT team to leverage the platform’s seventeen available authentication methods to allow Administrators and users to choose the method that best fits their workflow and access scenarios at that moment. No headaches, no interruptions - PortalGuard just works while simplifying IT touchpoints. PortalGuard delivers user-friendly, scalable access security that keeps organizations ahead of ever-changing security threats and meets their enterprise compliance goals.

"We are proud to add Herkimer County to our growing community of county government customers," said Mark Cochran, President of BIO-key - PortalGuard. "Especially in the COVID era, getting ahead of emerging threats is a top priority for county governments. We hear from our customers that to be successful in this endeavor, they need to thwart the sophistication of today's cyberattacks with robust access security controls to verify users while also improving the user experience. By leveraging the PortalGuard IAM platform designed for the modern workforce, county governments can secure access to their critical data cost-effectively and meet their compliance requirements without negatively impacting their users."

About BIO-key International, Inc. (www.BIO-key.com)
BIO-key has over two decades of expertise in providing authentication technology for thousands of organizations and millions of users and is revolutionizing authentication with biometric-centric, multi-factor identity and access management (IAM) solutions, including its PortalGuard IAM solution, that provides convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's patented software and hardware solutions, with industry-leading biometric capabilities, enable large-scale on-premises and cloud-based Identity-as-a-Service (IDaaS) solutions, as well as customized enterprise solutions.

BIO-key Safe Harbor Statement
All statements contained in this press release other than statements of historical facts are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"). The words "estimate," "project," "intends," "expects," "anticipates," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe harbor" provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue; our ability to raise additional capital; our ability to protect our intellectual property; changes in business conditions; changes in our sales strategy and product development plans; changes in the marketplace; continued services of our executive management team; security breaches; competition in the biometric technology industry; market acceptance of biometric products generally and our products under development; the duration and severity of the current coronavirus COVID-19 pandemic and its effect on our business operations, sales cycles, personnel, and the geographic markets in which we operate; delays in the development of products and statements of assumption underlying any of the foregoing as well as other factors set forth under the caption see "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2020 and other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the Company undertakes no obligation to disclose any revision to these forward-looking statements whether as a result of new information, future events, or otherwise. Additionally, there may be other factors of which the Company is not currently aware that may affect matters discussed in forward-looking statements and may also cause actual results to differ materially from those discussed. In particular, the consequences of the coronavirus outbreak to economic conditions and the industry in general and the financial position and operating results of our Company, in particular, have been material, are changing rapidly, and cannot be predicted.

Engage with BIO-key:
Facebook – Corporate: https://www.facebook.com/BIOkeyInternational/
LinkedIn – Corporate: https://www.linkedin.com/company/bio-key-international
Twitter – Corporate: @BIOkeyIntl
Twitter – Investors: @BIO_keyIR
StockTwits: BIO_keyIR

BIO-key Media Contact:
Erin Knapp
Matter Communications
BIO-key@matternow.com
914-260-3158

Investor Contacts:
William Jones, David Collins
Catalyst IR
BKYI@catalyst-ir.com
212-924-9800

FAQ

What is the significance of Herkimer County choosing BIO-key's PortalGuard IAM platform?

Herkimer County's decision to adopt the PortalGuard IAM platform signifies a commitment to improving cybersecurity measures and compliance with insurance requirements.

How does PortalGuard enhance cybersecurity for Herkimer County?

PortalGuard enhances cybersecurity by providing secure access to critical data and offering multiple authentication methods tailored to varying user experiences.

What are the benefits of using PortalGuard for identity and access management?

PortalGuard offers user-friendly, scalable access security, allowing organizations to maintain compliance and improve user experiences amid evolving cyber threats.

Who is the President of BIO-key International, and what did he say about the Herkimer County contract?

Mark Cochran is the President of BIO-key International. He stated that adding Herkimer County to their client base highlights the need for robust access security in county governments.

How does BIO-key's PortalGuard address modern cybersecurity threats?

PortalGuard addresses modern cybersecurity threats by offering flexible authentication methods and robust security controls to verify users' identities effectively.