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Unlocking Strong Cybersecurity: the Power Of Risk-Based Authentication

By Tom Seest

Is Risk-Based Authentication the Key to Strong Cybersecurity?

At BestCybersecurityNews, we help entrepreneurs, solopreneurs, young learners, and seniors learn more about cybersecurity.

Risk-based step-up authentication can help safeguard data breaches by adding another layer of protection against identity thieves who attempt to gain access to sensitive information or funds. It prevents identity thieves from exploiting security vulnerabilities to gain entry.
But to implement step-up authentication correctly and without annoying or frustrating your users, biometrics come in handy!

Is Risk-Based Authentication the Key to Strong Cybersecurity?

Is Risk-Based Authentication the Key to Strong Cybersecurity?

Can Adaptive Authentication Boost Your Cybersecurity?

Adaptive authentication is a solution that enables organizations to tailor authentication strategies based on flexible criteria that best fits any given scenario. As opposed to standard Multi-Factor Authentication (MFA), which is static, adaptive authentication begins long before any user logs in and continues even after access has been gained by an account holder.
Traditional MFA solutions aim to protect users by requiring multiple forms of verification every time they login and attempt to gain access to corporate resources, including codes generated from apps, answers to security questions or fingerprint scans. Though these methods of authentication provide some level of protection from cyberattacks, they still leave users open to cybercrime.
Risk-based step-up authentication provides a more robust authentication method supported by Rublon that helps reduce false-positive rate while simultaneously offering more users a superior user experience and completing more transactions.
Risk Score is used to detect login attempts that are more risky, based on factors like the user’s location and device sensor signals as well as their behavior over time. It is constantly recalculated in order to detect anomalous activity like downloading massive amounts of data (beyond their average).
As this behavior increases the user’s risk score, they will more likely be required to go through MFA login. This ensures they only have to confirm their identity when necessary.
Adaptive authentication will decrease unnecessary logins for those who don’t require access to sensitive information, as well as provide an improved and faster user experience regardless of device or network.
Adaptive authentication works in tandem with risk-based authentication to provide even stronger defense against cyber threats and fraudsters. It enables organizations to accurately classify old, new, and emerging threats to their networks and endpoints to produce faster cyber responses while decreasing false-positive rates.
Enterprises that understand this value the benefits, as it will protect them from becoming victims of security breaches and save them costs associated with fines or regulatory penalties; moreover, it allows them to stay ahead of competitors by staying secure.

Can Adaptive Authentication Boost Your Cybersecurity?

Can Adaptive Authentication Boost Your Cybersecurity?

Can Remote Work Compromise Risk-Based Authentication?

Remote work refers to business models which allow employees to work from their homes or other offsite locations outside their company’s office, saving rent costs while giving employees more focus time on their jobs.
Remote work provides many advantages, yet poses certain obstacles which must be managed. These challenges include data security, employee collaboration, and monitoring.
Cybersecurity issues associated with remote work can be reduced through using appropriate tools and technology. Such solutions allow companies to better manage employees, data, and software subscriptions.
When shopping for remote work tools, look for ones that are easy to use and integrate well with other applications. This will reduce manual data entry required in order to access information.
Remote work also affords team members an easier and more effective means of communicating, which can keep everyone engaged while increasing productivity.
Remote work presents certain risks, including increased susceptibility to phishing attacks and malware infections – often through emails sent between remote employees.
Therefore, remote employees must exercise great caution in how they use email. Such communication can serve as a vector for phishing attacks that seek to trick employees into sharing sensitive data by appearing legitimate.
Remote workers should only use their company laptop or computer when conducting work and avoid public Wi-Fi hotspots in order to reduce vulnerability and virus risks to personal devices.
Employees working remotely should take great caution in whom they meet in public places while working remotely, for instance a coffee shop meeting. Be wary of who and what is going on when meeting with someone new!
Implementing an efficient remote work solution can make your business more productive and happy, as well as protecting its data against cybercriminals.

Can Remote Work Compromise Risk-Based Authentication?

Can Remote Work Compromise Risk-Based Authentication?

Can Public Wi-Fi Compromise Your Risk-Based Step-Up Authentication?

