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1Kosmos, a leading multi-factor authentication solution provider has reported a significant growth in its Indian user base.
The company said, “It has seen an increase in demand and adoption of its identity proofing and passwordless platform among medium and large enterprises in virtually all industries.”
Speaking on user growth, Hemen Vimadalal, CEO of 1Kosmos, “Customers are recognizing the advanced security and usability benefits of passwordless authentication, which has resulted in long-term investments in BlockID. 1Kosmos is now handling millions of identities for its employees and end customers, including major corporations such as a prominent bank.”
“Company received great support and guidance from visionary CIOs and CISOs who understood the pressing issue of password complexity, which is subject to increased security breaches. He added that 1Kosmos’ solution provides customers with passwordless authentication, which addresses the security issue and offers a streamlined user experience,” Siddharth Gandhi, COO of Asia-Pacific, 1Kosmos added.
The Indian economy is undergoing a major digital transformation, with the government driving national initiatives such as Skill India and DigiYatra.
“To protect digital identities, 1Kosmos is investing to become a leading player in India. With the growing adoption of cloud technology across the private sector, 1Kosmos is well-positioned to provide secure identity management and authentication solutions in this digital era,” the company said.
Adding to the statement, Siddharth further added, “Company is confident that the Indian markets will be promising and that they are already making a mark. 1Kosmos provides secure, passwordless authentication and access to various applications while serving millions of identities. Companies have access to simple yet powerful user authentication and management solutions thanks to the advantages of the 1Kosmos platform. The company is also recognized as a technology and market leader by leading analyst firms.”