Averon has been named a winner in the 2018 BIG Innovation Awards for its Direct Autonomous Authentication (DAA) solution, the first fully automatic mobile security platform that protects every mobile interaction with instant, effortless user verification.
The annual business awards program, organized by the Business Intelligence Group, recognizes the organizations, products and people that bring new ideas to life. A select group of business leaders and executives identified Averon’s DAA mobile user authentication solution among hundreds of nominations as a groundbreaking new method for verifying digital identity.
“Averon provides the fastest identity verification and strongest security in one solution. With DAA, enterprise revenues increase thanks to instant, effortless authentication of mobile transactions, eliminating the typical compromise between ease of use and high security,” said Wendell Brown, CEO and co-founder of Averon. “We are delighted to be recognized by leaders of the business community with a BIG Innovation Award.”
Averon speeds the process of digital identity verification to mere milliseconds, using real-time mobile carrier data signaling and hardware already in every mobile phone worldwide. It delights users with totally effortless identity verification, providing ultra-secure authentication that’s continuously and silently active via real-time smart signaling linked to the country’s trusted mobile networks. DAA requires no apps and no software downloads, depends on no personally identifiable data, and is impervious to all forms of social engineering.
Cybercrimes—including hacks from email spam and scams, phishing attacks, fake news and data intercepts, as well as economic crime such as credit card, cryptocurrency and retail fraud—have become increasingly dangerous avenues for identity theft, stealing money and violating privacy. Up to now, the status quo of security, including 2FA (two-factor authentication), PKI and multifactor methods, has been cumbersome for users, costly and ineffective, putting customer data in danger and exposing businesses to risk. Averon flips the story, foiling hackers while keeping users happy.
DAA provides mobile carriers and MSOs a value-added service that can help offset declining ARPU and provides better security and data privacy at all levels for companies and organizations that do business and offer services on the web. This revolutionary advancement in digital identity improves conversion rates, reduces fraud, lowers churn, and also solves security risks in blockchain technology.
Averon is the developer of Direct Autonomous Authentication (DAA), the first fully automatic and ultra-secure mobile identity verification standard. Averon’s DAA solution confirms user identity by leveraging real-time mobile network signaling and SIM/eSIM technology already contained in every smartphone. DAA works seamlessly in the background, requires no installations, zero effort by users and doesn’t rely on any personally identifiable data. Averon solves the problem of user identity and verification across the entire digital world, from banking and ecommerce to fraud prevention in ticketing and bot commerce. DAA can also be used to authenticate IoT devices, including connected locks on homes and vehicles. Live on all U.S. wireless service providers, Averon makes it easy to Be Authentic and stay effortlessly protected while connected.