18% of employees admitted to sharing their password.

In 2008, the average cost per incident of a data breach was $6.7 million, and lost business averaged $4.6 million.

64% of losses were due to the actions of insiders at the company.

A shocking 11% of employees reported that they or their fellow employees accessed unauthorized information and sold it for profit.

Business travelers lose more than 12,000 laptops per week in US airports.

31% of customers terminate their relationship with organizations following a breach.

Businesses lost over $1 trillion to cybercrime in 2008.

77% of companies think their networks are not secure.

The per capita cost of a data breach already exceeds $1000.

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39% most concerned about threat from employees, not hackers.

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Our People

Veritrix’ people are committed to the vision of creating irrefutable and foolproof identification solutions for the public good… Making the world a safer place by creating methods of personal identification that actually work, and can be deployed across the Internet to positively identify the person before granting access to online accounts or valuable assets.

Finally, an identification method meeting the needs of consumers and industry.

Our Team

Our team is very experienced at creating and bringing new technology solutions to market.  Amongst us we have founded or been co-founders of half a dozen companies, and have IPO’d one and been acquired in five others.  The technology core of our team has been working together for five years and co-founded Veritrix in 2008 to bring this incredible identification solution to market.

Paul Headley – CEO & Chief Architect     linkedin_16

When I first conceived of Sovay identification it was clear the unprecedented growth in cybercrime is the direct result of anonymous logins.  Criminals invent identities to prey on children, to prey on people looking for a fair deal and to run elaborate scams.  Criminals steal identities to gain access to sensitive information and take money.  All the while, no one knows who is really behind the login.  Take away the anonymity and you take away the criminal’s means of escaping prosecution.  In a few seconds Sovay positively identifies the person logging in and knows that person is right there, right then.  Sovay immediately warns you when your account is under attack.  Isn’t it time we know who’s logging in?

Bill Steiner - VP Sales & Marketing     linkedin_16

I am excited to be representing Sovay identification with it’s potential to revolutionize the industry.  I find it compelling that in a single solution we provide our customers with an impregnable security solution and an enhanced user experience that is fast, easy and as natural as speaking.  To access their myriad of systems, our customers only need to  to speak; they no longer need to remember their numerous passwords, to bring tokens, or worry that their credentials are being copied or stolen.  It will be rewarding to provide our customers with absolute assurance that this aspect of their life is secure.

Francine Gani - VP Finance      linkedin_16

Funding the early stages of Veritrix and guiding Veritrix financially has been a mission.  A mission to make the world a safer and better place.


More Ask Sovay

  • Do large, world-class organizations need stronger authentication?
  • Are fingerprint readers the current state-of-the-art in biometric identification?
  • Does stronger authentication cost more?
  • Are our "trustworthy" employees actually a significant risk?
  • Do Biometrics have high False Rejection Rates (FRR)?
  • How do we implement a system that many types of users can use, without changing the way they work?
  • Our users will not tolerate any inconvenience. How do we improve authentication security and keep our workers happy?
  • Will tokens help achieve strong authentication?
  • Is Multifactor Authentication the ultimate in enterprise security?
  • Are passwords the typical best practice?

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Veritrix is a User Authentication software company. Our unique line of Sovay products offer the latest versions of Identification Protection Software with the following methods: Real Time Authentication Solutions, Multifactor Authentication Solutions and Biometric Authentication Technology.


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