You can register for Transmit Security’s webinar here. During the webinar, they will share the findings from the report and demonstrate how organizations can deliver an improved customer experience, save money and create more secure systems using passwordless technology that leverages biometric-based security capabilities. Boodaei and Loonkar are both renowned cybersecurity entrepreneurs with more than two decades worth of experience in the security management space. It’s time to eliminate our dependency on outdated password technology and evolve to a place where passwords are no longer necessary.”īoodaei, along with Transmit Security President Rakesh Loonkar, will present the report findings during a webinar on April 6th at 11:00 a.m. “These horrible customer experiences are costing businesses an unimaginable amount of money, not to mention the revenue that’s lost due to password-sharing between consumers. Customers are dropping out of transaction processes - or failing to use a site at all - due to overly complicated, and oftentimes error-ridden, password systems,” says Transmit Security CEO and Co-Founder Mickey Boodaei. These conventional symbols immediately let people know about the company’s business. Two swords are also part of the logo design. There is a shield that is a powerful war symbol to protect warriors in a battlefield. “The number of consumers getting blocked from their online accounts because of poor password experiences is staggering. All the conventional security symbols are present in this logo. And 64.5% will abandon the site if they are simply asked to create a username and login. We are obsessed with combining easy to implement processes with advanced technology. Transmit Security’s data shows that 66% of users will leave a website if the registration process is too complex. With Transmit Security, your online experience can be rid of passwords. In fact, for most customers the problems with passwords begin long before a failure. We use it all the time now for file transfers instead of using default options. The World of Empowerment Organization Publishing, 1-10 employees. User Review of Transmit Security CIAM Platform: Transmit Security has been a blessing to our organization since we installed it three years ago. We would not change it for anything else now. Worse, 92% of users will leave a website instead of recovering or resetting their login credentials. Transmit Security has helped us keep our systems secure while helping make our job easier all round. Stay up-to-date with the latest IAM news, industry insights and emerging technologies from Transmit Security. Transmit Security’s report revealed 55% of consumers have stopped using a website because the login process was too complex, and that 87.5% of consumers have found themselves locked out of an online account after too many failed login attempts. Discover the world of identity security, orchestration and authentication. Traditional passwords also significantly impact customer experiences.
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