Public Wi-Fi provides an easy and accessible way of accessing the internet on-the-go. Available almost everywhere – from coffee shops and restaurants, airports, railway stations and even movies – public Wi-Fi provides quick internet connectivity on demand.
However, public WiFi poses several cyber security and privacy risks – from man-in-the-middle attacks and rogue Wi-Fi networks to malware.
Man-in-the-middle attacks occur when hackers intercept and tamper with data being exchanged between two or more devices connected to the same network. This allows them access to your personal information such as credit card details, bank details, Facebook passwords or any other sensitive data stored on your device.
This type of attack is particularly prevalent on public wifi networks that don’t use strong encryption and don’t employ mutual authentication protocols, making it easier for hackers to gain unauthorized access and cause disruptions.
Rogue Wi-Fi networks are maliciously created or compromised networks designed to collect sensitive user data without their knowledge or consent. Criminals commonly create them to mimic legitimate providers or install tracking bugs to allow attackers to continue scanning even without physically being present on the network.
Use of a VPN (Virtual Private Network) is one way to protect yourself against all these online threats. A VPN creates a virtual tunnel between your device and its server, masking your IP address and making it harder for cybercriminals to locate you online.
Reliable VPN services can also protect users against criminal snooping on public Wi-Fi connections, but using one will cost money. Furthermore, there have been scandals related to VPN use, such as Hola’s discovery that it was selling user bandwidth at cost as well as Terracotta selling stolen infrastructure access from China.
At all costs, it is always wise to use caution when connecting to public wi-fi networks unless there is an extremely compelling reason. Even then, implement risk-based step-up authentication to safeguard both data and devices that may connect.

Can Public Wi-Fi Compromise Your Risk-Based Step-Up Authentication?

Can Public Wi-Fi Compromise Your Risk-Based Step-Up Authentication?

Are Personal Devices a Vulnerability in Risk-Based Authentication?

Personal devices are portable pieces of hardware that provide access to home and business data on the move, such as smartphones, tablets, PDAs (personal digital assistants), e-readers, smartwatches and other mobile devices that enable users to perform tasks such as make calls, watch videos or play games on the go. Examples of personal devices include smartphones, tablets, PDAs (personal digital assistants), e-readers and smartwatches – in short anything that enables accessing one’s personal and/or business data on demand – as well as devices which enable access to home/business data on demand – these could include smartphones/tablet/PDAs/e/receive/stored information on-the-go devices can include smartphones/tablet/other mobiles that allow access to home/business data like making calls/watch videos/play games from anywhere!
Devices designed as tablet PCs are compact and convenient, often featuring a display screen, small keyboard, and touch input capabilities. Some models even contain sensors like accelerometers, magnetometers and gyroscopes for added safety.
Modern devices have become an indispensable part of daily life, yet can pose various cyber security threats.
One major risk to personal data security is information theft. Hackers may gain access to personal details of device users such as passwords and bank account numbers that hackers then use for fraudulent activities or even identity theft, leading to financial losses or even other serious repercussions.
Threats relating to service disruption include denial-of-service attacks, phishing attacks or any other means used for illegal accessing of devices and their contents.
Some threats can be avoided with multi-factor authentication or risk-based step-up authentication solutions, which analyze risk signals such as user behavior, device reputation and device history to establish how much trust devices and owners should have when verifying themselves online.
At its core, this means an authenticated user must go through additional verification steps before moving forward with their journey. These may take the form of SMS one-time passwords or security token devices but these methods often add friction to user journeys.
Biometric authentication offers a more scalable solution for step-up authentication. For instance, iProov’s Genuine Presence Assurance integrates face recognition technology with advanced levels of security for seamless face verification.
Knab, the Dutch challenger bank, utilizes iProov’s step-up authentication solution to ensure customers can conduct high-risk transactions safely without fear of hacking or account compromise. Furthermore, this method ensures a pleasant user experience by eliminating OTPs or security token devices which might otherwise hinder this process.

Are Personal Devices a Vulnerability in Risk-Based Authentication?

Are Personal Devices a Vulnerability in Risk-Based Authentication?

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