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AI Agents Do Not Need Their Own Identity System. WinMagic Says One Architecture Can Cover All

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With machine identities already outnumbering humans 82 to 1, WinMagic argues AI agents should be verified through a common trust architecture spanning users, devices, workloads, and machines.

TORONTO, July 28, 2026 /PRNewswire/ — Cybersecurity teams are preparing for AI agents by adding new credentials, policies, and controls to identity environments already divided across users, devices, service accounts, and cloud workloads. A 2025 survey found 82 machine identities for every human identity and that 70% of respondents considered identity silos a root cause of cybersecurity risk. Thi Nguyen-Huu, President and CEO of WinMagic, a cybersecurity innovator known for endpoint-based authentication and encryption, says the work on AI agents’ identity is necessary but it should not become another identity silo. The architecture that covers AI agents can cover users, devices, service accounts, and workloads.

What each of them needs is a trusted witness at the point of access that can confirm who is acting, on what platform, and under what conditions. “Identity is what you verify before you give access,” said Nguyen-Huu. “Online, it cannot be the user alone. It has to be the actor, on a platform, under a defined set of conditions. Once you define identity that way, there is no reason to build a new architecture for a new actor.”

Identity Has Outgrown the Human User
CyberArk reports that 42% of machine identities have privileged or sensitive access, even though 88% of surveyed organizations define a privileged user only as a human identity. AI agents expose that fragmentation. They can access data, call application programming interfaces, use enterprise tools, and act on behalf of people or other systems. The National Institute of Standards and Technology’s National Cybersecurity Center of Excellence is exploring standards-based approaches to identify, manage, and authorize software and AI agents, as well as audit the actions they take. Its February 2026 concept paper proposes extending identity standards that already exist rather than building new infrastructure. WinMagic agrees with that direction.

“Adding a specialized control for every environment can look like progress”, Nguyen-Huu said. “But it creates more policies and exceptions to manage.”

Authorization Is Not the Same as Identity
Tokens were designed to carry authorization, meaning what an actor is allowed to do. Because tokens accompany every request, they gradually became a stand-in for identity, even though they were never designed for that purpose. Nguyen-Huu argues that identity should be verified in the communication channel at the moment of access. The verifier can then assess who is authorized, whether the approved actor is participating now, and if the platform and security conditions still hold.

One Architecture Does Not Mean One-Size-Fits-All
The architecture does not require every environment to use the same credential, policy, or set of security conditions. Organizations decide which signals matter for each use case and apply a consistent method for deciding whether access should continue.

In connected environments, the endpoint evaluates local conditions while external systems provide additional authorization and risk signals. In disconnected or air-gapped environments, the endpoint assumes more of that responsibility because outside services may be unavailable. If required conditions change, the Live Key, protected in device hardware, is no longer available for the next connection.

“A unified architecture does not mean every environment works the same way,” Nguyen-Huu points out. “The conditions change; the principle does not. Access continues only while the conditions that justified it still hold. Until now, the only way to approximate that was a timer, which is a guess about the future.”

Every Authorized User Already Has a Trusted Witness
For human-operated devices, the trusted witness is the endpoint. It can distinguish between an authorized user on an approved device, an unauthorized actor, and a legitimate person without permission, allowing access decisions without repeated password prompts or portable tokens. Unlike the physical world, where continuous observation is impossible, every online interaction already passes through a device capable of providing that verification.

MagicEndpoint applies that model alongside existing identity and access management systems. Mutual Transport Layer Security allows machines to prove possession of cryptographic keys during a connection, making AI agents a natural fit. WinMagic extends the same machine-to-machine architecture to people by allowing the endpoint to hold the key and vouch for the verified user.

The missing ingredient is not cryptography or hardware. It is a practical way to continuously verify people without repeatedly interrupting them. By shifting that responsibility to the endpoint, a mechanism originally designed for machines can also support human identity.

“We keep building new identity systems every time a new actor appears,” Nguyen-Huu said. “The witness we need is already at the source. The endpoint is already there when the actor acts on the platform.. We do not need another identity silo. We need one architecture, and an endpoint allowed to vouch.”

