{"id":411,"date":"2015-01-06T13:41:59","date_gmt":"2015-01-06T13:41:59","guid":{"rendered":"https:\/\/solutionsreview.com\/identity-management\/?p=411"},"modified":"2015-01-06T13:41:59","modified_gmt":"2015-01-06T13:41:59","slug":"intel-acquires-iam-provider-to-relieve-password-fatigue","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/identity-management\/intel-acquires-iam-provider-to-relieve-password-fatigue\/","title":{"rendered":"Intel Acquires IAM Provider “To Relieve Password Fatigue”"},"content":{"rendered":"

\"Intel<\/a>Intel is making a move on the Identity and Access Management market by purchasing Canadian IAM provider PasswordBox<\/a>, according to a report from CIO Magazine’s website<\/a>.<\/p>\n

The technology PasswordBox has allows users to log onto many different websites and services with just one click of the mouse. Here’s how it works:<\/p>\n

“PasswordBox lets users store login credentials in what the company calls a virtual safety deposit box. When surfing the Web, users can click on the sites they want to login to and PasswordBox handles the login.”<\/em><\/p>\n

That’s not the only feature PasswordBox offers according to CIO:<\/p>\n

“PasswordBox also offers a secure way to share account passwords with family, friends or co-workers, and also lets users create encrypted notes and keep track of credit cards, passports, memberships and other sensitive personal data in a digital wallet. A feature called Legacy Locker can be used to transfer account logins after someone dies.”<\/em><\/p>\n

And if you thought that last part was a little creepy, check out this next part:<\/p>\n

“The startup also ventured into biometric security when it partnered with Bionym, the makers of a wristband that uses the unique signature of someone\u2019s heartbeat to validate logins, replacing the PasswordBox master password and providing 3-factor authentication.”<\/em><\/p>\n

Ingenious, but for some reason attaching your log in credentials to one of the organs most responsible for keeping you alive feels a bit off putting, even if it turns out to be effective.<\/p>\n

Intel said that the tech will be added to the company’s “Safe Identity organization within Intel’s Security Group,” according to CIO, although for now the IAM solution is being offered just the same as it always has, with all customers given premium service at no cost until the 2 year old Montreal-based start up is fully incorporated into the technology giant.<\/p>\n

Although the details of the deal were not disclosed, I bet the founders of the 44 employee did quite well, given all the nifty tech they’re handing over. It remains to be seen, however, if Intel intends to take that tech and turn it into an enterprise IAM solution or whether they will keep it a nice free personal identity manager. For a look at the companies that currently offer and enterprise IAM solutions you can link over to our Solutions Directory<\/a> and Buyers Guide<\/a>.<\/p>\n

As mentioned in a previous post, Identity Management is an incredibly hot space right now<\/a>, so you should expect to see lots more Identity Management acquisitions like this in 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"

Intel is making a move on the Identity and Access Management market by purchasing Canadian IAM provider PasswordBox, according to a report from CIO Magazine’s website. The technology PasswordBox has allows users to log onto many different websites and services with just one click of the mouse. 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