Business Wire

Intercede’s MyIDaaS Eliminates Workplace Passwords


Today, digital identity and credentials expert Intercede announced MyID as a Service (MyIDaaS), a convenient and affordable cloud-based ‘strong credentials’ service for enterprises. With 25% of breaches involving ‘internal actors’, and 81% of hacking related breaches exploiting stolen or weak passwords1, user authentication is currently the weakest link in the security chain and the potential for catastrophic business impact is real.

To navigate this environment, MyIDaaS removes the need for passwords completely, replacing them with unique, highly secure, government-grade digital identities and an authentication process that enhances the user experience. Critically, MyIDaaS is designed to provide this level of security in a cost-effective manner, allowing enterprises to strengthen authentication methods without compromising budgets.

Recognising the vulnerabilities associated with today’s digital economy, regulators across the world are establishing rules to ensure that security not only catches up with internet development but seeks to “future proof” interconnectivity from emerging threats.

For example in the US, President Trump’s Executive Order on Cybersecurity requires public and private providers of critical infrastructure and digital services to ensure that the highest recommended standards for cybersecurity are applied universally. This is manifest in New York State 23 NYCRR 500 Cybersecurity Requirements for Financial Services Companies. NIST Special Publication 800-171 for government contractors also mandates multi-factor authentication to ensure enhanced levels of identity assurance.

In Europe, the Second Payment Services Directive (PSD2), the General Data Protection Regulations (GDPR) and the Markets in Financial Instruments and Derivatives (MiFID II) Directive, all mandate enhanced levels of digital trust enabled by strong customer authentication. These international regulatory frameworks create a large global market for password replacement technologies, which MyIDaaS has been specifically designed to satisfy. By adhering to the most stringent of regulations all companies, regardless of sector and size, can meet compliance obligations quickly and with ease.

The latest solution from Intercede has been created by envisioning and reengineering the company’s existing MyID solution to operate as a secure, self-service, multi-tenanted Cloud service. It is designed to enable organizations to replace employee passwords with more secure and convenient digital identities on real or virtual smart cards, pluggable tokens, mobile devices and embedded security modules. The solution manages the lifecycle of credentials, for example revoking them if a user leaves an organization or updating them in advance of the credentials expiring.

“Regardless of the organization in question, weak or compromised credentials continue to be today’s security downfall. Usernames and passwords are the number one cause of the majority of data breaches. While there have been solutions to this problem for a number of years, most of them have been inaccessible to companies with limited IT budgets, scarce resources and a lack of in-house security skills,” said Richard Parris, CEO of Intercede.

“For over 20 years, Intercede has been at the forefront of securing some of the most sensitive and critical industries, including defense, aerospace, government and financial institutions. Through MyIDaaS, we’re now offering that same level of security to businesses, without the pain of infrastructure overhaul or hefty costs. This is a game changer for enterprises of all sizes who need to comply with new regulations for protecting customer information but lack the necessary budget and cyber security expertise to build their own digital trust solutions.”

MyID is currently deployed by governments and defense companies to secure some of the world’s most sensitive data. MyIDaaS brings that same government-grade security to businesses to significantly reduce their exposure to cyber-attack. The service packages digital credential deployment into an easily-consumed cloud service. Businesses using the service will be provided with a dedicated certification authority and the ability to deploy digital identities on to hardware-secured zones within existing enterprise computers and devices. This includes Intel Authenticate or IPT on Intel powered computers and Trusted Platform Modules on platforms running Microsoft operating systems. Future support for physical smart cards, smartphones and Internet-of-Things connected devices is planned.


About Intercede

Intercede® is a cybersecurity company specializing in identity, credential management and secure mobility to enable digital trust. It provides software and services that help organizations ensure the safety and security of their people, facilities, networks and information in an increasingly mobile, digital world.

Intercede has been delivering solutions to high profile customers, from the US and UK governments to some of the world’s largest corporations, telecommunications providers and information technology firms, for over 20 years. To find out more:

Notes to editors:

  • MyIDaaS can be deployed without businesses needing to make significant changes to the way existing users are managed. Instead, system administrators can define an Active Directory Security Group for each type of credential and privilege required. Users can then be added to these groups using existing management tools. The service also includes a dedicated, private Certification Authority, an OCSP responder so that businesses can immediately revoke access. A centralised dashboard can also help users keep track of activity.
  • The MyIDaaS service can be subscribed to via a self-service portal, making it a highly scalable business proposition for Intercede and its enterprise customers to deliver and implement. Designed to support high volumes of individual enterprise customers, MyIDaaS is also available as an OEM service to partners who wish to embed a credential provisioning solution within their existing product portfolios.