About WinMagic

WinMagic’s mission is to secure the digital world through high standards and strong ethics. For nearly three decades, the organization has led innovation in encryption and endpoint security. Today, WinMagic is advancing a new paradigm for online access—anchoring the endpoint as the foundation of trust. By letting endpoints speak for users, WinMagic turns cumbersome logins into seamless, automated exchanges. What was once user-to-machine communication now becomes a machine-to-machine relationship, governed by policy and anchored in cryptography. This evolution eliminates friction, reduces risk, and lays the groundwork for the Secure Internet—where security is continuous, effortless, and requires no user action. Learn more at https://winmagic.com.

References:

CyberArk. (2025, April 23). Machine identities outnumber humans by more than 80 to 1: New report exposes the exponential threats of fragmented identity security. cyberark.com/press/machine-identities-outnumber-humans-by-more-than-80-to-1-new-report-exposes-the-exponential-threats-of-fragmented-identity-security/National Cybersecurity Center of Excellence. (2026, February 5). Accelerating the adoption of software and AI agent identity and authorization [Concept paper]. National Institute of Standards and Technology. nccoe.nist.gov/sites/default/files/2026-02/accelerating-the-adoption-of-software-and-ai-agent-identity-and-authorization-concept-paper.pdfNguyen-Huu, T., Nikitin, S., & O’Leary, J. (2026, July 6). Condition-bounded credentials for workload and agent identity: Non-exfiltratable keys and validity by presence (Internet-Draft No. draft-winmagic-wimse-condition-bounded-credentials-01). Work in Progress. Internet Engineering Task Force. datatracker.ietf.org/doc/draft-winmagic-wimse-condition-bounded-credentials/WinMagic. (n.d.). MagicEndpoint: One device login. Continuous security for everything. Retrieved July 21, 2026, from winmagic.com/en/magicendpoint/

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YPTC Philadelphia Named #1 Best Place to Work in 2026!

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PHILADELPHIA, July 28, 2026 /PRNewswire/ — Your Part-Time Controller, LLC (YPTC) has been named the 2026 #1 Best Place to Work by the Philadelphia Business Journal. Announced on July 23rd at the publication’s in-person awards event, YPTC was recognized as the top-ranking company in the “Large Business” category. 

To generate its list of local honorees, the Philadelphia Business Journal worked with Quantum Workplace to distribute comprehensive surveys where employees measured the strength of their organization’s leadership, culture, benefits, and more.

For over 15 years in a row, YPTC has been recognized as a Best Place to Work in Philadelphia and was named #1 in 2021, 2023, and 2025. Nationally, YPTC was recognized by Accounting Today as the #1 Best Firm to Work for in 2025 and ranked #59 in the Top 100 firms in 2026. YPTC was also ranked the #2 Best Place to Work for Women in 2025.

Philadelphia is home to an incredible nonprofit community, and we’re proud to support so many organizations making a difference throughout the city and the region,” said Carole Melvin, YPTC Regional Director. “Being named a Best Place to Work reflects our commitment to creating a workplace where talented people can thrive while helping our clients strengthen their missions. I’m incredibly proud of our people and grateful for the positive impact they make for one another, our clients, and the communities we serve.” 

Read the full article to learn more about YPTC Philadelphia’s Best Place to Work recognition and see the full list of winners.

YPTC is hiring! If you’re an accounting professional seeking flexible and purpose-driven work, visit our Careers page to see our open positions.

About YPTC 
YOUR PART-TIME CONTROLLER, LLC (YPTC) is a national accounting firm with over thirty years of experience building stronger nonprofits. YPTC offers specialized nonprofit accounting services, including fractional/outsourced CFO, accounting and month-end financial management, financial planning and analysis, and grant management and compliance. Support, flexibility, and transformation mark our overall approach; we meet clients wherever they are. As a trusted thought partner, YPTC allows nonprofits to focus on what matters: furthering the mission of the organization. For more information, please visit our website www.yptc.com.

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SOURCE Your Part-Time Controller, LLC

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OSC finds growing awareness, ownership and optimism toward crypto assets

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TORONTO, July 28, 2026 /CNW/ — The Ontario Securities Commission today published the results of a survey that shows awareness and ownership of crypto assets among Canadians are on the rise. The survey of 2,360 Canadians found that 59 per cent are aware of crypto assets, while ownership has increased to 25 per cent.

