Tag: Authentication | Page 13

Facebook’s Two Factor Authentication Via Key On Mobile Devices Is The New Means of Optimum Security / Digital Information World

March 21, 2021/in Mobile Security

Online security is a basic necessity nowadays. With technology so advanced it is someone’s left handed game to hack into your account and log you out of it and therefore companies are trying to make more secured and reliable methods to protect your account.

A few months ago Twitter became a game changer when it introduced support for a two factor authentication keys for their application on mobile devices and while Facebook had a similar thing going on for their desktops, this was never introduced for Facebook mobile.

But what is a two factor authentication key?

It is basically a USB like key that protects your account information and helps you log in into it through either wirelessly through Bluetooth or by manually plugging it in your phone and there will be only one key for one account of which you will have the ownership. Since Facebook already had this for their desktop it was about time to introduce this on their mobile application as well and that is exactly what the tech giant did.

As of today, Facebook has started allowing users to register hardware keys on both Android and iOS devices. In order to enroll your key for the application, all you have to do is head over to Security and Login in the settings part of the app and Security Key under Two-Factor Authentication. Keys can unlock your account wirelessly via Bluetooth or by physically plugging into your phone for a wired connection.

However, this feature has not completely rolled out for the general public as when some people tried logging in an error occurred on their screens meaning it will take some time before the feature is officially rolled out.

Facebook in one of its announcement encouraged the general public to the security key feature regardless of what mobile device you are using or whether or not you have chances of getting your account hacked because this feature is the most secured form of privacy and security any user can achieve until now. However, the company will still offer other sources of security incase users do not switch to this key method like authentication apps, text message verification, and recovery codes, though none of these are as secure as an actual key.

It is great to see tech giants…

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Mobile Payment Authentication and Data Security Market is thriving worldwide by 2027 | Top Key Players like AimBrain, BioCatch, Braintree, Carta Worldwide, Daon, Duo, EdgeVerve, Fiserv – KSU

March 9, 2021/in Mobile Security

Mobile Payment Authentication and Data Security Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. It also provides market information in terms of development and its capacities.

“Mobile Payment Authentication and Data Security Market is growing at a High CAGR during the forecast period 2021-2027. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market”.

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Some of the Top companies Influencing in this Market includes:

AimBrain, BioCatch, Braintree, Carta Worldwide, Daon, Duo, EdgeVerve, Fiserv, Fujitsu, G+D, Gemalto, HYPR, IDEMIA, ImageWare, iProov, Mastercard, MeaWallet, Micro Focus, Nuance, Okta, Protegrity, RSA, Shift4, Stripe, Trustonic, Visa.

Various factors are responsible for the market’s growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Mobile Payment Authentication and Data Security market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Mobile Payment Authentication and Data Security market’s trajectory between forecast periods.

Global Mobile Payment Authentication and Data Security Market research report offers:

Market definition of the global Mobile Payment Authentication and Data Security market along with the analysis of different influencing factors like drivers, restraints, and opportunities.
Extensive research on the competitive landscape of…

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Transmit Security Introduces Fully Passwordless Authentication Solution

February 25, 2021/in Mobile Security

Transmit Security is looking to accelerate the end of passwords with the release of a completely passwordless security solution. BindID offers support for face and fingerprint recognition, taking advantage of the sensors and cameras that come embedded in modern IoT devices.

Transmit Security Introduces Fully Passwordless Authentication Solution

Unlike other solutions, BindID does not require the use of a dedicated app. Instead, organizations can integrate BindID into their existing infrastructure through the use of open standards and APIs, allowing customers to authenticate themselves and gain access to personal accounts and corporate materials with secure device biometrics.

The solution is compatible with virtually any connected device, and can also be used to protect channels and devices that do not have their own biometric scanners. In those cases, customers can use the biometric authentication features on their own mobile devices to verify their identities. As a result, BindID can be used to secure call centers and web channels in addition to individual devices and workstations.

Transmit is hoping that BindID will motivate companies to drop passwords as an authentication option, noting that most access control solutions still allow users to sign in with passwords should they choose to do so. BindID is intended as a full replacement, to the point that organizations would be able to delete all of the passwords in their database, and eliminate the security threat that they represent, once they decide to implement it.

Transmit went on to argue that businesses that adopt BindID will generate more revenue and garner more goodwill with a better customer experience. In that regard, the company cited a recent FIDO Alliance survey that found that roughly 60 percent of consumers have abandoned an online purchase as a direct result of the hassle associated with passwords.

“BindID marks the end of the password era,” explained Transmit Co-Founder and CEO Mickey Boodaei. “Users can authenticate through their mobile or any biometrics-enabled device without the need for an authentication app.”

BindID arrives several years after the 2017 debut of the Transmit Security Platform, which was Transmit’s previous mobile authentication offering. Trasmit is one of the…

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