Google Acquiring Israeli Startup That Uses Sound-Based Password Technology
MOUNTAIN VIEW (CBS SF) — Google is buying a company that hopes to do away with online passwords by using sound-based technology. The Silicon Valley giant’s latest acquisition is Israeli security startup, Slick Login. The company has a website that generates a nearly-silent, high-frequency sound, which his then verified by a smartphone app that confirms with its own high-frequency sound.
Given the onslaught of retailer account hacking stories, interest in online security is quickly growing. Google has not divulged the price of the acquisition, but CNET reported on Sunday that the deal is said to be valued at several million dollars.
CNET’s report also stated the new technology could replace traditional password methods or could double up as part of a two-part authentication process.