Deakin University researchers prove Tide's tech breakthrough into ZeroTrust cyber security
We're thrilled to share a major breakthrough in Zero-Trust with you! A truly significant advancement in user authentication. As you know, we live in a digital age where cyber attacks are an overwhelming threat, resulting in a staggering $7 trillion global liability. Our mission at TIDE Foundation has always been to ensure a safer, secure digital world.
Today, we're excited to announce the success of our pioneering technology, PRISM! A scientific paper with the formal security proofs is set to be presented at the prestigious CIMSS conference in Kyoto, Japan this June. This outcome is the result of a fruitful collaboration between our talented team at Tide and the brilliant researchers at Deakin University who meticulously validated our technology.
What does PRISM do? It turns what was once the Achilles heel of organizations (human vulnerability) into a vital layer of security.
PRISM takes a secret, known only to you, combines it with a secret that no one will ever know and turns the result into a virtual personal key that unlocks your account with your medical insurer, telco, etc. It removes the need to trust your credentials with the organization you’re authenticating to. This gives even the simplest passwords the strength of a Bitcoin wallet without changing your user experience. This innovation means we're on the verge of making mass data breaches a thing of the past!
As put by Professor Robin Doss, Director of the Centre for Cyber Resilience and Trust at Deakin University, "PRISM essentially makes the task of hacking too laborious, layers of resistance and a multi-party approach makes hacking simply economically unviable."
PRISM tips the balance in favor of the defenders, in the ever-evolving landscape of cyber threats. This revolutionary technology ushers in a win-win outcome: greatly reduced liability for organizations and superior data sovereignty for individuals.
Join us in this exciting new era of cybersecurity, one where we take the "mass" out of mass data breaches. Here's to a safer and more secure digital future for all! Many thanks to everyone on the Deakin University team.