Intercede Group PLC on Monday said it signed a partnership with Microsoft Corp aimed at streamlining Fido passkey management.
Allen Storey, chief product officer of the Leicestershire, England-based cybersecurity software firm, said that Fido, which stands for fast identity online, is in demand ‘due to the phishing-resistant nature of the technology and the ability to use them across multiple platforms.’
‘This collaboration combines Intercede’s expertise in credential management systems with Microsoft Entra ID to allow administrators to create and register Fido passkeys on behalf of users on devices such as the Yubikey family of devices or smart phones. This development allows Fido passkeys to be managed in a similar way to PKI-based devices through MyID CMS and then passed to Microsoft Entra ID for use during user authentication,’ Intercede said.
Natee Pretikul, principal product management lead for Security at Microsoft, said: ‘Microsoft is committed to realising the full promise of passkeys to help accelerate adoption within enterprise organisations. Our new Fido2 provisioning application programming interfaces, and our collaboration with leading vendors like Intercede, represent a big step forward in helping organisations create fast, easy and secure authentication journeys from day one.’
Intercede shares jumped 10% to 191.90 pence each on Monday morning in London.
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