HOYOS Labs’ biometrics open protocol becomes IEEE standard

Biometrics firm HOYOS Labs has announced that the Institute of Electrical and Electronics Engineers (IEEE) has approved standard 2410-2015 or BOPS (Biometrics Open Protocol Standard) as the global standard for identity and authentication on the Internet and mobile devices.BOPS consists of a set of rules that governs and safeguards communications among a variety of client devices, including mobile phones, desktop computers and ATMs. It is a trusted server that manages the acquisition and manipulation of biometric data that's captured by those devices. The BOPS guidelines make use of the U.S. Department of Defense's Trusted Computer System Evaluation Criteria (TCSEC) and are biometric-neutral.HOYOS Labs noted in a statement that it has conducted years of research in the area of biometrics-based authentication, contributing its research to the IEEE, which, through its P2410 working group, further developed BOPS as the global standard for identity and authentication.”Identity is the true currency in today's world. Without proper standardization in place to clearly secure and authenticate someone's identity online in a comprehensive end-to-end manner, we will continue to see a plethora of hacks and cyber-attacks, which cost financial institutions billions and make consumers fear for their personal data,” said Hector Hoyos, co-founder and CEO at HOYOS Labs. “The IEEE has taken a very forward-looking stance in adopting BOPS as the global standard for digital identification and authentication.”As a function of submitting BOPS to the IEEE for review, HOYOS Labs has made the BOPS protocol open to any organization that desires to use it for digital authentication purposes.”BOPS represents a breakthrough in financial transactions. For the first time, financial brokers and customers are offered unique, repeatable assurance that every transaction can be tied to a person without question. The timing could not be better, as banks and financials are moving away from passwords and PINs, as we seek better vehicles to safeguard our data. This level of assurance stands head-and-shoulders above traditional authentication frameworks that suffer hacks on a daily basis,” added Kevin McNamara, CEO of McNamara-Group and formally Vice President of R&D at JPMorgan Chase.”The IEEE defines what the most important and valuable components of technologies are via its standard-setting functions,” said Scott Streit, IEEE 2410-2015 Committee Chairman. “Creating the standard for online authentication of identity is vital to secure the future. Propagating this standard globally will help to defuse the ticking time bomb of cyber fraud and identity theft.”

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