Fingerprints™ receives purchase order for fingerprint sensor modules, valued at over USD 1m, from global FIDO solutions provider
10 July 2024 - 4:00PM
UK Regulatory
Fingerprints™ receives purchase order for fingerprint sensor
modules, valued at over USD 1m, from global FIDO solutions provider
The order that Fingerprint Cards AB (Fingerprints™) announced
today demonstrates the positive demand trend for biometric
authentication for logical access control, particularly in
FIDO-certified products. Our customer will integrate Fingerprints’
biometric technology in its FIDO security keys.
In recent years, several serious cyber-attacks have heightened
the focus on IT security among company directors and politicians.
These attacks are frequently enabled by compromised passwords,
fueling interest in alternative authentication methods. The human
factor has long been considered the weakest link in IT security,
with passwords contributing significantly to this vulnerability. To
address this challenge, biometrics is playing an increasingly
crucial role, either as a standalone solution or as part of
multi-factor authentication systems.
Hila Meller, Fingerprints’ Chief Revenue Officer, commented: “We
have recently seen a growing demand for biometric logical access
solutions, and specifically FIDO certified solutions. Zero Trust
networks put secure identities at the core of their Security
controls and drive a need for strong password-less authentication
solutions.”
For further information, please contact:
Hila Meller, Chief Revenue Officer
Investor Relations:
+46(0)10-172 00 10, investrel@fingerprints.com
Press:
+46(0)10-172 00 20, press@fingerprints.com
About Fingerprints
Fingerprint Cards AB (Fingerprints) – the world’s leading
biometrics company, with its roots in Sweden. We believe in a
secure and seamless universe, where you are the key to everything.
Our solutions are found in hundreds of millions of devices and
applications, and are used billions of times every day, providing
safe and convenient identification and authentication with a human
touch. For more information visit our website, read our blog, and
follow us on Twitter. Fingerprints is listed on Nasdaq Stockholm
(FING B).
- 240710 - Fingerprints receives Access FIDO order
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