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Showing posts from March, 2021

The Benefits Of User Identity Verification

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  With more and more cases of identity theft, transaction fraud, and data breaches online being reported almost every day, as a business person, you need to take the necessary steps to make sure that your business is secured.   Many countries have been bringing in stricter regulations around Anti-Money Laundering (AML) as well as the need to know and verify that your customer is who they say they are (KYC). Verifying user ID is especially important if your company processes payments or handles sensitive and private information. Chances are you have encountered user identity verification in some online stores or when you are completing applications online. This could have happened where you were contacted after to say they need to see your identification document, driver license or passport in order to complete the order. While this still works, it is manual and time-consuming. You might need to wait days to have it processed, which is not exactly a great user experience. Fortunatel

The Benefits Of Identity As A Service

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  What is identity as a service?  This is something that you may be interested to know if you have decided to take advantage of this technology in your business. IDaaS is an ideal solution if you want to get an app/service to market quickly, but without compromising on the security of the identity management components. However, for some companies, their identity needs may go beyond SaaS identity and access management capabilities. In this article, we look at the reasons why your business needs IDaaS. One of the things that identity as a service can do is safeguard you against data breaches. The vital function of IDaaS is to better secure and use identity data as well as identity credentials, and to secure system access to only the privileged users. This includes both internal and external users, such as customers, contractors and partners. In most businesses, a lot of breaches usually occur as a result of the theft as well as unauthorized use of identity credentials or weak access con

The Benefits of Biometric Identification Technology

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  If you are not yet using biometric identification technology , it is something that you should seriously consider implementing. Biometrics simply refers to the measurement and analysis of an individual’s physiological or behavioral traits. Experts break down multi-factor authentication of a person’s identity by technology into three parts, namely knowledge, possession and inherence. Biometrics falls into the possession and inherence parameters. When a service or device uses biometrics for identity verification, its purpose it simply to verify that a user is who they claim they are by comparing their biometric input with the biometric data that has previously stored previously. The following are some of the benefits of this technology.  First of all, biometric identification promotes high security and assurance. Biometrics provide improved levels of assurance to providers that a person is who they say they are by verifying a tangible, real-world trait as both something the user has as

How To Choose An IDaaS Solution

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  Selecting an IDaaS solution to implement in your company can be a challenging task if you do not know where to start.  In order to choose the right off-premise solution for identity and access management, you must evaluate security, functionality as well as adaptability prior to implementation. The following are some of the things you should keep in mind to be able to select a reliable IDaaS vendor to support diverse access requirements.  First and foremost, you need to consider if the IDaaS solution that you are interested in works with all application in your company. A lot of enterprise-level organizations usually take a hybrid approach to business applications, whereby they host some applications on premise and others in the cloud. Reconciling identity and access management across these applications can be a challenge, particularly in a scenario where legacy solutions are involved or the users need seamless access from a wide range of devices. If you use applications that are bu

A Look At The Benefits Of User ID Verification

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  We live in an era where there is an increasing number of cyberattacks and fraud cases affecting businesses. The good news is that user ID verification is a technology that can help prevent or stop this. Unfortunately, identity verification is still seen by many as a disruption to the user, or customer, journey. While asking users to verify their identity can help ensure the security of your business, it needs to be a seamless part of the process for it to be able to work effectively. Despite the challenges, this security measure is known to be effective when it comes to prevention of fraud and other malicious activities. If you review it closely, you will find user identity verification brings a number of key benefits to businesses. The following are some of them. First of all, user ID verification helps business people know their customers well. Know Your Customer (KYC) is a principle that helps in protecting businesses from unnecessary risks like fraud and money laundering. In