Strong Customer Authentication Solutions

  When it comes to improving the security of your business, one of the things that you should consider is strong customer authentication (SCA). Not only is strong authentication a compliance exercise, but it is also something that can be a driver for innovation. Authentication is simply the process of proving who an individual is and confirming their intention to perform an action, like allowing access to account information or making a payment transfer electronically. Strong customer authentication is a regulatory requirement that is based on the use of two or more of the following elements: knowledge (something only the user knows, like a password), possession (something only the user possesses, like a mobile phone or a code generating device), and inherence (something the user is, like their facial or fingerprint biometric data). Strong customer authentication requires two factor authentication as well as dynamic linking (meaning a clear and unforgeable message to the consumer) to

  Whether or not to use passwordless authentication ux is a question that you may be asking yourself right now if you are a business person.  Employees are without doubt one of the fundamental elements of your organization. Yet sadly, most of the security issues arise because of employee negligence and errors. One common mistake made by employees is the use of weak passwords. According to a Verizon report, 81 percent of data breaches occur because of weak, stolen or misused passwords. The good news is that things can be better when you switch to passwordless authentication. There are quite a number of advantages of using passwordless authentication ux in your business. The first one is that it provides protection against phishing attacks. Phishing is said to be one of the most prevalent types of cyber-attacks, comprising more than 80 percent of reported attacks. The attacker will in most cases aim to deceive the users into compromising their login credentials. Since passwordless authe

  Are you looking for a good fraud prevention solution to use in your company? In the fight against cyber-crime, selecting the right fraud prevention tool is very essential. Whether you are actively seeking a fraud and risk management solution or you are investigating the other options that are currently available, the following are some tips to help you find the best supplier. First of all, you will need to re-evaluate your existing rules.  There should be rules to setup in real-time and offer complete flexibility. Testing different combinations of rules is very important for analyzing and managing specific areas of risk. With the right system, you can test rules in advance and auto-create lists of known bad trends, which can then be acted upon by your system in the future. This can save you time and money across millions of transactions. It would be good to take the time to review your current provider’s offering, and ask how many rules can be setup in your system. On average, this

  In recent years, the cybersecurity industry has experienced a significant increase in websites losing consumer data to bad actors. There have been many account takeover fraud losses, and leading customer facing companies such as Google have experienced massive data security breaches. With the fundamental loss in consumer trust and millions in lost revenue, it is important for companies to take a second look at their approach to protecting their users. In March 2019, the World Wide Web Consortium (W3C) announced that FIDO WebAuthn is now the official web standard for password-free login. With support from a broad set of applications, widespread adoption of WebAuthn is expected in the coming years. With this new standard, any web application that runs in a browser that supports WebAuthn can now take advantage of these authenticators to securely authenticate users. Mozilla Firefox, Google Chrome, Microsoft Edge, Apple Safari, Opera, and rapid adoption by platforms (such as MSFT Edge with

  You are probably whether digital signature technology is something that you can benefit from in your business. With this technology, you can optimize your workflow and management processes. A digital signature API will allow you to collect signatures for agreements, deals, and contracts or legal documents directly on your website or product. You can integrate a secure, trusted digital signature API in order to sign documents, request electronic signatures, automate the forms and data, and speed up the signing process. It is also possible to perform multi-factor authentication and download the sealed documents while also tracking the status of the documents in real-time, right from a website or your app. There are various good reasons why using digital signature technology is a good idea. One of the reasons is that it leads to enhanced document security and safety. In the office, your paper documents may not be as secure and safe as you may think. The documents can be stolen, destroy

  If you are not yet using digital identity verification in your business, it is something that you should definitely consider giving a try. With the world becoming increasingly digital, it is important that you stay up to date with this trend. To do this, there are many different areas as well as processes to adopt, adapt to, and embrace moving forwards. If you require a high level of security and privacy for your customers, digital identity verification can be an invaluable part of the process. Additionally, this type of verification has extensive and necessary benefits for those who want to implement the technology. So, what exactly is digital identity verification? If you are a business owner and have not yet embraced this aspect of digitalization, you may not be entirely sure what it is or what it involves. Digital identity verification refers to the process of validating who someone is through digital means, for instance through a real-time photo or video. While this sounds simp