The co-founders of Nok Nok include Ramesh Kesanupalli, its chief alliance officer; Michael Barrett, who is the chief information security officer at PayPal; and encryption expert and IT consultant Dr. Taher Elgamal. Barrett is also active in the FIDO Alliance. Nok Nok Labs, founded in 2011, has about 30 employees and has received $15 million in funding from Onset Ventures and Doll Capital Management. Board members include Richard Clarke, CEO of Good Harbor Consulting, and Barrett.
Today, there are no real-world implementations of the upcoming Nok Nok software product to showcase, but it is being tested in mrore than 15 organizations, says Dunkelberger. Pricing for it hasn't been set yet, but it is expected to be offered on both a subscription-based and transaction-based pricing model.
Nok Nok Labs is considered the first vendor to be FIDO-compliant, and the idea is that the FIDO Alliance, set up as a 501(c) nonprofit organization, will govern the OSTP specification and make the intellectual property created available to those who join. "If you join the Alliance, you get the spec for the client," says Dunkelberger, adding that someone could create their own server, if so inclined.
Ellen Messmer is senior editor at Network World, an IDG publication and website, where she covers news and technology trends related to information security. Twitter: @MessmerE. Email: firstname.lastname@example.org.
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