CycurID Technologies Ltd., (“CycurID” or the “Company”), has engaged with Carbide, an information security and data privacy management platform, to fortify the security posture of their innovative reusable digital identity application.
CycurID (pronounced “Secure ID”) Technologies Ltd. is a Canadian-based digital identity management and cybersecurity firm that has developed a reusable digital identity app, imme™, that uses adaptive Artificial Intelligence, Biometric Authorization and Zero-Knowledge Protocols to provide full privacy of users’ data with no individuals credentials or any data being stored or kept by CycurID or their partners.
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“While privacy is the center of all our identity products and solutions, user privacy is difficult to achieve and maintain without the proper security protocols in place,” said Gord Jessop, CycurID’s Chief Operating Officer and Co-Founder. “We want to lead the market in the implementation of security and privacy best practices and a logical step to achieve that goal was to engage with Carbide.”
Anchored around security and privacy best practices, the Carbide Platform is easy to use and makes enterprise-class security and compliance accessible to organizations of all sizes. The company supports multiple frameworks and regulations such as PCI-DSS, SOC 2, HIPAA, ISO 27001, GDPR, NIST, and others. However, unlike other vendors, Carbide offers more than an automated compliance checklist. From the initial design and gap analysis, past implementation and audit, and through to the sustainment and evolution of a security and privacy program, Carbide supports its customers to build data security and privacy into the DNA of the organization, even as they evolve and grow.
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“Offering a strong security product doesn’t automatically mean your business is operating under sustainable security and privacy best practices. CycurID understands that making cybersecurity and privacy a foundational part of their business operations will help differentiate them from the competition and strengthen their credibility with target customers. We are thrilled to support CycurID’s focus on cybersecurity and privacy both internally and externally and are excited to help them tangibly demonstrate their commitment,” noted Darren Gallop, CEO of Carbide.
According to a recent Data Privacy benchmark report from Cisco, 94% of companies surveyed noted that customers will not buy their products or services if their data is not effectively protected. By working with Carbide, CycurID will be well-positioned to quickly demonstrate to their enterprise customer base how their application is both secure and meets the compliance requirements of industry standards and frameworks. CycurID is looking forward to completing the assessments for the ISO127001, NIST-800, CMMC, CCCS, and PIPEDA certifications in the first phase of the compliance framework.
Jessop added, “We want to be affiliated with the most forward-thinking organizations in the identity and security sectors. Not only is Carbide such a visionary, they recognize privacy and cybersecurity as equal partners, rather than treating privacy as an afterthought to a security program. Their capabilities will allow us to deliver on our mandate of security best practices.”
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