These revelations only prove that even as an enterprise spends millions of dollars on cybersecurity solutions to shield its data from being exposed, security breaches continue unabated.
Enterprise login security is now, with Covid-19 making employees to stay home and login to work with normal methods, usernames, and passwords.
This poses a significant risk to enterprises! The most current advanced login systems go to twofactor and multi-factor authentication which uses static ids or passwords.
Over 10 billion passwords have been stolen and on the dark web. Cybersecurity expenditures need help, “The problems lie in leaving the front door unlocked while the rest of the building is reinforced with a metallic structure,” points out Jose Bolaños MD, CEO, Nimbus-T Global inc. Their patented Nimbus-Key ID system is more advanced that most other systems.
The Nimbus-Key ID system issues new dynamically encrypted QRcode and PIN(6) as keys to login to enterprise systems. The system allows employees and professionals to register with the mobile app and uses KYC / AI / Biometrics to validate the user.
To login to the app, you use facial recognition and a master PIN(6).
The employees of an enterprise can experience a highly secured password-less entry into their systems with a Nimbus-Key ID that practically reduces the threat from any unverified identities.
“We have a technology that will lay a foundation for the future of identity and access management,” expounds Dr Bolaños.
The conventional method of authenticating an identity is riddled with problems, and the probability of losing passwords to intruders is very high. On the contrary, the Nimbus-Key ID system, with its introduction of the Dynamically Encrypted MFA, replaces the complexity of passwords and their increased fraud risk.
We have a technology that will lay a foundation for the future of identity and access management
The system has several layers of encryption in the process of exchanging information, which goes beyond the secret socket layers (SSL) within its verified networks.
“Nimbus-Key ID can authenticate a user to multiple systems like enterprises, hospitals, banks, and Salesforce,” says Dr Bolaños. Elaborating on the versatility of the Nimbus-Key ID System, Dr Bolaños mentions how various hospital systems, insurance carriers, and law firms stand to reap its benefits too.
The omnipresent challenge is to securely protect important data from being stolen. For instance, it is paramount for biopharma companies to secure the information pertaining to a new drug being developed. This compelling challenge is precisely what Nimbus-Key resolves.
“Even players in the cybersecurity space see our solution to be very dynamic and a brand-new movement forward,” states Dr Bolaños.
On the telehealth front, the US Federal government closed down two rings that have defrauded the healthcare system of over $1.5 Billion! The Nimbus-Key ID system will be used in the future with our developing blockchain backend to validate the doctor and patient identity and to capture the transaction, CPT, ICD-10, charge that will abolish fraud. In the USA, we have had over 500,000 deaths from opioid overdoses.
One doctor wrote over 1 million pills in one month! The Nimbus-Key ID system will make this go away. A doctor will scan the patient’s Nimbus-Key on their phones, and these ids would go onto the blockchain. Smart contracts will prevent the doctor or patient from exceeding the opioid prescription.
“Our Nimbus-Key ID system will be the global foundation to protect enterprises and as the basis for future developments that will move us to a more safe future”, Dr Bolaños.