Fraud & Risk
The Next Evolution of Authentication
The "death" of passwords as a means of verifying user identities has been predicted for years, but passwords remain the most common form of authenticating users. This whitepaper examines how we have arrived at this state, and how stolen consumer information is used to fuel identity fraud. Four principles of multi-factor authentication are then discussed, with vulnerabilities noted for each. A detailed infographic explaining single-factor and multi-modal touchpoints is included, with NuData's perspective on behavioral biometrics concluding the paper.