UPDATED 14:30 EDT / OCTOBER 09 2015

NEWS

Smartband maker Nymi gets new CEO to push security in the enterprise

Smartband maker Nymi, Inc. has a new CEO, with a vision to push security in wearables and the enterprise. Taking on the new role is John Haggard, while Nymi founder Karl Martin moves to the company’s CTO.

Haggard hails from Yubico AB, a company that specializes in two-factor authentication, serving as the company’s Chief Business Officer. His background at Yubico makes him equipped to run a company that specializes security and authentication.

The Nymi Band utilizes the wearer’s electrocardiogram, or heart’s electrical impulse, to verify the authenticity of the wearer. The data gathered from the wearer can be used to securely lock or unlock computer terminals, laptops, or any other device that utilizes Bluetooth or Near Field Communication (NFC) connectivity. Nymi continuously authenticates the wearer’s electrocardiogram, making it extremely difficult for others to fake or duplicate the data. Also, Nymi recently introduced its two-factor authentication which requires a combination of electrocardiogram reading and a unique one-time code, which is generated by the band itself.

Haggard’s role as Nymi’s CEO will primarily focus on leading the company’s mandate of delivering a frictionless, passive security experience to the enterprise.

“My career objective has always been to make a measurable, positive contribution to the computing industry, and Nymi is an exciting company that shares this goal,” said Haggard. “Nymi has embarked on an incredible journey that will change security forever. I look forward to bringing Nymi further into the forefront of enterprise solutions for privileged access and secure payments.”

Nymi also announced that Ram Varadarajan, the founder and CEO of Arcot Systems, Inc., will be joining the company’s Board of Directors. Arcot Systems is a top player in cloud-based authentication, fraud, and risk management solutions, and Varadarajan will play a crucial role in guiding the company in the secure payments space.

You can purchase the Nymi Band Discovery Kit, a developer kit intended for those who want to create Nymi Enabled Applications, for $149.

Image via Nymi

A message from John Furrier, co-founder of SiliconANGLE:

Your vote of support is important to us and it helps us keep the content FREE.

One click below supports our mission to provide free, deep, and relevant content.  

Join our community on YouTube

Join the community that includes more than 15,000 #CubeAlumni experts, including Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger, and many more luminaries and experts.

“TheCUBE is an important partner to the industry. You guys really are a part of our events and we really appreciate you coming and I know people appreciate the content you create as well” – Andy Jassy

THANK YOU