Crypto markets continue to evolve, and Canadians are participating in them more than ever before,” said Naizam Kanji, Executive Vice President, Strategic Regulation at the OSC. “By identifying emerging trends and behaviours with our research, we can look around corners, anticipate potential opportunities and risks, and ensure our regulatory approach supports investor protection while fostering fair and efficient markets.”

The survey found an encouraging sign that crypto owners are becoming more informed about investor protection measures. Half of crypto owners reported checking whether their crypto asset trading platform is registered before using it, up from 38 per cent in 2023. However, at the same time, knowledge of crypto assets remains limited; many investors had some misunderstanding around regulation, insurance protections and transaction capabilities.

The research also examined emerging forms of digital assets. Awareness and ownership of stablecoins and tokenized real-world assets remain relatively low, but interest is high among those who are familiar with these products.  

The survey found that the majority of Canadians now believe that crypto assets will play a key role in the future of Canada’s financial system. Among Canadians aware of crypto assets, 38 per cent indicated they were highly likely to purchase crypto assets in the future, up 18 percentage points from 2023.

The OSC has resources to help investors understand crypto assets and how they work on GetSmarterAboutMoney.ca. To stay on top of the latest information and resources, sign up for the OSC’s popular e-newsletter, Investor News.

The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at www.osc.ca.

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New Analysis From Obi Finds World Cup Match Days Sent Rideshare Prices Surging Across Host Cities

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Uber fares peaked 62% above baseline, while the World Cup Final produced the tournament’s most expensive rideshare night

NEW YORK, July 28, 2026 /PRNewswire/ — World Cup fans faced significantly higher rideshare prices on match days, particularly for riders who chose Uber, according to a new analysis from Obi, the global real-time rideshare price-comparison platform.

Obi analyzed more than 15,000 fare and wait time data points from Uber, Lyft, Waymo and DiDi across eight World Cup host cities and 15 key matches, spanning the opening weekend through the Final. Uber prices rose above their prior-week baseline during every match Obi monitored, with an average peak increase of 62%. Lyft fares peaked 43% above baseline on average.

The price impact grew as the tournament progressed. Uber’s average peak increase was 59% during the group stage, rising to 72% during the quarterfinals, semifinals and Final.

“Fans expect transportation to cost more when tens of thousands of people leave a stadium at once, but the size of these increases – as well as the differences between providers for exactly the same trip – were striking,” said Ashwini Anburajan, CEO of Obi. “This is precisely why greater price transparency matters. Riders should be able to see their options clearly and make an informed choice, especially when demand is at its highest.”

Among the report’s key findings:

The Final was the tournament’s most expensive rideshare night. In the New York market on July 19, Uber reached a peak fare of $143, 77% above baseline, while Lyft peaked at $102.New York – New Jersey was the most expensive host market tracked. MetLife Stadium averaged a peak Uber fare of $146 across the four matches Obi measured there.Provider choice produced substantial savings. During Brazil versus Morocco in New York, Uber reached $149 while Lyft was $91 for the same trip at the same moment – a $58 difference and the largest provider gap recorded.The largest variance between Lyft and Uber was during Brazil vs Morocco, recorded at $58, a 64% variance.Lyft was generally less expensive than Uber in U.S. markets. In New York, Lyft frequently ran $30 to $50 below Uber on match nights.Higher prices were often accompanied by shorter pickup times. Obi found that Uber wait times declined on most of the game nights it analyzed, suggesting that higher fares helped draw more drivers onto the platform.

Across the tournament, the difference between the least and most expensive provider averaged $25 on game nights. The results illustrate how quickly major events can change local rideshare markets, as well as how consumers can pay materially different prices depending on which app they open.

“Rideshare pricing is dynamic by design, but consumers rarely have a clear view of the entire market,” Anburajan added. “The World Cup demonstrated that the first price a rider sees may be far from the best one available.”

The complete report, “The World Cup Effect: How Match Days Sent Rideshare Prices Surging,” is available at https://rideobi.com/worldcup/

ABOUT OBI

Obi is a global real-time aggregator that compares millions of pricing and pick-up (ETA) data points, providing consumers and businesses with actionable insights. The free Obi app allows riders to compare all the major rideshare providers, taxis and black cars instantly. With over 1,500,000 users, the Obi app is available in over 175 countries, providing global price transparency for riders. The app is available for free download on iOS and Android at rideobi.com.

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SOURCE Obi

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