By @SimonCocking. Great interview with Neil Costigan, CEO of BehavioSec, see more about Neil in our interview with him here.

Describe the company – the elevator pitch …

BehavioSec is a leading cyber security platform, providing a multi-layered, customer-security solution known as behavioral biometrics.

Our behavioral biometric technology constantly verifies and confirms a user’s identity by monitoring how they naturally interact with their device – through gestures on mobile, mouse movements, keystroke dynamics, and other behaviours – delivering instant identity verification, without impacting the user experience. With customers in American, Asian, and European markets, billions of transactions have been completed using our software, protecting the interests of over 35 million end-users.

How are you different?

Our technology doesn’t just require the user to know a password – our ‘continuous authentication’ algorithmically checks whether the person interacting with device is the device’s actual owner, by tracking the idiosyncratic ways the user behaves.

Why will the company/product do well?

Behavioral biometrics is already transforming digital security. As hackers use increasingly sophisticated methods to gather passwords and passkeys, the unique layer provided by behavioural biometrics will provide an essential security measure for protecting phones, laptops, and IT systems.

Where are you based?

We are headquartered in Stockholm, Sweden. We also established a presence in New York, earlier this year.

When was the company launched?

2007.

What have been your biggest wins to date?

One of the biggest endorsements of our work was when DARPA – the Defense Advanced Research Projects Agency, an agency of the U.S. Department of Defense responsible for the development of emerging technologies for use by the military – started to explore active authentication as a security layer. They were so impressed by what we’d been working on they actually provided funding for us to aid our work.

We are also very proud to have, just last month, launched a partnership with Gemalto, the world’s leader in digital security. Integrating our unique behavioral biometric technology with Gemalto’s authentication solutions will provide scalable, flexible, and compliant protection for banks and financial institutions, while promoting a user-friendly and secure, online experience for consumers.

What type of people (market segment) are you trying to attract to your product?

We provide BehavioSec technology to software developers wanting to integrate artificial intelligence into their programming, to provide their users with greater levels of digital security. Among our partners, we count some of the world leaders in security innovation and specialised technology providers, including Gemalto, Vasco, Monitise, and Kount.

Tell us about your team?

I’m Irish, we’re originally a Sweden-based company, and we have a very international team, with Finns, Scots, Americans, English, and more. We have offices in Stockholm, Luleå, and New York, as well as sales, business and marketing offices around the world.

What are your long term plans for your product/company?

We hope to continue seeing behavioral biometrics adopted by specialised technology providers around the world, to ultimately provide protection for as many people as possible.

What are your favourite tech gadgets?

I’ve been blown away by my Amazon Echo (I’ve got a Google Home, too). It’s one software iteration away from perfection. It’s going to be the IoT UI platform, for quality Spotify, radio, news, etc. At this stage, I already have three throughout the house.

What tech gadgets do you wish you could use to help you?

Something that finally fixes digital calendars and time zones – these are still so primitive.

How do people get in touch with you?

We’d love to hear from people at [email protected]

The password is not dead, yet. Neil Costigan, BehavioSec CEO


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