Digitalization has, no doubt, created a spike in cyberattacks. The recent online attack on politicians and celebrities that led to the arrest of a 20-year-old in Hesse, is proof to the same. “It is possible to carry out data attacks from anywhere in the world – even from children’s rooms. This can have serious consequences for public life”, quotes Ungefuk, from the Attorney General’s office on the issue.
IT Security has become a critical business function without which the very reputation of any company could land at stake. However, many companies still overlook the very many aspects of security. This results in significant gaps, which hackers easily exploit. Most of the famous hacks are inexpensive, easy and lucrative, yielding huge money in exchange for stolen data.
Authentication is indispensable in protecting data or resources – Be it entering an office premise, backing up confidential information, performing an online banking transaction or even making an online purchase. The growth of the “Internet of Things”, with a massive number of sensors and other devices connected to the internet, only adds on to the pressing need for authentication.
If you are the one, who uses the same password across platforms or slight variations of it or write it down, then for your own good, you will need to change. Passwords, as we know, have outlived their time. However, the process of authentication has evolved – to stay one step ahead of cybercriminals who find it easy to crack conventional passwords, and simultaneously maintain the optimal customer experience.
Thinking beyond passwords, organizations today rely on the fact that Biometrics certainly serves as a unique key to a person’s identity. This, when combined with smart fraud detection based on Big Data Analytics, Machine Learning, user profiling and predictive factors, could be leveraged to enhance authentication and ensure that all the requirements of data protection and cybersecurity are met.
Multifactor Authentication (MFA) using biometric recognition technology, hence, ensures adequate security and acts as a shield that safeguards data and resources. The following methods could be used and combined for effective identification and authentication:
- Face Recognition: Users identified using advanced, biometric facial features
- Voice recognition: Identification by voice
- Fingerprint recognition: Touch based identification
- Pattern: Identification through a user-drawn pattern
- Push notification: Identification by the confirmation of message by the user only on the configured device
These methods could be leveraged to facilitate password-less authentication – Where the user could just scan a code or even their face using their phone’s camera to gain access to their devices. This not only provides an enhanced user experience but could also minimizes successful phishing attacks.
A two-factor authentication (2FA) only heightens security – for example, finger or face recognition in addition to a password validation provides the required “strong security”. Triggering 2FA in case of suspicious activities detected using fraud detection systems could help in protecting data and keeping fraudsters at bay.
Hence, 2-Factor authentication combined with biometric technologies would certainly be the way ahead, making it difficult to gain unauthorized access to data or information across devices, platforms and systems.
The panacea to the global “Data theft epidemic” is certainly a robust identity management solution. A modern, Big Data Technology based Customer Identity and Access Management (CIAM) software is essential not only to manage data and identities, but also to provide the appropriate authentication mechanism – for example, to allow the distribution of roles and access rights to the employees of an organization and correspondingly authorize them, be into physical or digital spaces.
cidaas, with its in-built intelligent fraud detection system, offers a wide range of authentication options to ensure that data is never compromised. Users can benefit from its array of MFA options for password-less authentication/2FA and role-based/access-based authorization mechanism that provides the best-in-class security. With cidaas, you can confidently steer your business in the right direction – into a highly secure digital future!
You are already one step ahead and want to see our solution in action? Get your free demo version today: https://cidaas-in-action.cidaas.de/