News & Events

News

ACLU cries foul over government use of facial recognition

Advancements in video surveillance technology combined with the rise of artificial intelligence software have opened the proverbial floodgates for the development of facial recognition systems. What was once thought to be a crime-fighting tool for the fictitious detectives of books and movies, facial recognition solutions have garnered increasing interest from real-world organizations in both the public and private sectors.
Read More
News

For Google, No Tracking Means We Still Track You

Google is so intrigued by the places users go that it continues to track their locations even after users turn off the Location History, according to findings from a recent AP investigation conducted by computer-science researchers at Princeton. For a global conglomerate like Google, "no" doesn’t necessarily mean "no" when it comes to tracking user locations.
Read More
News

Michael Spencer invests $40m in Europe-focused hedge fund

Through his personal investment fund IPGL, Mr. Spencer has invested heavily in hedge funds and other business start-ups. Most recently he invested $14.2m in Veridium, a cyber security fintech start-up. Overall, hedge funds’ performance this year has been lackluster.

Read More
News

Google Services Track User Movements In Privacy Faux Pas

Device privacy continues to be a top concern this year as consumers start thinking about when, how and why their personal data is collected. Google is the latest technology giant to find itself in hot water around privacy after a new report alleged that Google services track customers’ movements – even when they opt out.
Read More
News

The Two-Step Process to Fix the Internet’s Identity Problem

In today’s digital world there are nearly 23.14 billion connected devices. Employees across the globe are using these devices to do everything from check personal and corporate emails to access corporate servers all by using their user name and passwords.
Read More
News

Why Aren’t Regulators Fixing MFA Security Standards?

The use of biometric identifications systems in the financial sector is mushrooming as banks, credit card companies, and other institutions adopt them to improve security. Whilst regulations, like the EU’s Payment Services Directive (PSD2) and new ones from The New York State Department of Financial Services (NYDFS), are spurring this by requiring multi-factor authentication (MFA).
Read More
News

Sovrin Network ID Platform Gets Another ‘Founding Steward’

Biometric authentication specialist Veridium itself became a ‘founding Steward’ of the Sovrin Network, an identity platform based on blockchain technology that is intended to become a global, public utility. Founding Stewards commit to support the platform by offering hardware, network, and/or security resources for its operations.
Read More
News

Physical security keys eliminate phishing at Google

Google claims it has completely eliminated successful phishing attacks against its employees through the use of physical security keys and Universal Second Factor. However, John Callahan, CTO at Veridium, an identity and access management software vendor based in Quincy, Mass., noted that there are also benefits to users opting for 2FA via smartphone.
Read More
News

Boston Tech Deals Roundup – Acquisitions and Funding News

Veridium is creating a different approach to enterprise security using biometrics. Investors: Michael Spencer and Michael Powell Location: Quincy
Read More
News

Announcing the 2018 BostonFest Coolest Companies Finalists

Now in its seventh edition, the Coolest Companies is not about winning (okay, okay, it’s also about winning); we see it as a chance to create a spotlight for the companies that have the best culture, or that are working on the coolest stuff—in other words, the places where employees end up being happy.
Read More