Crossmatch’s portfolio of products includes biometric identity management hardware and software that complement HID’s broad portfolio of trusted identity products and services, making HID Global one of the world’s major providers of fingerprint biometric technologies.
“Our acquisition of Crossmatch strengthens HID Global’s ability to offer innovative biometric identity solutions to hundreds of millions of users worldwide,” said Stefan Widing, President and CEO of HID Global. “Adding Crossmatch to our company will extend HID’s market leadership in the trusted identity space and allow us to fulfill the promise of biometrics in critical identity applications.”
Founded in 1996 and based in Palm Beach Gardens, Florida, Crossmatch employs over 270 professionals across a global network of development hubs and strategic sales offices. With the acquisition, HID Global gains industry-leading biometric identity management solutions for civil government, defense and commercial applications, as well as a secure multifactor authentication software solution.
Crossmatch’s public-sector biometrics business enhances HID’s reach into immigration and border control, law enforcement, and military and defense markets with products and solutions that include criminal booking, rapid mobile identification, background checks, security clearance processing, military base access, counter-terrorism and mobile intelligence gathering, visa processing and citizen services.
The Crossmatch commercial biometrics business extends HID’s portfolio to include a broad array of single finger readers, modules, sensors and software developer kits (SDKs) for multiple vertical markets including – retail, financial, healthcare and OEM markets. This is a global business supporting a large volume of integrated partners. Crossmatch is also a leading provider of single fingerprint sensors to point-of-sale (POS) terminal manufacturers and is integrated with the major POS software applications.
HID also gains a unique secure authentication solution, DigitalPersona, that goes beyond the traditional multifactor approach to cybersecurity. DigitalPersona adds an array of risk-based factors, including behavioral biometrics, for secure, frictionless access to Windows and cloud, web, mobile and traditional applications.
“I am very pleased that Crossmatch is joining the HID family. Countering today’s advanced security threats requires innovative, comprehensive identity management solutions incorporating both biometric and non-biometric components. Our market-leading biometric identity management solutions and unique composite authentication solution perfectly complement HID’s already robust offerings. This will enable us to provide our global customers with an even broader range of trusted identity solutions, and our employees with increased opportunity for professional growth,” said Richard Agostinelli, CEO of Crossmatch.
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.