NEW YORK CITY – Sept. 22, 2020 – The Authoriti Network (“Authoriti”), an innovative provider of transaction security solutions, announced today its selection by TAG Cyber as a Distinguished Vendor in the 2021 Security Annual.
Authoriti Network is part of an industry collective supporting democratization of cyber security research and advisory materials. Each distinguished vendor was selected by the TAG Cyber Analyst team, led by Dr. Edward Amoroso, CEO of TAG Cyber. The 2021 Security Annual is now available for free download at Tag-Cyber.com.
“We are proud to include The Authoriti Network in our program,” said Amoroso. “By embedding transaction details with user identity, Mark Clancy and the entire Authoriti team are cementing their place in our industry.”
“We’re proud to support the effort of Dr. Amoroso,” said Clancy, President & CEO of Authoriti. “He and the TAG team provide expert analysis and work hard to help with our team’s objectives.”
The 2021 Security Annual is part of an annual series from TAG Cyber that is published each September since 2016. The report offers expert guidance, analysis, and education across the entire cyber security ecosystem.
How the Permission Code® Platform Works in Financial Transactions
Authoriti flips the model on centralized authentication platforms that use “dumb PIN” technology . The Authoriti Permission Code® platform empowers users to originate “Smart PINs,” which embed both their identity and transaction details in a digitally signed, tamper-proof Smart PIN. The innovative user-in-control model improves customer experience and provides absolute transaction security.
Smart PINs can be distributed through any channel without risk of misuse. They eliminate fraud by closing the gap between authentication and execution. Even if an Authoriti PIN is somehow intercepted, it can only authorize the specific transaction that the user originally requested. It is a true transaction-signing solution, delivering an optimized combination of security, usability and cost of ownership.
While the Authoriti Permission Code platform was initially developed for financial institutions, its broad extensibility supports a variety of industries where the need for mobile transaction security is crucial.
About TAG Cyber TAG Cyber is a research and advisory firm focused on democratizing world-class support for everyone. Based in New York City and led by Dr. Edward Amoroso, the firm is proud to support enterprise and government customers around the world.
About The Authoriti Network
The Authoriti Network was founded in 2017 to create new ways of preventing identity theft, fraud, and misuse of data. Our founders have significant leadership experience dealing with InfoSec at-scale in the world's leading financial institutions. Authoriti develops the patent-pending Permission Code® platform, which uses customer-originated smart PINs to give businesses the confidence that every transaction is authorized.
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