INSIGHTS
The future of MFA and biometrics integration includes the deployment of behavior detection, beam-forming techniques, occupant classification systems,electrocardiographic recognition, electroencephalographic recognition, and DNA recognition.
The integration of biometrics and multi-factor authentication, whichlinks passwords and PINs with the physical characteristics of users, is one of the new trends and developments around strong authentication technologies.
Both consumers and enterprises are using passwords less, leading to a rise in the adoption of strong authentication and traditional multi-factor authentication.
The presence of cryptographically-backed strong authentication solutions has resulted in a 50% increase in the enterprise authentication since 2017. One of the new trends and developments around strong authentication technologies is the integration of biometrics and multi-factor authentication. This method combines users' PINs and passwords with their physical attributes through eye scanning, voice recognition, fingerprint scanning, and facial recognition. Some widely used multi-factor authentication (MFA) sensors includes password protection, token presence, voice biometrics, hand geometry, and ocular-based methodology. Below we have presented a detailed overview of our research strategy, any assumptions we have made, and additional findings from our research.
To locate information on the new trends and developments around strong authentication technologies, we reviewed multiple sources discussing the topic. We examined research papers published by credible firms such as Javelin Strategy & Research and organizations like FIDO Alliance and World Wide Web Consortium (W3C). We also reviewed industry reports from research firms such as Allied Market Research, Euromonitor, and Grandview Research. Additionally, we looked into articles and blog posts from industry players like M2SYS Technology, Siam Commercial Bank, and Clearbridge Mobile. Moreover, we searched through articles and blog postsby technology websites such as Tech Crunch, Mashable, The Verge, and Tech Beacon.
After examining the sources mentioned above, we compiled a list of developments and trends that were discussed. From our list, we then selected the most consistently cited and notable trends. Next, we searched for additional details on each trend/development. We then arranged the trends/developmentsby the type of strong authentication technology.
The future of MFA and biometrics integration includes the deployment of behavior detection, beam-forming techniques, occupant classification systems,
The integration of biometrics and multi-factor authentication, which
Both consumers and enterprises are using passwords less, leading to a rise in the adoption of strong authentication and traditional multi-factor authentication.
The presence of cryptographically-backed strong authentication solutions has resulted in a 50% increase in the enterprise authentication since 2017. One of the new trends and developments around strong authentication technologies is the integration of biometrics and multi-factor authentication. This method combines users' PINs and passwords with their physical attributes through eye scanning, voice recognition, fingerprint scanning, and facial recognition. Some widely used multi-factor authentication (MFA) sensors includes password protection, token presence, voice biometrics, hand geometry, and ocular-based methodology. Below we have presented a detailed overview of our research strategy, any assumptions we have made, and additional findings from our research.
To locate information on the new trends and developments around strong authentication technologies, we reviewed multiple sources discussing the topic. We examined research papers published by credible firms such as Javelin Strategy & Research and organizations like FIDO Alliance and World Wide Web Consortium (W3C). We also reviewed industry reports from research firms such as Allied Market Research, Euromonitor, and Grandview Research. Additionally, we looked into articles and blog posts from industry players like M2SYS Technology, Siam Commercial Bank, and Clearbridge Mobile. Moreover, we searched through articles and blog posts
After examining the sources mentioned above, we compiled a list of developments and trends that were discussed. From our list, we then selected the most consistently cited and notable trends. Next, we searched for additional details on each trend/development. We then arranged the trends/developments
STRONG AUTHENTICATION TECHNOLOGIES IN COUNTERING DATA BREACHES & SOPHISTICATED PHISHING ATTACKS
Since the year 2017, the availability of strong authentication methods, that are cryptographically-backed, on devices has contributed to the growing trend of strong authentications for consumers. It has also led to a nearly 50% increase in enterprise authentication. Cryptographically-backed strong authentication has a major advantage over one-time passwords (OTPs) and passwords since it is not vulnerable to man-in-the-middle, phishing, or other intrusions targeting individuals' credentials. The use of passwords for both enterprises and consumers has diminished as the adoption of strong authentication and traditional multi-factor authentication (MFA) has risen. A prominent trend among technologies for strong authentication is the integration of biometrics and multi-factor authentication.
MULTI-FACTOR AUTHENTICATION
In payment firms, multi-factor authentication integrated with cryptography,geolocation -based verification, secure elements, and biometrics reduces data breaches and cyber threats. Advancements and developments in cloud-based authentication services, software and hardware applications, and biometric technologies are expected to aid the market for multi-factor authentication to achieve extensive growth. According to Grandview Research, rising investments in mobility solutions, cloud technologies, and BYOD are anticipated to cause a flip to the market for multi-factor authentication. A type of authentication being utilized by the government is Bring Your Own Credential (BYOC).
Several organizations are analyzing the use of multi-factor authentication by linking fingerprints with facial, voice, or retinal identification. Additionally, users of mobile banking use biometric recognition paired with passwords and PINs for authentication that is two-factored before manual logins become antiquated.
WIDELY DEPLOYED MFA SENSORS/SOURCES
Password Protection - Users are authenticated through a password, PIN code, or other methods.
Token Presence - It is a data loss prevention technology that supplements the use of a password with a physical device.
Voice Biometrics - Banks in the United Kingdom, including Barclays, used their customers to test voice authentication systems.
Facial Recognition - Facial recognition technology was used by Apple with the launch of the company's iPhone X, which has a lower error rate (1:1,000,000) when compared to fingerprint recognition (1:50,000).
