SIA New Member Profile: EyeLock

The Security Industry Association (SIA) extends a welcome to EyeLock, headquartered i​n New York City, as a new SIA Member!

We chatted with Kate Graham, Business Development, EyeLock, to learn more about the company, a leading manufacturer of iris authentication technology. Be sure to visit EyeLock’s website at www.eyelock.com.

How did you get into the security industry?

EyeLock is dedicated to advancing digital privacy and next-generation security. We began with physical access control security products, but our technology has expanded to logical access control and embeddable technology for IoT.

What do you enjoy most about your role?

What we most enjoy about our role is focusing on the needs of our customers and executing on our passion to deliver product excellence across security, usability, scalability and convenience.

What’s your company’s biggest challenge right now?

The biggest challenge for EyeLock right now also happens to be our greatest opportunity—advancing the maturity of the market, educating end users on iris identity authentication and dispelling myths around the technology. Many people still confuse iris recognition with retina scanning and don’t understand that iris technology is safe, secure, fast and easy to use. Recently, market demand and adoption of iris technology has significantly increased. However, overall penetration of iris identity authentication solutions is relatively low and the growth of the sector is ahead of us.

What trends does your company foresee for the security industry in the next year?

We expect the biometrics market to grow to more than $40 billion by 2021 with iris authentication technology leading the next wave of adoption. We think that iris biometrics (relative to network security) will become a utility type of application similar to how Bluetooth and Wi-Fi have become part of our everyday lives. As a growing number of devices come online and become connected, there will be a need for authentication to access different layers of a protocol or different layers of authentication to perform tasks. Because new infrastructure has been laid down over the last few years and is now available to the end market, we believe that we’re going to see very rapid improvements in technology, which will result in the introduction of new experiences and new ways of doing things.

What does your organization receive from membership in SIA? How do you plan to be active in the association in the near future?

We receive discounts for participating in the ISC events, as well as networking and sponsorship opportunities and access to research materials.

Will your company participate in an upcoming event with SIA such as ISC West, New Product Showcase or Government Summit? If so, what aspect of the event appeals most to your company?

EyeLock participated in ISC West 2017 and we plan to participate next year as well. The event attracts high-quality integrators, distributors and resellers, so it’s a great way for us to introduce new products and familiarize the market with our current solutions. ​

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