iCrypto is changing the face of user authentication, concludes distribution relationship with Inobits Middle East


Johannesburg, 10 May 2019

Launched in the United States in 2017, multi-factor authentication and vetted identity solutions provider iCrypto is reinventing how organisations ensure the authenticity of the individuals their customers are doing business with.

"In the complex digital landscape, traditional user names and passwords do not provide the level of cyber protection required, especially given the importance of personal data and the evolving regulatory environment. Compromised passwords are a significant cause of fraud in business today. So, instead of focusing on this more traditional approach, iCrypto takes the authentication process to the next level by providing a solution that integrates with the business processes of an organisation," says Vasilis Polychronidis, Chief Executive Officer of iCrypto.

Featuring an extensive offering that encompasses multiple authentication factors such as fingerprint scans, photographs, facial recognition, user behaviour, and PINs, iCrypto is the most comprehensive solution of its kind in the market today. It alleviates the complexity when it comes to companies having to engage with employees, vendors, customers and other stakeholders on digital platforms.

Given the importance of the iCrypto approach in the digitally connected landscape today, Inobits Middle East (ME) has recently secured the distribution rights for iCrypto in the Middle East region. The organisation has extensive distributor experience as it has been the sole regional distributor of K2 Digital Process Automation Software in the Middle East since 2005.

Inobits ME will leverage its extensive channel experience and knowledge of the region to introduce iCrypto to the organisations that will benefit from the highly sophisticated, secure and innovative solution.

By verifying the identity of each individual user, iCrypto empowers a business to easily assign specific rules to that person. This can include anything from access to the office to the kind of data and applications a person uses.

"Unfortunately, when it comes to security procedures, many companies can complicate things and sacrifice functionality for protection. However, iCrypto is designed to do authentication as frictionless as possible to ensure that daily operations take place unhindered," he says.

Using iCrypto, a user initially undergoes an authentication process to verify themselves. In turn, this identity is linked to their mobile device providing an audit trail in the event of any queries or concerns. The solution is completely scalable and effectively manages a traditionally complex process.

"iCrypto is a cyber security platform for the digital and always connected business environment. Adhering to all regulatory requirements, we are giving businesses the ability to overhaul traditional authentication systems in a cost-effective and reliable manner," he says.

"iCrypto provides our customers, partners, and the Middle East market with a unique offering that complements the rapid digital transformation we have been experiencing. It bridges a security gap that forward-thinking organisations are challenged with. Over the past few months, Inobits has been upskilling on sales, technical and support resources to ensure that our customers receive the level of service and support they have become accustomed to," says De Wet Klopper, Managing Director of Inobits ME.

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iCrypto

iCrypto enables organisations to eliminate risks such as identity theft, access breaches, data breaches, ransom attacks and more, while enforcing compliance through a low friction patented mobile-centric technology leveraging device/network biometrics and tokenised identity. Providing true biometrically-tied identity of participants in any workflow and being able to hold them accountable is key to ensuring trust and creating certainty of who is authorised to access or transact in an ever-evolving digital world.

iCrypto provides a scalable and customisable software as a service solution, with capabilities including ID aggregation, strong mobile-centric (biometric) authentication, verifications, authorisations and attestations (immutable audit trails) across the organisation. It enables all-round accountability, governance and audit compliance, non-repudiation, increased productivity and profitability.

Inobits ME

Inobits ME is the sole regional distributor for K2 software and iCrypto software in the Middle East. Established in Dubai in 2002, the Inobits ME team is dedicated to enabling its customers to digitally transform their business operations through secure digital process automation.

Editorial contacts

Tallies Taljaard (Blue Label Ventures)
iCrypto
(+27) 11 523 3030
TalliesT@blts.co.za