Ocular-Based Methodology - TSB Bank (United Kingdom) was the first European provider of financial services to implement authentication using iris scanning.
Hand Geometry - This method applies the examination of the users' physical hand shape for authentication.
Vein Recognition - A computer company in Japan, Fujitsu, along with banks in the country logs customers into their accounts by employing palm vein authentication devices.
Fingerprint Scanner
Thermal Image Recognition
Geographical Location (Geolocation) - Crafted by Pulse ID, a startup based in Hong Kong, this method distinguishes a user's location, in real time, online.
BIOMETRICS
Consumers aspire biometric authentication specialties such as fingerprint scanning, voice recognition, facial recognition, and eye scanning the most, as reported by Javelin Strategy & Research. The ability to use physical attributes as a method of authentication to obtain user data has been thriving since the introduction of Apple's Touch ID and Samsung's fingerprint scanner.Tradelink utilizes FIDO-based authentication and Visa provides ID intelligence that leverages the companies' existing biometric strategies in guarding their information.
Since the year 2017, the availability of strong authentication methods, that are cryptographically-backed, on devices has contributed to the growing trend of strong authentications for consumers. It has also led to a nearly 50% increase in enterprise authentication. Cryptographically-backed strong authentication has a major advantage over one-time passwords (OTPs) and passwords since it is not vulnerable to man-in-the-middle, phishing, or other intrusions targeting individuals' credentials. The use of passwords for both enterprises and consumers has diminished as the adoption of strong authentication and traditional multi-factor authentication (MFA) has risen. A prominent trend among technologies for strong authentication is the integration of biometrics and multi-factor authentication.
MULTI-FACTOR AUTHENTICATION
In payment firms, multi-factor authentication integrated with cryptography,
Several organizations are analyzing the use of multi-factor authentication by linking fingerprints with facial, voice, or retinal identification. Additionally, users of mobile banking use biometric recognition paired with passwords and PINs for authentication that is two-factored before manual logins become antiquated.
WIDELY DEPLOYED MFA SENSORS/SOURCES
Password Protection - Users are authenticated through a password, PIN code, or other methods.
Token Presence - It is a data loss prevention technology that supplements the use of a password with a physical device.
Voice Biometrics - Banks in the United Kingdom, including Barclays, used their customers to test voice authentication systems.
Facial Recognition - Facial recognition technology was used by Apple with the launch of the company's iPhone X, which has a lower error rate (1:1,000,000) when compared to fingerprint recognition (1:50,000).
Ocular-Based Methodology - TSB Bank (United Kingdom) was the first European provider of financial services to implement authentication using iris scanning.
Hand Geometry - This method applies the examination of the users' physical hand shape for authentication.
Vein Recognition - A computer company in Japan, Fujitsu, along with banks in the country logs customers into their accounts by employing palm vein authentication devices.
Fingerprint Scanner
Thermal Image Recognition
Geographical Location (Geolocation) - Crafted by Pulse ID, a startup based in Hong Kong, this method distinguishes a user's location, in real time, online.
BIOMETRICS
Consumers aspire biometric authentication specialties such as fingerprint scanning, voice recognition, facial recognition, and eye scanning the most, as reported by Javelin Strategy & Research. The ability to use physical attributes as a method of authentication to obtain user data has been thriving since the introduction of Apple's Touch ID and Samsung's fingerprint scanner.
RECENT DEVELOPMENTS & ADVANCEMENTS OF BIOMETRIC AUTHENTICATION
Mobile Biometric Technology - Realizes individual biometric identification on a user's mobile device.
Multimodal Biometric Authentication Systems - Uses data from multiple, or a single, biometric devices to measure various biometric components to assure the efficiency of authentication.
Cloud-Based Biometric Solutions - Matches cloud-based biometric solutions with mobile biometric devices.
Vertical Specialized Biometric Solutions
Biometric Single Sign-On (SSO) - It is a technology for password management that shields information from unauthorized users. It also helps "banksto enter the biometric space for banking."
FUTURE MULTI-FACTOR AUTHENTICATION & BIOMETRICS INTEGRATION
Behavior Detection
Beam-Forming Techniques
Occupant Classification Systems (OCS)
Electrocardiographic (ECG) Recognition
Electroencephalographic (EEG) Recognition
DNA Recognition
HARDWARE CRYPTOGRAPHY
The security keys of the FIDO Universal Second Factor (FIDO U2F)is utilized by Google. FIDO U2F is an authentication technology that offers cryptographic proof that expands the password and username foundation of Google.
Mobile Biometric Technology - Realizes individual biometric identification on a user's mobile device.
Multimodal Biometric Authentication Systems - Uses data from multiple, or a single, biometric devices to measure various biometric components to assure the efficiency of authentication.
Cloud-Based Biometric Solutions - Matches cloud-based biometric solutions with mobile biometric devices.
Vertical Specialized Biometric Solutions
Biometric Single Sign-On (SSO) - It is a technology for password management that shields information from unauthorized users. It also helps "banks
FUTURE MULTI-FACTOR AUTHENTICATION & BIOMETRICS INTEGRATION
Behavior Detection
Beam-Forming Techniques
Occupant Classification Systems (OCS)
Electrocardiographic (ECG) Recognition
Electroencephalographic (EEG) Recognition
DNA Recognition
HARDWARE CRYPTOGRAPHY
The security keys of the FIDO Universal Second Factor (FIDO U2F)