Starry momoko next gen authentication
How Next-Generation MFA Closes the Security Gaps of Legacy MFA
2022 will go down as the year when multi-factor authentication (MFA) failed. A record number of organizations of all types suffered attacks from malicious cyber criminals, and the losses totaled billions of dollars. Membership in the victims' club is skyrocketing with thousands more joining Uber, Cisco, Hanes Brands, and Rackspace to name of a few of the firms that were breached despite having great people, policies, and tools. In all of these instances, their legacy MFA was defeated. These incidents are hard evidence that legacy MFA is no longer effective against today’s sophisticated attacks.
Enemy state-sponsored hackers and cybercriminals are routinely defeating legacy MFA, and organizations should not rely on it to secure their assets. Instead, organizations need is a way to capture the security benefits of traditional MFA while securing digital identities and eliminating its weaknesses. The solution is next-generation MFA, a powerful combination of three key elements – using biometrics, removing a reliance on human perfection, and utilizing a wearable device for improved security.
Overcoming the weaknesses Biometrics are growing in popularity as an alternative to less secure forms of authentication and are gaining wider acceptance among consumers and employees. According to a report by IBM, 67 percent of people are already comfortable using biometric identifiers, and 87 percent feel they will be comfortable doing so in the near future. Millennials, who tend to be more tech-savvy, report a 75 percent acceptance rate.
This increased familiarity with biometrics makes it easier for businesses to take advantage of emerging trends in the identity and access management (IAM) space, thus providing security solutions with the potential to replace passwords, PINs and other easily compromised identifiers.
Biometrics in Action
The most common and established forms of biometric authentication are biological:
• Voice recognition relies on vocal patterns, and the market is expected to see significant maturation through 2026.
• Fingerprint scans are used for everything from smartphone access to biometric locks.
• Facial scans are detailed but demand proof of the user’s actual presence to be effective.
• Palm or vein scans, a newer solution, look for the singular vein patterns in users’ h
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Biometrics are growing in popularity as an alternative to less secure forms of authentication and are gaining wider acceptance among consumers and employees. According to a report by IBM, 67 percent of people are already comfortable using biometric identifiers, and 87 percent feel they will be comfortable doing so in the near future. Millennials, who tend to be more tech-savvy, report a 75 percent acceptance rate.
This increased familiarity with biometrics makes it easier for businesses to take advantage of emerging trends in the identity and access management (IAM) space, thus providing security solutions with the potential to replace passwords, PINs and other easily compromised identifiers.
Biometrics in Action
The most common and established forms of biometric authentication are biological:
• Voice recognition relies on vocal patterns, and the market is expected to see significant maturation through 2026.
• Fingerprint scans are used for everything from smartphone access to biometric locks.
• Facial scans are detailed but demand proof of the user’s actual presence to be effective.
• Palm or vein scans, a newer solution, look for the singular vein patterns in users’ h
.
.
.