SOURCE: BioPassword

December 04, 2007 13:00 ET

BioPassword Protects Sensitive Health Insurance Data

Key Benefit Administrators Securely Consolidates Access to Dozens of Health Insurance Web Sites Using Innovative Keystroke Biometric Solution

SEATTLE, WA--(Marketwire - December 4, 2007) - BioPassword, Inc., the leader in software-only strong authentication, today announced that Key Benefit Administrators (KBA), a full service employee benefits consulting administrator based in Indianapolis, Indiana, is implementing BioPassword Internet Edition to help secure access to the sensitive health insurance and benefits records of more than 3,000 clients covering 500,000 insured members.

According to a report from the World Privacy Forum, between 250,000 and 500,000 Americans have already been victims of medical identity theft(1). Protecting sensitive data is of primary concern to KBA, hence, it was among the first in the industry to digitize its claims process and developed SecureWebManager, a centralized Web service that allows users to securely access the details about their benefits through a single portal. SecureWebManager depends on BioPassword's authentication platform to verify users based on their unique typing rhythms, even if they are accessing their records from home or on a business trip.

"Our mission is to provide our customers with an easy and secure way for people to access their health benefits and insurance information, in addition to any other personal web site the individual has an account with. BioPassword's innovative approach provides strong authentication while not interfering with our users' login process," said Mike Kovaleski, senior new business consultant at KBA and creator of SecureWebManager. "We didn't want to ask our members to carry a token with them at all times, and once we critically reviewed BioPassword and compared them to other login authentication solutions, we realized that it was the superior choice."

BioPassword's authentication software platform is based on a simple, yet powerful, combination of the user's standard logon credentials (user name and password), and applies keystroke biometrics (their unique typing rhythm) as a second authentication factor. In addition, BioPassword offers complementary software authentication factors such as knowledge-based authentication (user selected questions and answers) or software one-time passwords (single use password delivered to your mobile device).

"The ability to securely access health information online is critical today and BioPassword is a perfect complement to KBA's innovative approach," said Peter Brant, vice president of sales, North America, at BioPassword. "With the proliferation of fraud and medical identity theft, we see a large opportunity to serve this industry and help protect sensitive data with our non-intrusive and scalable authentication solution."

About Key Benefit Administrators, Inc.

Headquartered in Indianapolis, Indiana with its national service center in Ft. Mill, South Carolina, Key Benefit Administrators is one of the nation's largest third party administrators covering more than 500,000 members in over 3,000 employer groups and has been in business since 1979. For more info about Key Benefit Administrators, go to www.keybenefit.com. For more info about SecureWebManager, go to www.securewebmanager.com.

About BioPassword, Inc.

BioPassword, Inc. (www.biopassword.com), located in Issaquah, Washington, leads the market in providing award-winning strong authentication software for organizations seeking a solution that delivers high security with no change in user behavior at the lowest available cost. Unlike expensive authentication products which rely on hardware tokens or biometric readers, BioPassword uses a simple, yet powerful, combination of the user's standard logon credentials (user name and password), and applies keystroke biometrics (their unique typing rhythm) as a second authentication factor. In addition, BioPassword offers complementary software authentication factors such as knowledge-based authentication (user selected questions and answers) or software one-time passwords (single use password delivered to your mobile device) to create the only authentication solution that makes available -- something you know with something you are and something you have. BioPassword is accurate, secure, scalable to millions of users and immediately deployable across the enterprise and the Internet without impacting users. BioPassword is currently delivering strong authentication for organizations in a variety of industries, including: financial, healthcare, digital rights management, government, law enforcement, manufacturing, legal and automotive. To learn more about BioPassword visit our Web site or contact us at (425) 649-1100. For an online demonstration of BioPassword's keystroke biometrics, log onto www.biopassword.com/demo1.

BioPassword® is a registered trademark of BioPassword, Inc. All other trademarks and registered trademarks are the property of their respective owners.

(1) “Medical Identity Theft: The Information Crime that Can Kill You. Spring 2006,” World Privacy Forum, May 3, 2006

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