Chennai, 20th March 2023: Precision Biometric India Pvt. Ltd., a premier provider of biometric technology -based solutions today announced that its innovative identity security and authentication solution – InnaIT – has been awarded a Patent, bearing number 425769, by the Office of the Controller General of Patents, Designs & Trade Marks, DPIIT, Government of India.
The Patent for the invention has been issued for the term of twenty years from 18th February 2020. The grant of the Patent reaffirms the innovativeness of the solution and stands testimony to Precision’s focus on IP creation with its in-house R&D capabilities.
The InnaIT Framework addresses the increasing need for reliable identification and uncompromised authentication and is a holistic solution suite comprising of biometric hardware and software modules that can suit all common usage scenarios across industry segments. The modular design of the InnaIT Framework provides flexibility – the organization may choose specific modules such as two-factor authentication, enterprise SSO, Privileged Identity Management, File Vault, Time & Attendance & Event Verification System, that are needed and expand as the user base grows. The InnaIT framework also simplifies the implementation – eliminating the need for complex integration of multiple security solutions.
Precision Biometric’s InnaITKey solution employs the InnaIT Framework as the functional core and is a highly secure solution that innovatively combines PKI and biometrics to provide Password-less Identity Authentication, Transaction Authorization and Signing. This ‘Zero-Trust’ solution prevents credentials compromise, Phishing attacks, and Password fatigue and enables seamless multi-device use. The solution thus contributes significantly to Fraud reduction, enhanced User Experience, and increased productivity. InnaITKey is a state-of-the-art offering that solves problems across various industry verticals like Enterprises, BFSI, Government, Pharma and others. InnaITKey has gone through the stringent requirements and security measures of FIDO and is FIDO2L2 certified. The solution has also been certified by CERT-IN, India’s nodal agency responsible for overseeing cyber security and for responding to computer security incidents.
Mr. Mathew Chacko , Founder Director & CEO, Precision Group said “InnaIT Framework & InnaITKey the unique zero-trust, password-less identity authentication and access management solutions created by Precision will deliver peace-of-mind, convenience and the best possible security to users. We are happy to have been granted a Patent for InnaIT Framework, which will certainly encourage us on our mission to constantly innovate and bring best-in-class, customer-centric solutions which will deliver value to customers across a plethora of industry verticals and geographies. At a time that identity theft, phishing, credential compromise and other breaches are rapidly increasing, we believe that we will be in a better position to assist organisations in addressing some of these critical issues and help them focus better on their businesses.”
Established in 1996, Precision Group (comprising of Precision Biometric, Precision Infomatic, Precision Techserve and Precision Galaxy) provides Biometric, IoT, Cloud & Systems Integration solutions and IT Infrastructure Management Services. Precision adopts a consulting approach to address the needs of clients and has a very strong R&D and IP creation focus. With a PAN India presence and a 2500+ strong team of experienced and skilled certified pre-sales, sales & technical personnel, Precision strives to deliver value to its clients, leading to the creation of a large and loyal base of delighted customers.
Precision Biometric, through its innovative solutions, addresses the need for foolproof identification, prevention of impersonation and elimination of issues coupled with password compromise. Precision Biometric has created various solutions – both hardware & software – such as Single Fingerprint scanners, ABAS attendance devices, Biometric enabled Tablets, the InnaIT Framework (Patented) and InnaITKey (Patent Pending) to address the varying needs of organizations operating in different verticals. Precision Biometric’s UIDAI/STQC certified fingerprint scanners have been implemented in large quantities across the country.