Biometrics-as-a-service (BaaS) offers immense capabilities including duplicate checking, biometrics on-boarding and authentication-as-a-service over the internet, through a cloud-based infrastructure. Capturing both the physiological and behavioural aspects of human beings, BaaS provides authentication based on voice, fingerprint, face, iris, and vein, among others. Securing Biometrics data is a very critical topic, there is nothing inherent in raw biometric data that makes it more secure. A pioneering company working to secure biometrical data and protect customers against fraud is AimBrain.
AimBrain is a Biometric Identity as-a-Service provider, protecting businesses and their customers against fraud. The company has five proprietary anti-fraud modules; AimAnomaly which detects manual and machine fraud by uncovering hidden patterns in behaviours, AimBehaviour which monitors and assesses known user behaviour to protect against account breaches or takeovers, and three active step-up biometric checks; AimFace (facial authentication), AimVoice (voice authentication) and AimFace//LipSync (video and audio authentication) to detect the liveliness and protect against spoofing attacks. Organisations can protect against all types of fraud attacks using one or more of AimBrain’s modules, both invisibly and visibly to the end user.
Mission to Secure Global Enterprises
AimBrain was incepted with a goal to use biometric authentication to protect businesses, and their customers, against fraud. Fraud is continually evolving and vulnerabilities are exploited in record time. AimBrain developed algorithms, based on machine learning and deep learning, to help organisations stop the fraud before it takes root. As biometrics, such as one’s face and voice, are on show every-day, it is the technology that needs to adapt ensuring that it could be used, in conjunction with the liveliness detection and the anti-spoofing technology, to ensure that an organisation would be assured that a person was who they said they were, and that a consumer was protected against someone using their credentials, photos or voice recordings.
To secure and protect the customers, AimBrain developed a unique combination of authentication tools with a mission that they could be configured in any number of ways, for assurance that the person is legitimate across any channel, device or application.
Leadership that Inspires
AimBrain is led by CEO and Co-founder, Andrius Sutas, who was recognised in 2018 by the Forbes in its list of 30 Under 30 in European Technology entrepreneurs, along with fellow Co-founder and Chief Technology Officer Alesis Novik, an accolade that identified the leaders driving change and disruption in their respective fields.
Andrius graduated from the University of Edinburgh with honours and served as a research assistant, completing internships at the European Space Agency and the ARM. Furthermore, Andrius serves as a Cohort Member at startup incubator Entrepreneur First, and is part of the Upscale programme by TechCity and represents AimBrain at Cyber London.
Deploying Best Technology Practices
With breached credentials and fraud attacks becoming headline news every day, AimBrain has developed a suite of tools that can detect and prevent fraud. From scripted attacks to synthetic identity fraud, first party malicious fraud to remote account takeover, AimBrain’s modules can run passively and continuously to build models of fraudulent behaviour whilst monitoring known user behaviour. With three active steps also available as a ‘step-up’ approach to security, or easy integration into a wider risk engine that could include a variety of third-party vendor checks, AimBrain has made it simple to use its technology in unique configurations.
Catching up with Innovation and Rewarding Partnerships
AimBrain prides itself with technology that allows organisations to capture significantly more fraud than they have ever been able to catch, as early as the on-boarding stage. “We have a unique, 100% proprietary and easily-configurable suite of authentication modules, combining passive and active fraud detection. The deployment is fast and infinitely scalable, going to production in days or weeks, not months or years, and its free developer tools, dashboard and API calls mean that the technology is available and accessible to anyone,” said Andrius. AimBrain prides itself on its extensive range of partnerships across Identity and Access Management (IAM), Identity and Document Verification (ID&V) and orchestration fields, providing simple plug-and-play biometric authentication tools configurable for any use case.
Valuable Contributions to the Cyber/Cloud Security Industry
AimBrain’s technology is accessed via an API, allowing any organisation to build in anomaly detection, behaviour, face, voice or video authentication into its risk engine. The use cases are myriad; facial or video authentication that can be integrated into remote verification protocols for protection against money laundering or KYC checks; anomaly detection that can identify patterns specific to immediate fraud (such as credit applications using stolen credentials) or future fraud (such as account likely to breach or abuse rewards), and behavioural authentication that can detect for changes in behaviour that could signify account takeover, MitM attacks or Trojans. AimBrain is committed to making biometric security available to all and offers its developer dashboard, SDKs or API documentation and 1,000 API calls free of charge to any developers or small businesses.
Challenges to Conquer
The company is of the opinion that finding enough of the right talent continues to be a challenge, however, this does not act as a deterrent to AimBrain’s growth.
Awards that are Beyond Competition
AimBrain has won numerous awards and accreditations since its inception in 2014, including recognition as a Gartner Cool Vendor in Identity and Access Management (IAM) (2018), inclusion in the Tech City UK’s Upscale programme hottest startups (2018), inclusion in the H2 Ventures & KPMG Global Fintech100 (2017), and winning the UBS Future of Finance Challenge regional London finals (2015). AimBrain’s clients include tier 1 financial services providers, global infrastructure and technology providers and a multitude of diverse businesses looking to securely authenticate users. The company currently processes around 300 million authentication requests per month, stopping in excess of 75% of fraud that has eluded even the most extensive of fraud teams, and protecting against thousands of evolving attacks per hour. Its machine learning team is regularly recognised for its contribution to the research community, re-presenting AimBrain at seminal events such as the NeurIPS.
The Promising Future Ahead
AimBrain foresees machine learning, AI and deep learning playing an ever-increasing role in fraud detection and cybersecurity, particularly as attack vectors and sophistication grow. Behavioural biometric monitoring is a huge opportunity for organisations to protect themselves against all types of fraud, internal and external, which makes the company enormously excited about the future.