PaymentsSource: Biometrics and behavior analysis are needed to unmask fake identities
April 24, 2017 — Biometrics and behavior analysis are needed to unmask fake identities Lisa Baergen, director at NuData Security, guest writes this PaymentsSource article discussing the power of biometric and bahavioral analytics in order to unmask fake identities online. It could be a scene right out of Mission Impossible. You go online and buy consumer information on the Dark Web and then craft a new identity that can be positively verified, complete with authentic banking credentials and the world …
Understanding the Types of Authentication Authentication methods are usually grouped into a few different factors. 1. Ownership Factors Bank cards, security tokens, mobile phone. Physical objects which a user is required to be in possession of. The risks to these types of authentication are theft and cloning. 2. Knowledge Factors Something the user knows. A password, PIN or answer to a question such as “what is the first street you grew up on” 3. Inherent Factors These attempt to make