What will secure authentication look like in the future?
In recent years, at least half of all enterprises have fallen victim to digital business espionage or data theft, and the unreported cases are many times more than those reported. One reason for rising cybercriminality in times of mobile and cloud computing is the larger number of access points for attack due to the progressive increase in digitalization and the connectivity of devices, processes and supply chains. Furthermore, intangible assets – such as sensitive data, patents and specialized knowledge – are playing a growing role and are being targeted more by cybercriminals. This makes it all the more important to protect data well, but without enormously increased expense and effort for data access.
Protection by passwords is no longer adequate
But how is it possible to strengthen authentication without overburdening users, and how can user access be protected and monitored in today’s multi-perimeter environments? Passwords alone have long been unable to offer adequate security, as demonstrated in the 2017 Verizon Data Breach Investigations Report. According to this report, 81% of all security incidents involve stolen, spied or weak passwords. Until just a few years ago, registrations to corporate networks were still executed nearly exclusively from a secure network. Today, however, businesses must manage and implement user access over various channels, such as mobile devices, social media and the cloud. In all these different access scenarios, authentication by a user name and password alone is no longer sufficient to provide the necessary security.
Why multi-factor authentication is a necessity
What requirements will there be for future authentication if the password no longer fulfills the criteria for an IT world that is increasingly marked by cybercriminality? Multi-factor authentication, or MFA, boosts security significantly in the authentication process, because it adds an extra level of security. In addition to the user name and password, another factor is required for log-in, such as a fingerprint, smartphone or smartcard. This two-factor authentication can also be supplemented by other factors such as a session ID, IP address, number of successful log-ins or the user’s location.
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