As our world becomes more digital, the need for advanced security measures becomes increasingly crucial. F8th Inc., a Toronto-based startup, has developed a cutting-edge solution that uses machine learning to identify users and fraudsters in real-time via hundreds of patterns such as mouse, keyboard, and other inputs. In this startup showcase, we’ll explore how F8th Inc. is disrupting the market with their innovative Behavioural Biometric Analysis (BBA) based multi-factor authentication (MFA) solution and how they’re making the world a safer place to live.
Revolutionizing the Security Market with BBA
F8th Inc.’s BBA-based MFA solution is the key to their success. Unlike traditional MFA methods that rely on static data such as passwords or security tokens, F8th Inc.’s solution uses dynamic behavioural biometrics to continuously authenticate users in real-time. This makes it nearly impossible for fraudsters to gain access to sensitive information or perform unauthorized actions.
The company’s solution is powered by machine learning algorithms that can identify fraudulent behaviour by analyzing hundreds of patterns such as keystrokes, mouse movements, and other inputs. F8th Inc.’s algorithms continuously learn and adapt to new behaviours and can quickly detect and flag suspicious activity. This ensures that organizations can keep their sensitive data safe from cybercriminals.
Awards and Recognitions
F8th Inc. has been recognized for their innovative solution by numerous organizations. They were named the 7th best fraud detection startup company in Canada by Welp Magazine and listed as one of the top 32 Canadian cybersecurity startups in the Government of Canada Trade Commission e-book. They were also nominated for AI Company of the year and selected as one of the 8 finalists to pitch at the largest SaaS conference in Canada.
F8th Inc.’s founder was chosen as one of three cybersecurity experts to discuss the balance between cybersecurity and cyber insurance at the ConnecTechAsia 2020 conference. These recognitions demonstrate the innovative approach F8th Inc. is bringing to the security market and the significant impact they are having in the industry.
Partnerships with IBM and Amazon
F8th Inc. has partnered with tech giants IBM and Amazon to provide their solution to banks, governments, and corporations. With these partnerships, F8th Inc. is well-positioned to disrupt the market and become a major player in the security industry.
The company is on a mission to solve the low multi-factor authentication adoption rate by developing advanced biometric component-based security systems that enforce MFA adoption. Their goal is to provide an alternative to organizations that offers an extra security layer against the world’s biggest criminal growth industry and make the world a safer place to live.
F8th Inc. is an innovative startup that is making a significant impact in the security market. Their BBA-based MFA solution is revolutionizing the way organizations protect their sensitive data and prevent fraud. With partnerships with IBM and Amazon, and numerous awards and recognitions, F8th Inc. is well-positioned to disrupt the market and become a major player in the security industry.
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