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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/

Media Inquiries:
Karla Jo Helms
JOTO PR™
727-777-4629
jotopr.com

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Club Offers for Travel Enthusiasts in Canada

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

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SOURCE Travelzoo

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Howard Hughes Holdings Set to Join S&P SmallCap 600

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) will replace Arcosa Inc. (NYSE: ACA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P 500 constituent CRH plc (NYSE: CRH) has acquired Arcosa in a deal that closed today, October 23.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name  

Action

Company Name

Ticker

GICS Sector

October 28, 2026

S&P SmallCap 600

Addition

Howard Hughes Holdings

HHH

Real Estate

October 28, 2026

S&P SmallCap 600

Deletion

Arcosa

ACA

Industrials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

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SOURCE S&P Dow Jones Indices

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

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