WidePoint Certifies New Proprietary MobileAnchor Digital Credential for Mobile Devices

Rhea-AI Summary

WidePoint (NYSE American:WYY) has successfully deployed MobileAnchor™, a proprietary derived digital credential for mobile devices, into a Federal Agency. This new product offers enhanced security by generating credentials directly on the device, leveraging hardware-based secure elements and biometric authentication. Key benefits include:

1. Enhanced Security: Direct integration and reduced attack surface.
2. User Convenience: Seamless access and integrated multi-factor authentication.
3. Simplified Deployment: Less overhead for management.
4. Flexibility and Compatibility: Native support by modern operating systems.

WidePoint's executives highlight MobileAnchor™ as a significant advancement in Identity & Access Management solutions, providing the highest level of security for mobile digital credentials.

Positive

• Successful deployment of MobileAnchor™ in a Federal Agency
• Enhanced security features including direct integration and reduced attack surface
• Improved user convenience with seamless access and integrated MFA
• Simplified deployment and management compared to MDM container solutions
• Potential for market expansion to other Federal Agencies and commercial entities

Negative

• None.

Insights

Cybersecurity Expert

WidePoint's introduction of MobileAnchor™ marks a significant advancement in mobile device security for government and enterprise sectors. As a cybersecurity expert, I find several aspects of this development particularly noteworthy:

• Enhanced Security Architecture: By generating digital credentials directly on the device and leveraging hardware-based secure elements, MobileAnchor™ significantly reduces the attack surface. This approach is superior to traditional methods that often involve vulnerable intermediary layers.
• Seamless User Experience: The integration of MobileAnchor™ with native device features like biometric authentication not only enhances security but also improves user convenience. This balance is important for widespread adoption and effectiveness of security measures.
• Potential for Widespread Adoption: The compatibility with existing systems and the reduced need for additional Mobile Device Management (MDM) software could make MobileAnchor™ an attractive option for both government agencies and commercial entities looking to upgrade their security infrastructure.

However, it's important to note that the real-world effectiveness of MobileAnchor™ will depend on its implementation and the specific security requirements of each organization. While the technology shows promise, thorough testing and validation in diverse operational environments will be important to establish its reliability and security efficacy.

Government Technology Analyst

The deployment of WidePoint's MobileAnchor™ in a Federal Agency signals a potential shift in government approach to mobile security. Key points to consider:

• Compliance with Federal Standards: For MobileAnchor™ to be adopted by a Federal Agency, it likely meets stringent government security requirements. This could pave the way for broader adoption across other agencies.
• Cost Implications: The potential cost savings from not requiring additional MDM software could be substantial for government agencies, especially when scaled across thousands of devices. However, the initial implementation costs and potential need for device upgrades should be factored in.
• Interoperability Concerns: While MobileAnchor™ promises better integration with existing systems, government agencies often have complex, legacy IT infrastructures. The ease of integration and compatibility with existing systems will be important for widespread adoption.

The success of MobileAnchor™ in government sectors could have ripple effects, potentially influencing security standards and practices in other high-security industries. However, the typically slow pace of government technology adoption and the need for extensive testing may mean that widespread implementation could take considerable time.

FAIRFAX, VA / ACCESSWIRE / July 30, 2024 / WidePoint Corporation (NYSE American:WYY), the innovative enterprise cyber security and mobile technology provider, announced it has successfully deployed a new product offering into a Federal Agency, a proprietary derived digital credential for mobile devices called MobileAnchor™.

Jin Kang, WidePoint's Chief Executive Officer, stated: "I am excited to announce that WidePoint has successfully developed, tested, and authenticated MobileAnchor™ which is stored directly on the mobile device, providing the highest level of security available. This successful deployment with a Federal Agency is a significant accomplishment among Identity & Access Management solution providers. WidePoint's new MobileAnchor™ can be relied on for support and stability and provides the highest level of security for mobile digital credentials."

Unique benefits of WidePoint's MobileAnchor™ Derived Digital Credential:

1. Enhanced Security:

• Direct Integration: WidePoint's MobileAnchor™ generates a digital credential directly on the device, can leverage device-specific security features, such as hardware-based secure elements (e.g., TPM or SE) and biometric authentication, ensuring high levels of security.

• Reduced Attack Surface: WidePoint's MobileAnchor™ direct integration can minimize potential vulnerabilities associated with additional layers or intermediaries.

2. User Convenience:

• Seamless Access: Users can directly access applications and services without needing to navigate through an additional Mobile Device Management (MDM) interface or container, streamlining the user experience.

• Integrated MFA: WidePoint's MobileAnchor™ can be combined with device biometrics (fingerprint, face recognition) for seamless multi-factor authentication (MFA).

3. Simplified Deployment:

• Less Overhead: Deploying and managing WidePoint's MobileAnchor™ credentials directly on the device can be more straightforward compared to managing credentials within an MDM container, reducing administrative overhead.

4. Flexibility and Compatibility:

• Native Support: WidePoint's MobileAnchor™ can be supported natively by many modern operating systems and applications, ensuring better integration and compatibility.

Caroline Godfrey, WidePoint's Chief Security Officer, stated: "I am extremely proud of the WidePoint team and our partners for bringing this solution to market. The ‘good enough' solutions provided by other vendors often fall short of consistent security. That's why we are so excited about WidePoint's MobileAnchor™. WidePoint's MobileAnchor™ significantly enhances mobile device security to the highest level and allows digital signing of emails and authenticating to federally controlled facilities, information systems, and applications from a mobile smart device."

Jason Holloway, WidePoint's Chief Revenue Officer, stated: "Marketing efforts are already in-progress to other Federal Agencies that currently utilize PIV Smart-Card Credential and similarly to Commercial entities that utilize PIV-I Smart-Card Credentials. We are optimistic that organizations seeking the highest form of security, as well as cost savings recognized by not requiring a MDM software, will welcome WidePoint's MobileAnchor™ as a next generation IAM solution."

About WidePoint

WidePoint Corporation (NYSE American: WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity and Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service (ITaaS), Cloud Security, and Analytics & Billing as a Service (ABaaS). For more information, visit widepoint.com.

WidePoint Investor Relations:

Gateway Group, Inc., Matt Glover or John Yi
949-574-3860, WYY@gateway-grp.com

SOURCE: WidePoint Corporation

View the original press release on accesswire.com

FAQ

What is WidePoint's new MobileAnchor™ digital credential for mobile devices?

MobileAnchor™ is WidePoint's (WYY) proprietary derived digital credential that is stored directly on mobile devices, offering enhanced security, user convenience, simplified deployment, and better compatibility with modern operating systems and applications.

How does WidePoint's MobileAnchor™ (WYY) enhance mobile device security?

MobileAnchor™ enhances security by generating credentials directly on the device, leveraging hardware-based secure elements and biometric authentication, and reducing the attack surface by minimizing vulnerabilities associated with additional layers or intermediaries.

What are the key benefits of WidePoint's MobileAnchor™ (WYY) for users?

Key benefits include seamless access to applications without navigating through additional interfaces, integrated multi-factor authentication using device biometrics, and improved user experience due to native support by many modern operating systems and applications.

How does WidePoint's MobileAnchor™ (WYY) compare to traditional MDM solutions?

MobileAnchor™ offers simplified deployment and management compared to traditional MDM container solutions, potentially reducing administrative overhead and costs while providing a higher level of security for mobile digital credentials.