WinMagic joins the FIDO Alliance to help reduce the world’s over-reliance on passwords.

MISSISSAUGA, September 14, 2020 - WinMagic, an award-winning encryption, key management, and authentication solution provider, announces today that it has joined the FIDO Alliance, a cross-industry coalition developing open, interoperable authentication standards that reduce reliance on passwords with authentication that is more secure, private, and easier to use.

“WinMagic believes in science and in technology. For cybersecurity in the online world, for the digital transformation, cryptography is the best technology to bring trust into data” said Thi Nguyen-Huu, President and Chief Executive Officer at WinMagic. “We know identity theft is real; we know identity theft leads to network intrusion and to data breaches, which together are among the highest concerns of users and businesses alike. And we know that cryptography – like what FIDO is working on – can move us toward eradicating identity theft problems as we know them.  We believe that with our endpoint presence, combined with encryption, a smooth solution – for all data security needs - will contribute to acceptance of strong remote authentication by the group whose needs transcend technology: the users.  The business users’ main computing device –the laptop – already has a built in crypto-chip, the TPM.  WinMagic’s innovation to leverage the secure and reliable cryptography in the TPM for passwordless authentication allows businesses an easy entry to the passwordless era, with fewest moving parts.”

“The FIDO Alliance is proud of our associate member WinMagic for its dedication to the vision of industry standards for strong authentication. They join a powerful FIDO ecosystem vital to widespread adoption of interoperable, strong authentication that simplifies the user experience while raising security and privacy at the same time,” said Andrew Shikiar, executive director and CMO of the FIDO Alliance.

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About WinMagic

Headquartered in Mississauga, Ontario, Canada, WinMagic, an innovator in the data security industry, is trusted by thousands of businesses to encrypt over 8 million endpoints in 90+ countries. With one console, and uniquely, one unified key management for multi-applications and multi-OS from endpoint, IoT, to servers, and the Cloud, SecureDoc by WinMagic offers businesses the ability to leverage a seamless built-in encryption from the platform provider, combined with sophisticated, multi-platform unified key management and advanced authentication solutions from WinMagic.  For more information, please visit www.winmagic.com or call 1-888-879-5879.

All product and company names herein may be trademarks of their respective owners.

Contact:

Garry McCracken
VP Technology, WinMagic
Garry.McCracken@WinMagic.com