Vault Vision Announces Expanded Security Capabilities with OpenID Foundation and FIDO Alliance Partnerships

Vault Vision: Authentication Management Platform

Vault Vision’s authentication platform makes it easy for tech startups to build and manage their security and login infrastructure, giving companies time to focus on their business

Vision of the Vault, a leading technology provider of identity and authentication management solutions, announced a partnership with OpenID Foundation and the FIDO Alliance. Vault Vision’s new partnerships come at a time when 40% of US users have had their online data compromised, according to Google. The move away from password authentication is accelerating, with the total market expected to reach $53.6 billion by 2030, a staggering increase from $15.6 billion in 2022, according to Statista.

According to IBM, companies that use passwordless authentication save an average cost of a password breach $1.76 million less across organizations than those without zero-authentication systems. trust. The rise of remote working (due to COVID-19) and a secular growth in technology adoption is why Vault Vision makes it easy for startups and IT administrators to secure their applications and customer connections, through our ‘passwordless login as a service’ and compliant with open standard security alliances like the Open ID Foundation and the FIDO alliance.

Because user authentication is such a pervasive and complex problem, it requires the entire industry to work together and design the next generation of authentication solutions. Vault Vision is thrilled to be part of these groundbreaking industry alliances and is committed to developing open standards for strong authentication. Tools and standards industry workgroups love OpenID Foundation and FIDO Alliance ensure that organizations working on different pieces of the user authentication puzzle deliver greater interoperability and compatibility across the entire security ecosystem. This partnership toward open standards enables the widest range of compatible devices and services that provide consumers and end users with the best security and user experience for their authentication needs.

Vault Vision’s authentication platform makes it easy for tech startups to build and manage their security and login infrastructure, giving businesses time to focus on growing. “Vault Vision’s platform is designed for easy integration and a great example of how tech startups can integrate authentication and identity management into their software in minutes,” said Neil Proctor, CEO and co-founder of Vault Vision. “Our partnership with the OpenID Foundation and FIDO strong authentication will give all Vault Vision customers confidence that they are using the highest standard in strong authentication.”

To make startups more secure and get started easily with authentication technology, Vision of the Vault offers a free plan and the ability to scale with custom services in an enterprise plan for large enterprises and user base.

About VaultVision

VaultVision The cloud-based authentication platform adds an extra layer of security with Webauthn and FIDO-based security with support for software and hardware key vaults. Vault Vision’s cloud-based login-as-a-service solution offers OIDC support as well as advanced recovery options using biometric data that cannot be forgotten or tampered with. A platform built by technology and security industry veterans, Vault Vision’s founding team is comprised of former executives and engineers from SaaS technology brands such as Godaddy and Acronis. With decades of experience building software solutions, Vault Vision’s authentication platform is built for software startups.

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