BIO-key Joins ISMS Forum to Enhance Cybersecurity and Identity Management Practices in Spain

BIO-key International has joined ISMS Forum, a Spanish cybersecurity association, to advance cybersecurity and identity management best practices. The collaboration aims to drive innovation in identity and access management, Zero Trust security, and regulatory compliance. BIO-key will participate in shaping cybersecurity standards, support compliance with European regulations, and contribute expertise in Identity-Bound Biometrics, Multi-factor Authentication, and Single Sign-On.

BIO-key International (NASDAQ: BKYI), a leading provider of Identity and Access Management (IAM) and biometric authentication solutions, has joined ISMS Forum, Spain's premier cybersecurity association. Through this strategic move, BIO-key aims to enhance its presence in the Spanish market and contribute to the advancement of cybersecurity and identity management best practices [1].

The collaboration with ISMS Forum will see BIO-key participating in initiatives focused on identity management, Zero Trust security, and regulatory compliance. The company will work alongside other forum members to shape cybersecurity standards, support compliance with NIS2 and GDPR regulations, and share its expertise in Identity-Bound Biometrics (IBB), Multi-factor Authentication (MFA), and Single Sign-On (SSO) [1].

This partnership comes at a critical time for the cybersecurity industry, with the European Union's Digital Operational Resilience Act (DORA) now in full effect. The DORA regulations have significantly increased the cost of compliance for financial institutions and fintechs operating within the EU, with implementation budgets ballooning and regulatory pressures mounting [2].

BIO-key's involvement in ISMS Forum underscores its commitment to staying at the forefront of cybersecurity innovation. As the industry faces new challenges posed by DORA, BIO-key's expertise in biometric authentication and advanced IAM solutions will be invaluable in helping organizations navigate the complex landscape of regulatory compliance and cybersecurity risk management [3].

References:
[1] https://www.stocktitan.net/news/BKYI/bio-key-joins-isms-forum-to-advance-cybersecurity-and-identity-ye5ts8guqckc.html
[2] https://www.forbes.com/sites/zennonkapron/2025/06/24/doras-asian-fintech-reckoning-begins/
[3] https://www.slideshare.net/slideshow/cybersecurity-risk-management-101/198368928