ID R&D Granted Patent for Voice-Based Device Unlocking

Rhea-AI Summary

ID R&D, a Mitek Systems company, has been granted a new patent (US 11,941,097 B2) by the US Patent and Trademark Office for a method to unlock devices using unspoofable voice authentication. This technology leverages advanced neural networks to authenticate users by analyzing detailed voice characteristics and detecting fake voices.

This patent aims to protect against Gen-AI-related fraud, including deepfakes and voice clones, ensuring secure access to mobile devices, smart devices, and other IoT technology. The market for voice as an interface is projected to grow at a CAGR of 21.3% from 2023 to 2030.

Besides enhancing device security, the technology supports secure, voice-based interactions across various applications, such as smart homes and vehicles. ID R&D's president, Alexey Khitrov, emphasizes the importance of this innovation in streamlining user experience and preventing unauthorized access, reinforcing ID R&D's leadership in voice security technology.

Positive

• ID R&D secured a new patent for voice-based device unlocking (US 11,941,097 B2).
• The technology uses advanced neural networks to authenticate users and detect fake voices.
• The voice interface market is projected to grow at a CAGR of 21.3% from 2023 to 2030.
• The patent enhances security against Gen-AI-related fraud, including deepfakes and voice clones.
• Supports secure voice-based interactions for smart homes, vehicles, and other applications.
• Reinforces ID R&D's position as a leader in voice security technology.

Negative

• None.

Insights

Tech Expert

The issuance of this patent by ID R&D signifies a major leap in voice-based device security. The incorporation of advanced neural networks to differentiate between real and fake voices is particularly noteworthy. This technology not only secures user devices but also has applications in a variety of IoT devices, enhancing the entire ecosystem's security. With the rising incidences of deepfakes and voice clones, this innovation addresses a pressing concern. It positions ID R&D and Mitek Systems as pioneers in the field, potentially improving their competitive edge.

Furthermore, with the voice interface market projected to grow significantly, technologies like these will become increasingly valuable. The ability to authenticate users via voice while preventing spoofing attacks can attract partnerships and integrations with other tech companies, driving revenue growth.

Market Research Analyst

This patent positions ID R&D well within a growing market. The cited CAGR of 21.3% for voice interfaces underscores the potential revenue opportunities. By advancing in voice authentication, ID R&D can tap into various sectors, including mobile devices, smart homes and automotive. This diversification means the company isn't reliant on a single market, potentially stabilizing revenue streams.

Additionally, the emphasis on anti-spoofing measures addresses a major consumer concern: security. Effective marketing of this feature can differentiate ID R&D's offerings from competitors, appealing to security-conscious consumers and enterprises. This could drive market share growth, important for long-term success.

New Patent Introduces Unspoofable Voice Authentication to Protect User Devices

NEW YORK--(BUSINESS WIRE)-- ID R&D, a Mitek Systems company, and a leading provider of AI-driven biometric solutions, is pleased to announce the issuance of a new patent by the United States Patent and Trademark Office for the Method and Device for Unlocking a User Device by Voice (US 11,941,097 B2). The granting of this patent marks a significant milestone in our commitment to advancing human-computer interaction. It also reflects our team's dedication to excellence and reinforces our position at the forefront of voice authentication technology.

The role of voice as an interface for a variety of IOT and “smart” devices is expected to grow at a compound annual growth rate (CAGR) of 21.3% from 2023 to 2030, fueled by the emergence of Generative-AI and Large Language Models (LLMs). According to the Federal Trade Commission (FTC), evidence already exists that the same Gen-AI technology that is creating opportunities is also being used to create deepfakes and voice clones to facilitate imposter scams, extortion, and financial fraud. This latest patent from ID R&D's integrates voice biometrics with anti-spoofing measures for keywords and short requests, ensuring secure voice-based access to mobile devices, ­­­­­ smart devices and other IOT technology, as defense against Gen-AI-related fraud.

The patent introduces a technology that uses advanced neural networks to protect personal data on devices by verifying if a voice matches the authorized user's detailed voice characteristics. It also detects if the voice is real or fake, ensuring only genuine users can access their information. Beyond its role in device security, the patented technology opens avenues for secure voice-based interactions across a diverse pool of applications. Users can unlock and manage IoT devices within their homes, enhance vehicle security through hands-free operation, and activate personalized settings in smart environments like connected offices or homes.

"As a founder and biometrics veteran, I recognize that innovative technology is crucial for streamlining user experience and providing robust protection against fraud and unauthorized access, particularly in the voice domain," said Alexey Khitrov, President of ID R&D. "By harnessing the inherent simplicity of voice control, we ensure secure access across a multitude of devices, including smartphones, PCs, and smart home systems. This positions ID R&D as a leader in the innovation of voice security."

About ID R&D:

ID R&D, a Mitek company, is an award-winning provider of AI-based voice and face biometrics and liveness detection. With one of the strongest R&D teams in the industry, ID R&D consistently delivers innovative, best-in-class biometric capabilities that raise the bar in terms of usability and performance. Our proven products have achieved superior results in industry-leading challenges, third-party testing, and real-world deployments in more than 70 countries. ID R&D’s solutions are available for easy integration with mobile, web, messaging, and telephone channels, as well as in smart speakers, set-top boxes, and other IoT devices. ID R&D is based in New York, NY. Learn more at www.idrnd.ai.

Follow ID R&D on LinkedIn, YouTube, and read ID R&D’s latest blog posts here.

About Mitek

Mitek (NASDAQ: MITK) is a global leader in digital access, founded to bridge the physical and digital worlds. Mitek’s advanced identity verification technologies and global platform make digital access faster and more secure than ever, providing companies new levels of control, deployment ease and operation, while protecting the entire customer journey. Trusted by 99% of U.S. banks for mobile check deposits and 7,900 of the world’s largest organizations, Mitek helps companies reduce risk and meet regulatory requirements. Learn more at www.miteksystems.com.

Follow Mitek on LinkedIn and YouTube, and read Mitek’s latest blog posts here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240523628223/en/

pr@miteksystems.com

Source: ID R&D

FAQ

What is the new patent granted to ID R&D?

ID R&D has been granted a patent (US 11,941,097 B2) for a method to unlock devices using unspoofable voice authentication.

How does ID R&D's new patent contribute to device security?

The patent uses advanced neural networks to authenticate users by analyzing detailed voice characteristics and detecting fake voices, ensuring secure access to devices.

What is the projected growth rate of the voice interface market?

The voice interface market is expected to grow at a compound annual growth rate (CAGR) of 21.3% from 2023 to 2030.

How does ID R&D's patent address Gen-AI-related fraud?

The patented technology protects against Gen-AI-related fraud, such as deepfakes and voice clones, by ensuring only genuine users can access the devices.

In what applications can ID R&D's voice authentication technology be used?

The technology can be used in various applications, including smart homes, vehicles, and other IoT devices for secure voice-based interactions.