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Home / Press Release / Nok Nok Now Provides Full Passkey Support

Nok Nok Now Provides Full Passkey Support

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    22 Nov 2022
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Press Release

Nok Nok, one of the founding partners in the FIDO Alliance, or “Fast IDentity Online,” is now announcing full support for passkeys to offer digital service providers an alternative to traditional password verification with safer, faster, passwordless authentication combined with passkeys.

Over 80% of successful digital intrusions result from password credential theft, either through sophisticated phishing techniques to steal passwords or personal secrets or user negligence in failing to use strong, secure passwords that are difficult to remember. With digital cyber crime accelerating, single password verification systems are becoming increasingly vulnerable as all it takes is one stolen password to assume significant or complete control of a customer’s system.

Passkeys As A Solution

Passkeys are a phishing-resistant replacement for passwords that provide faster, easier, and more secure sign-ins to websites and apps across a user’s devices. Unlike passwords, passkeys are resistant to phishing, are always strong, and are designed so that there are no shared secrets.  Different user authenticators can be used, such as various biometric factors like face or fingerprint identification, but this is also combined with additional authentication procedures, such as verifying encrypted keys on a personal device, such as a phone, for additional security.

For clients who already support FIDO, the technology behind passkeys, the Nok Nok S3 authentication platform now fully. supports single-device and multi-device passkeys and requires no code changes. For clients who do no already support FIDO, the Nok Nok S3 suite provides passkey support for both single-device and multi-device passkeys on one authentication infrastructure. Integrating passkeys not only makes user registration and sign-in more secure but also makes them faster and less prone to error and frustration.

Improving User Experiences

Because of the ease of passwordless authentication based on passkeys, businesses have found that passkey sign-in dramatically reduces user friction during sign-in while also reducing credential theft from phishing attacks since there are no shared secrets with passkeys. Passkeys are the next-level multi-factor authentication designed to replace passwords. Even though a typical “strong password” is possible with a long string of random alphanumeric characters, these passwords are harder to remember and they still require a second authentication factor such as SMS or email of passcodes.  Passkeys do away with passwords and the need for a second code for authentication (two factor authentication). because the technology behind passkeys provides multi-factor authentication in one simple, user step.

Passwordless authentication with passkeys offer a 99.5% sign-in success rate and typically speeds up the sign-in process for users by anywhere from 100-200%. This means fewer sign-in failures, less frustration, and perhaps most importantly, people not abandoning a service because they find the traditional multifactor authentication process too restrictive, demanding, and inconvenient. Thus, they switch to another service that treats them better.

These initiatives by the FIDO alliance continue to provide more security to businesses and their data, with more convenience and speed for customers. Do you need to learn more about FIDO protocol and moving to a passwordless authentication system, read here to learn more.

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“Transactions using mobile devices are rapidly spreading and it is essential to support both usability and security. By combining Hitachi’s abundant system development capabilities and know-how in the financial system and security related fields, and Nok Nok’s globally deployed and proven FIDO certified products, we achieved this compatibility, which led to this adoption.”

– Mr. Nobuo Nagaarashi, General Manager, Financial Information Systems 1st Division, Hitachi, Ltd.

 

The M in MUFG stands for Mitsubishi, which is a combination of the words mitsu and hishi. Mitsu means three. Hishi means water chestnut, and the word denotes a rhombus or diamond shape.  In partnership with Hitachi, MUFG has enabled passwordless authentication solutions across many of the bank’s apps and services.

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“As an early adopter of FIDO, we’ve seen significant business benefits and are completely on board with continuing to leverage the latest FIDO innovations with our partner, Nok Nok.”

– Rakan Khalid, Group Product Manager, Identity.

 

Intuit has delivered passwordless authentication across mobile applications and devices using Nok Nok’s S3 Suite. The results have reduced customer friction in their Intuit application experience.

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“DOCOMO is a worldwide innovator in providing its millions of customers with simple and strong authentication backed by a standards-based approach.”

– Phillip Dunkelberger, President & CEO of Nok Nok Labs.

 

As one of Nok Nok’s earliest customers, NTT DOCOMO became the first carrier to offer a billing system that is enabled by FIDO, the first to offer a federated Identity system integrated FIDO, and was the first to offer a mobile device that authenticates via the iris biometric modality.

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– Juan Francisco Losa, Global Technology & Information Security Officer.

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“We can no longer rely on passwords for our financial or other sensitive transactions as they are weak, forgotten and easily hacked. We are very pleased with SoftBank’s decision to choose our standards-based authentication platform for their millions of customers.”

– Phillip Dunkelberger, President & CEO of Nok Nok Labs.

 

Millions of SoftBank’s mobile subscribers now have the ability to use biometrics for authentication through the mobile application “My SoftBank Plus”. With this implementation, SoftBank’s mobile users access data with the My SoftBank service using biometrics for a frictionless, simple and fast authentication experience.

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– Michihiko Ejiri, VP, Head of Portal Service Division, Service Technology Unit, Fujitsu Limited.

With the Nok Nok S3 Suite, Fujitsu has provided Aflac customers with strong authentication to their mobile claims payment application using any biometrics on their iOS and Android devices. The solution also provides Aflac and their customers with a scalable method to authenticate users that is interoperable with their existing security environments and reduces or eliminates the reliance on usernames and passwords.

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“For our customers, we only use the most secure products on the market that meet their requirements. Nok Nok perfectly aligns within our product portfolio and we are proud of the very trusted partnership.”

– Lukas Praml, CEO of YOUNIQX.

 

YOUNIQX Identity AG, the award-winning subsidiary of the Austrian State Printing House (OeSD) and Nok Nok partnered to deliver a electronic identity system (eID) for the citizens of the country of Liechtenstein.  This deployment represents the first time that Nok Nok’s FIDO platform has been used to deliver an eID.

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“Nok Nok’s state-of-the-art, standards-based platform will deliver a tremendous user experience,”

– Steve Bell, Chief Technology Officer at Gallagher

When a horse called Joe took too much of a liking to using a car as a scratching post, owner Bill Gallagher Sr. devised a cunning electrical circuit that delivered a shock whenever the horse rocked the vehicle, and in doing so created a company.  Today, with passwordless authentication from Nok Nok, Gallagher is leading the IoT industry with innovative solutions that work in your office and in the outback.

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“Our Forgot Password flows were running at about 65%. After we rolled out FIDO by Nok Nok, our forgot passwords dropped to 7%.”

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Using the Nok Nok S3 Suite, T-Mobile has become a leader in carrier adoption of passwordless authentication. Their solutions have reduced forgotten passwords and dramatically improved customer satisfaction.

Watch Michael Engan from T-Mobile talk about their implementation of Nok Nok’s S3 Authentication Suite at Identiverse 2019.

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