Strategic partnership with Microsoft

Intercede Group PLC

19 August 2024

 

RNS Reach

19 August 2024

INTERCEDE GROUP plc

('Intercede', the 'Company' or the 'Group')

Intercede and Microsoft Join Forces to Streamline FIDO Passkey Management for the Enterprise

Intercede, the leading cybersecurity software company specialising in digital identities and strong authentication, announces a strategic partnership between Microsoft and the Company that will bring cutting-edge FIDO Passkey management to the Enterprise.

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. Importantly, this enables organisations to comply with US federal government security legislation including FIPS 201/SP 800-63 at the highest levels of assurance.

"Microsoft is committed to realising the full promise of passkeys to help accelerate adoption within enterprise organisations. Our new FIDO2 provisioning APIs, 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," said Natee Pretikul, Principal Product Management Lead at Microsoft Security.

"A number of our customers have been looking to bring FIDO passkeys into their authentication solutions due to the phishing-resistant nature of the technology and the ability to use them across multiple platforms, including mobile. Until now, the lack of ability to integrate credential management systems with Entra ID for passkeys has been a barrier to adoption.  I am delighted that by working with Microsoft this barrier has now been removed and organisations can benefit from stronger, managed authentication." added Allen Storey, CPO at Intercede.

What's Next: We're moving quickly to bring this partnership to life. A first version of the implementation will be ready for demonstration within the next two weeks. Full availability of the provisioning API will be included in the next release of MyID CMS v12.12.

ENQUIRIES

Intercede Group plc	Tel. + 44 (0)1455 558111
Klaas van der Leest	CEO
Nitil Patel	CFO
Cavendish Capital Markets Limited	Tel. + 44 (0)20 7220 0500
Marc Milmo/Fergus Sullivan	Corporate Finance
Tim Redfern/ Ondraya Swanson	ECM

About Intercede

Intercede is a cybersecurity software company specialising in digital identities, and its innovative solutions enable organisations to protect themselves against the number one cause of data breach: compromised user credentials.

The Intercede suite of products allows customers to choose the level of security that best fits their needs, from Secure Registration and ID Verification to Password Security Management, One-Time Passwords, FIDO and PKI. Uniquely, Intercede provides the entire set of authentication options from Passwords to PKI, supporting customers on their journey to passwordless and stronger authentication environments. In addition to developing and supporting Intercede software, the Group offers professional services and custom development capabilities as well as managing the world's largest password breach database.

For over 20 years, global customers in government, aerospace and defence, financial services, healthcare, telecommunications, cloud services and information technology have trusted Intercede solutions and expertise in protecting their mission critical data and systems at the highest level of assurance.

For more information visit: www.intercede.com

 

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