SOURCE: Nymi

Nymi

October 08, 2015 07:30 ET

John Haggard, Information Security Veteran, Joins Nymi as CEO

Nymi Also Welcomes Identity and Security Expert, Ram Varadarajan, to Its Board of Directors

TORONTO, ON--(Marketwired - Oct 8, 2015) - Nymi, the company behind The Nymi Band, today announced the addition of John Haggard to its executive team as CEO. Founder Karl Martin led the recruitment of the new CEO as he transitions to his new role as CTO. Nymi also welcomes Ram Varadarajan, former Senior Vice President of CA Technologies, to its Board of Directors.

John's role as CEO will primarily focus on leading Nymi's mandate of delivering a frictionless, passive security experience to the enterprise space. The Nymi Band enables companies to deploy strong multi-factor biometric authentication and user-present authorization policies for any application, running on any platform with any hardware that supports Bluetooth or NFC communication. John brings more than 30 years of experience in information security products and advanced authentication solutions. Prior to joining the Nymi team, John worked as the Chief Business Officer at Yubico, helping to successfully deploy its leading two-factor authentication protocol to businesses around the globe. John is also an active member of the FIDO Alliance (Fast IDentity Online).

"My career objective has always been to make a measurable, positive contribution to the computing industry, and Nymi is an exciting company that shares this goal," said John. "Nymi has embarked on an incredible journey that will change security forever. I look forward to bringing Nymi further into the forefront of enterprise solutions for privileged access and secure payments."

Ram Varadarajan was the founder and CEO of Arcot Systems, a leader in cloud-based authentication, fraud and risk management solutions. Subsequent to Arcot's acquisition by CA Technologies, Ram Varadarajan served as the Senior Vice President and General Manager, showcasing his expertise in building innovative and profitable security businesses. Ram will play an integral role on Nymi's Board of Directors in guiding the company in the secure payments space.

"The addition of John and Ram to our team marks a significant milestone for Nymi," said Karl Martin, founder of Nymi and CTO. "Our goal is to revolutionize authentication and having the best people in the industry on our team is an important part of bringing that vision to life."

About Nymi
Nymi is focused on delivering secure, continuous authentication solutions. The company's first product is the Nymi Band, a wearable device that delivers biometrically secured, continuous authentication experiences. The Nymi Band utilizes HeartID™ -- a proprietary technology that leverages the wearer's unique cardiac signature (or ECG) as a biometric identifier. Nymi is proudly based in Toronto, and was founded in 2011. For more information, visit www.nymi.com or find us on your favorite social media platforms.

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