BIO-key International, Inc..
BKYI.US | Computer programming activities
BIO-key International, Inc. is a global provider of cybersecurity and identity access management (IAM) solutions, with a focus on biometric authentication. The company develops and markets software and hardware solutions that enable secure and convenient access to information systems and physical lo...Show More
Better Health for All
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BIO-Key International's core products are cybersecurity and identity access management solutions, which are not inherently health-focused. While these solutions are applied in the healthcare sector to protect patient data
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, streamline workflows
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, and enhance patient care
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, their direct health impact is considered neutral as they are enabling technologies rather than direct health products. The company adheres to stringent data protection standards
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, securely storing and processing biometric data
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in compliance with regulations like GDPR and HIPAA
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, indicating a perfect track record with health data protection. The company's solutions are used in the education sector for access to learning management systems and student records
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, but there is no specific evidence regarding vulnerable populations in a health context. The company recommends user education and training programs for its biometric single sign-on solutions
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, but no specific investment or scale is provided. The articles acknowledge challenges related to privacy, data protection, and security risks
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, recommending measures like data encryption and continuous monitoring
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, but do not provide specific details on the clarity and honesty of disclosures about health risks and benefits. The company's solutions aim to reduce login delays
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and password fatigue for healthcare professionals
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, but this is an indirect benefit to the workforce rather than direct support initiatives.
Fair Money & Economic Opportunity
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No evidence available to assess BIO-key International, Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess BIO-key International, Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No specific, concrete data points were found in the provided articles regarding BIO-key International, Inc.'s fair trade and ethical sourcing practices.
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The articles did not contain information on fair-trade certifications, supply chain audit frequency, forced or child labor incidents, supply chain traceability, remediation speed for violations, ethical clauses in supplier contracts, spend on high-risk materials, or supplier diversity spend.
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Honest & Fair Business
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The company has a policy outlining procedures for receiving, retaining, and treating complaints regarding accounting, internal controls, or auditing matters, including confidential and anonymous submissions.
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However, there is no evidence of independent investigation processes. The company restated its unaudited consolidated financial statements for Q1, Q2, and Q3 2023 due to errors in revenue recognition, accounts receivable, and inventory reserves.
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Additionally, the 2023 results were restated and filed with the 2023 Form 10-K, and the company had one restatement for the Form 10-K for the year ended December 31, 2024.
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The company also received Nasdaq compliance notices for the delayed filing of its 2023 Annual Report on Form 10-K and its Q1 2024 Quarterly Report on Form 10-Q, with compliance for the 2024 Form 10-K regained on April 23, 2025.
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Kind to Animals
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No evidence available to assess BIO-key International, Inc. on Kind to Animals.
No War, No Weapons
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No evidence available to assess BIO-key International, Inc. on No War, No Weapons.
Planet-Friendly Business
-20
The company has not incurred any material expenses related to compliance with federal, state, or local environmental laws and does not anticipate any in the foreseeable future.
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This indicates an absence of material environmental compliance violations.
Respect for Cultures & Communities
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The provided article focuses solely on BIO-key International, Inc.'s cybersecurity collaboration in Spain through its membership in the ISMS Forum.
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It does not contain any specific data points or metrics related to the company's respect for cultures and communities, community engagement, indigenous rights, or any other criteria outlined in the scoring rubric.
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Therefore, no KPIs can be scored based on the available evidence.
Safe & Smart Tech
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No specific, quantifiable evidence was found in the provided articles to assess BIO-key International, Inc. against the defined KPIs for the 'Safe & Smart Tech' ethical value. The articles primarily discuss general cybersecurity trends, industry challenges, and the features of the company's products (e.g., PortalGuard's support for MFA, SSO, biometrics) rather than providing data on the company's internal practices, investments, or specific outcomes related to data breaches, privacy, or AI ethics.
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Information about product features does not directly translate to company-wide implementation or performance against the specified KPIs.
Zero Waste & Sustainable Products
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No evidence available to assess BIO-key International, Inc. on Zero Waste & Sustainable Products.