1 Verizon 2017 Data Breach Report

Contact information

Intercede PR:
Sophie Payne

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

IDEMIA Partnering with Unisys to Provide Biometric Services for Home Affairs Department in Australia19.3.2018 05:00Pressemelding

IDEMIA will provide a state-of-the-art biometric matching engine solution for the Australian Department of Home Affairs (Home Affairs), underlying in particular the processing of visas, border crossings and citizenship applications. Working with prime contractor Unisys Corporation, who will provide the overall system integration as well as the biometric management and processing platform Unisys Stealth(identity)TM, the IDEMIA team will implement a flagship system to position Australia at the forefront of border and immigration systems globally. This press release features multimedia. View the full release here: (Photo: IDEMIA) Major growth in international traveller arrivals, and the heightened threat of terrorism have signalled the need for a world-class biometrics solution to ensure that individuals are who they say they are. EBIS’s highly enhanced performance will support the Department’s strategic direction by further facili

Global Powerhouses Coming to CES Asia 2018: Alibaba A.I. Labs, BYTON, FAW Hongqi, Guangzhou Automobile Group, iQIYI, KIA, Leapmotor, LG Electronics, Mitsubishi Electric Automotive, Singulato, Skyworth and TCL18.3.2018 20:00Pressemelding

The Consumer Technology Association (CTA) today announced the newest leading global brands added to its growing exhibitor list for CES Asia 2018. Technology powerhouses including Alibaba A.I. Labs, BYTON, FAW Hongqi, Guangzhou Automobile Group, iQIYI, KIA, Leapmotor, LG Electronics, Mitsubishi Electric Automotive, Singulato, Skyworth and TCL are set to showcase their latest tech tailored toward the Asian market at CES Asia in June. “The tech showcased at CES Asia 2018 will be ground-breaking,” said John T. Kelley, senior director, international programs and show director, CES Asia. “From artificial intelligence, vehicle technology, content development and distribution to smart cities and more, the show will be packed with innovation from global brands and cutting-edge startups alike. These first time exhibitors demonstrate the incredible caliber and scope of CES Asia and attendees will be blown away this year.” BYTON, who recently unveiled its first concept all-electric vehicle at CES

Summer Business with New Shop Feature and High-Performance Tyre Models16.3.2018 14:11Pressemelding

Each year, summer trade means great challenges for car garages and tyre dealers. As a result and at just the right time,, the online trade customer shop by Europe’s leading online tyre dealer Delticom, is introducing a new feature intended to make the daily work of the shop’s customers easier: An advice mode is available from now on at When changing from the purchasing to the sales view, the individual end customer prices are displayed instead of the actual purchase prices. In order to use this feature, users of simply have to insert their individual markups for the different item groups. From the markup and the purchase price, the online shop automatically calculates the personal end customer price. The usual purchasing view is also still available. This press release features multimedia. View the full release here: An advice mode immediately helps trade customers use the full pot

Available Now: The Smartphone Made for the Way We Communicate Today, the Galaxy S9 and S9+16.3.2018 12:00Pressemelding

Samsung Electronics America, Inc. announced that the new, award-winning Galaxy S9 and Galaxy S9+, which have been recognized by smartphone reviewers worldwide for their best-in-class display, design and camera, are now available for purchase at U.S. wireless network providers and retail stores. The phones come in three colors: Midnight Black, Coral Blue, and the new Lilac Purple. The Galaxy S9 has a suggested retail price of $719.99, while the Galaxy S9+ is available for $839.99. Both unlocked and carrier versions of the Galaxy S9 and Galaxy S9+ are also available for purchase on This press release features multimedia. View the full release here: Designed for the way we communicate today, Samsung's new Galaxy S9 and Galaxy S9+ are available in the U.S. at wireless network providers, retailers and on (Photo: Business Wire) “The Galaxy S9 and S9+ are designed for the visual and social generation—the consum

CONQUEST Group Announced the Expansion of its Asset Management Business with the Appointment of Philippe Taillardat to the Role of Director16.3.2018 09:00Pressemelding

Philippe Taillardat brings to CONQUEST over 25 years of Asset Management and Investment Banking experience, primarily in principal investing, financial advisory, equity and debt financing across global infrastructure and sustainable energy sectors. This press release features multimedia. View the full release here: Philippe Taillardat (Photo: CONQUEST Group) Philippe was most recently Co-Head of Infrastructure Investments Europe at First State Investments, which he helped transform into one of the leading billion+ European infrastructure fund manager in core / core+ strategies. Earlier in his career, Philippe held various senior banker and investment roles at Amundi, Credit Agricole CIB, Credit Suisse, AXA and BNP Paribas. Frédéric Palanque, Managing Director of CONQUEST Group, said, "We are delighted to welcome such a recognized professional. CONQUEST is trusted for providing value-added advice in complex and highly confidential

AccelStor All-Flash Solutions Unlock Data Possibilities for AI and Cloud16.3.2018 09:00Pressemelding

AccelStor, an innovative all-flash array (AFA) provider for the big data era, is excited to announce its participation in the upcoming Cloud Expo Europe, taking place from March 21 to 22 at Booth C1850 in the ExCel London exhibition centre. Besides presenting latest all-flash storage solutions breaking through performance and availability barriers for artificial intelligence (AI), virtualization and private cloud, AccelStor will present a live demonstration of its new generation NeoSapphire high availability models, one of the highlights not to be missed this year. This press release features multimedia. View the full release here: AccelStor's new generation NeoSapphire High Availability all-flash array AccelStor NeoSapphire all-flash arrays are highly integrated with virtualization and private cloud platforms, supporting VMware vSphere and OpenStack Cinder. NeoSapphire’s “high availability” series features symmetric active-activ