How they describe themselves: BehavioSec, a Swedish security startup, does behavioral biometrics in an interesting transparent way.
Their web & mobile offering can enhance traditional username/password/PIN based authentication, bringing the security to a new level without compromising user experience, privacy concerns, or adding complex & expensive hardware.
How they describe their product/innovation: BehavioSec is showing the answer to the mobile security problem at Finovate.
It’s no longer sufficient to enter the correct PIN code or pattern; it has to be entered in the correct way.
BehavioMobile adds a layer of behavioral analytics to a financial app (such as a banking application), making sure it can only be accessed by a typing or swiping sequence that is uniquely connected to that person’s biometrics.
Anyone attempting to access the app has to use the correct pressure, velocity, and acceleration, and they must combine this with the correct sequence speed & key-flight before they can access it.
Key Executives: Neil Costigan (CTO), Olov Renberg (CEO)
Key Board Members: Neil Costigan (CTO, BehavioSec), Sami Ahvenniemi (Founding Partner, Conor Ventures)
Key Investors: Conor Ventures, www.conor.vc
Bus. Dev., Press & Sales: Olov Renberg, CEO, email@example.com
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