Passwords soon to be a thing of the past with ‘SecureID’

HYDERABAD: It is no easy task for many to be able to log into their bank accounts to do net banking. It is a hassle even for youngsters, let alone for their parents or grandparents who need training to get used to the complex processes.

Imagine a system which does away with the need for passwords, and where one can safely conduct their online activity without the threat of malware and viruses. It is with this idea that Amit Gauba founded SecureID under their parent company, Disruptive Applications AB. It does away with passwords and instead deploys biometric data, and if needed, a private key to secure online activity, which could range from anything between doing net banking to accessing one’s Gmail without the need for passwords. The Hyderabad and Sweden-based startup is currently working with the recently inaugurated Cybersecurity Centre of Excellence (CCoE) in Madhapur.

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