India Embraces 1Kosmos’ Unified Identity Proofing and Passwordless Authentication, Reaches Million User Milestone
New customers including UnionDigital, Vodafone Idea and AAA deployed BlockID platform to prevent identity impersonation, account takeover and fraud
1Kosmos, one of the world’s leading providers of unified identity proofing and passwordless authentication, today announced significant growth in its user base in India since its launch.
“Customers are recognizing the advanced security and usability benefits of passwordless, which resulted in customers making long-term investments in BlockID,” said Hemen Vimadalal, CEO of 1Kosmos. He continued, “2022 was marked by a significant increase in demand and adoption of the 1Kosmos identity proofing and passwordless platform among medium and large enterprises in virtually all industries.” We are thrilled to announce that leading analyst firms have recognized 1Kosmos as a technology and market leader.
1Kosmos is now handling millions of identities for its employees and end customers. Major corporations, including a prominent bank, use the 1Kosmos platform to easily authenticate and transact with their employees and their customer base running into millions.
This outstanding growth has been reached due to the secure, convenient, and user-friendly services 1Kosmos provides its customers. We are thrilled to share the success of our platform and look forward to growing it further.
1Kosmos provides secure, passwordless authentication and access to various applications while serving millions of identities. Thanks to the advantages of 1Kosmos’ platform, companies have access to simple yet powerful user authentication and management solutions.
“We received great support and guidance from visionary CIOs and CISOs who understood the pressing issue of password complexity, which is subject to increased security breaches. Our solution provides customers with passwordless authentication, which addresses the security issue and offers a smooth and streamlined user experience, said Siddharth Gandhi, COO, Asia-Pacific, 1Kosmos.”
The Indian economy is undergoing a major digital transformation, with the government driving national initiatives such as Skill India and DigiYatra.
“To protect digital identities, 1Kosmos is investing to become a leading player in India. With the growing adoption of cloud technology across the private sector, 1Kosmos is well-positioned to provide secure identity management and authentication solutions in this digital era. We are confident that the Indian markets will be promising, and we are already making a mark,” said Siddharth.
Gartner named 1Kosmos in the 2022 Gartner® Hype Cycle™ for Digital Identity, and 13 other reports.
KuppingerCole has also named 1Kosmos an Overall Leader for Passwordless Authentication, Overall Leader for Verified Identity, and Leader for Reusable Verified Identity, in addition to the Product and Technology Leader for Access Management, and an Innovation Leader in the Leadership Compass Report for Customer Identity and Access Management.
“Our mission is to be the leading provider of secure identity and access management, and these analyst recognitions demonstrate our commitment to enabling organizations to truly secure customer identities and protect sensitive data. With this recognition, and our suite of products and services, 1Kosmos is confident that organizations of all sizes will have access to state-of-the-art security and identity verification solutions,” said Hemen.
1Kosmos enables passwordless access for workers, customers and citizens to securely transact with digital services. By unifying identity proofing and strong authentication, the BlockID platform creates a distributed digital identity that prevents identity impersonation, account takeover and fraud while delivering frictionless user experiences. BlockID is the only NIST, FIDO2, and iBeta biometrics certified platform that performs millions of authentications daily for some of the largest banks, telecommunications and healthcare organizations in the world. The company is funded by Forgepoint Capital and Gula Tech ventures with headquarters in East Brunswick, New Jersey. For more information, visit www.1kosmos.com and follow us on Twitter and LinkedIn.