Nok Nok Labs officially opened its doors today to introduce client/server-based technology proposed as an innovative foundation for flexible, strong multi-factor security that can be used in e-commerce, Web services or the enterprise.
A new industry group called the Fast IDentity Online Alliance, or FIDO Alliance for short, makes its debut Tuesday to promote adoption in e-commerce and websites an innovative authentication protocol that's intended to bring a higher level of security for online users.
Despite security concerns, businesses are growing more confident in adopting cloud-based services, and in addition are investing more in corporate mobile devices while also allowing employees to use their own in bring-your-own-device mode at work. So it's not surprising that recent security startups are zeroing in on things such as encrypting data held in the cloud or how to safeguard corporate data on BYOD devices.