SAN JOSE, Calif.--(BUSINESS WIRE)--Nok Nok, a leader in passwordless authentication for the world’s largest organizations, today announced the latest release of the Nok NokTM S3 Authentication Suite (S3 Suite) that delivers four new capabilities designed to meet the needs of regulated industries, payments markets, and e-commerce organizations. For government organizations or highly regulated industries such as healthcare, finance, and insurance, the new offering simplifies the ability to comply with security and regulatory requirements, including identifying known and unknown devices. Additional new features help e-commerce organizations reduce friction for consumers. Payment companies will also benefit with new features in the S3 Suite that address Secure Payment Confirmation (SPC) for approving high value financial transactions in web browsers.
With the increasing rise in cyber threats, security professionals are faced with heightened complexity. Not only are they navigating how to implement best practices and respond to federal mandates as they develop, but they also must be responsive to their own users and consumers without preventing their access to services or causing user friction. Organizations that are highly regulated industries are also under enormous pressure and must be prepared to respond to and comply with government and industry regulations. The Nok Nok S3 Suite leverages a wide range of authenticators, including biometric and non-biometric modalities to help meet regulatory compliance, address NIST SP800-63 and SP800-157 standards, and support various authentication needs. By integrating with an organization’s security solutions, the S3 Suite provides additional contextual information and leverages scores provided by external risk engines and behavioral biometric systems.
“The war against cyber criminals has not let up and the job of being a security professional continues to be more difficult as new mandates from the White House have been added to the list of compliance requirements. And if you are an international organization, EU and Asia requirements add to the compliance complexity. We are excited to address these compliance needs and broaden the reach of our technology into these regulated markets. Organizations operating in finance, enterprise, e-commerce and government are up against increased pressure to comply and regulation is only expected to become more stringent in the years to come,” said Phil Dunkelberger, CEO of Nok Nok. “We co-founded the FIDO Alliance to make it easier to implement strong, passwordless authentication solutions for consumers and enterprises. Now, we are expanding our offering to companies in key regulated sectors that need to be able to quickly and efficiently respond to the evolving regulations coming from the US and foreign governments.”
New government and regulated industry support includes:
- Passkeys. With the rise in adoption of synced passkeys, regulated organizations need to be able to understand whether users are using their passkey with a known device or on a new device. When new devices are introduced for the first time, regulated organizations typically need to trigger additional verification steps to ensure the device belongs to the legitimate user. With the Nok Nok S3 Suite v9, organizations can easily configure authentication rules that detect the use of new devices and configure methods in order to verify whether the device is used by the legitimate user.
- Support for Security Key Tracking and Inventory. New capabilities allow organizations in highly regulated industries such as healthcare, insurance and banking, to monitor and track users that are using the security key(s) they were given by their employer. With these new product features, organizations can “attest” that a user is using the security key they were issued - not a third party key - and meet security and regulatory requirements.
New E-Commerce and Consumer support includes:
- Synced passkeys. Asking users to provide a password reduces enrollment conversion rates and requiring a password at checkout negatively impacts the checkout conversion. Today’s release of the S3 Suite with synced passkey features allows consumers from any of their devices to access e-commerce sites by easily signing in using biometrics instead of using a password. Additionally, the synced passkey feature enables merchants to reduce friction at sign-up, making it easier to engage personally with the customer, enroll them in loyalty programs, automate billing, and collect specific data which has become more difficult with 3rd party cookies being deprecated.
New Payment support includes:
- Secure Payment Confirmation. While today’s strong customer authentication two-step-verification is more secure, it is still perceived as inconvenient to the consumer. The introduction of W3C Secure Payment Confirmation (SPC) into the S3 platform is similar to integrating a POS terminal into your browser that allows the user to use device biometrics instead of a card and (one-time) PIN. Support for SPC has been added to the EMVCo 3D Secure specification that is widely used for online card payments. For customers in the buying process, SPC dramatically cuts down on friction. This new SPC method extends the existing transaction confirmation capabilities of the Nok Nok S3 Suite making it the first choice for banks, payment service providers, and e-commerce merchants intending to implement delegated authentication.
"We have heard it said many times, removing passwords can improve time and effort spent handling password resets and account lockouts; it reduces friction and improves the user experience, and it can drastically reduce risk," said Jack Poller, senior analyst Enterprise Strategy Group. "As easy as it sounds, the complexity of replacing passwords while still staying compliant in regulated industries or meeting government regulations can be very complicated. Leveraging its history delivering FIDO-based strong authentication into enterprise and consumer markets, Nok Nok rolls out a set of capabilities that will ease the replacement of passwords in some of the most demanding environments. IT and security operations are trying to handle increased complexity in their environments every day; standards-based, passkey solutions should be high on their lists for first defense.”
The Nok Nok S3 Authentication Suite includes an Authentication Server and App SDKs for mobile, web and smartwatch applications. It leverages the security capabilities already present on a user’s device to bring strong and convenient authentication to any application. The S3 Suite enables organizations to easily turn a user’s device into a strong, multi-factor authentication method through support for all FIDO protocols, including passkeys.
With the S3 Suite’s rich set of capabilities, organizations can support the full customer lifecycle from frictionless on-boarding, progressive profiling, easy bootstrapping of new devices, account recovery, suspension and deprovisioning of users, to call center authentication support.
Press assets:
- Nok Nok Authentication Cloud Datasheet
- Nok Nok S3 Suite Authentication S3 Suite 9.0 Datasheet
- S3 Authentication Suite 9.0 Solutions Brief
To learn more about the latest Nok Nok Authentication S3 Suite, please visit: https://noknok.com/products/s3-authentication-suite/.
About Nok Nok
Nok Nok is a leader in passwordless customer authentication and delivers the most innovative FIDO (Fast IDentity Online) solutions for the authentication market today. Nok Nok empowers organizations to dramatically improve their user experience and security, and reduce operating expenses, while enabling compliance with the most rigorous privacy and regulatory requirements. The Nok Nok™ S3 Authentication Suite integrates into existing security environments to deliver proven, FIDO-enabled passwordless customer authentication. As a founder of the FIDO Alliance and an innovator of FIDO standards, Nok Nok is an expert in next-level, multi-factor authentication. Nok Nok’s global customers and partners include AFLAC Japan, BBVA, Carahsoft, Fujitsu Limited, Hitachi, Intuit, Mastercard, MUFG Bank, NTT DATA, NTT DOCOMO, Standard Bank, T-Mobile, and Verizon. For more information, https://noknok.com/.
