Multi-Factor Authentication
Paraview Multi-Faction Authentication(MFA) product enhances security, helps your organization meet regulatory compliance, and reduces the risk of fraud.
Key Functions
Risk-Based Authentication
MFA can incorporate risk-based authentication, which assesses the risk level of a login attempt based on factors like location, device, and user behavior. If the risk is deemed high, additional authentication steps may be required.
It enhances security by dynamically adjusting the level of authentication required based on the perceived risk, ensuring a balance between security and user convenience.
Adaptive Authentication
Adaptive authentication tailors the authentication process based on real-time analysis of various factors, such as user location, device, and typical usage patterns. Depending on the context, it may require more or fewer authentication factors.
It enhances the user experience by making the authentication process more flexible and less intrusive, while still maintaining high security levels when needed.
Risk-Based Authentication
MFA can incorporate risk-based authentication, which assesses the risk level of a login attempt based on factors like location, device, and user behavior. If the risk is deemed high, additional authentication steps may be required.
It enhances security by dynamically adjusting the level of authentication required based on the perceived risk, ensuring a balance between security and user convenience.
Adaptive Authentication
Adaptive authentication tailors the authentication process based on real-time analysis of various factors, such as user location, device, and typical usage patterns. Depending on the context, it may require more or fewer authentication factors.
It enhances the user experience by making the authentication process more flexible and less intrusive, while still maintaining high security levels when needed.
Risk-Based Authentication
MFA can incorporate risk-based authentication, which assesses the risk level of a login attempt based on factors like location, device, and user behavior. If the risk is deemed high, additional authentication steps may be required.
It enhances security by dynamically adjusting the level of authentication required based on the perceived risk, ensuring a balance between security and user convenience.
Adaptive Authentication
Adaptive authentication tailors the authentication process based on real-time analysis of various factors, such as user location, device, and typical usage patterns. Depending on the context, it may require more or fewer authentication factors.
It enhances the user experience by making the authentication process more flexible and less intrusive, while still maintaining high security levels when needed.
Product Technology Features
MFA includes biometric authentication, such as fingerprint scanning, facial recognition, or voice recognition. This method uses unique physical characteristics of the user as an authentication factor.Biometrics provide a highly secure and convenient form of authentication, as they are difficult to replicate or steal, reducing the risk of unauthorized access.
MFA uses One-Time Passcodes (OTP), which are temporary, time-sensitive codes sent to the user via SMS, email, or a dedicated authenticator app. The user must enter this code in addition to their password to gain access.OTPs provide an additional layer of security by requiring a second, temporary credential that is only valid for a short period, reducing the likelihood of interception and misuse.
FIDO enables passwordless login, which eliminates the risks associated with weak or reused passwords.FIDO-based authentication leverages public key cryptography to enable passwordless, phishing-resistant, and highly secure authentication. In a typical FIDO implementation, users authenticate using a hardware token, biometric device, or a mobile phone that supports FIDO standards, such as FIDO2 or U2F.
Use Cases
Use Cases
Securing Remote Workforce Access
As more employees work remotely, organizations need to ensure that their access to corporate systems and data is secure. MFA is implemented to provide an additional layer of security beyond passwords.
- Employees use MFA when logging into the company’s VPN, cloud services, or other remote access systems. After entering their username and password, they must verify their identity through a second factor, such as a push notification on their mobile device or a biometric scan.
- Reduces the risk of unauthorized access from compromised passwords, especially when employees are accessing sensitive data from unsecured or personal devices.
Protecting Customer Accounts in Online Services
Online services, such as banking, e-commerce, and social media platforms, implement MFA to protect user accounts from unauthorized access.
- Customers are prompted to set up MFA when registering or logging into their accounts. They will receive a one-time passcode via SMS or email, or use an authenticator app to generate a code. For high-risk transactions, additional authentication is required.
- Provides an additional security layer that helps to prevent account takeovers and fraud, protecting both the service provider and the customer.
Compliance with Regulatory Requirements
Organizations in regulated industries, such as finance, healthcare, and government, implement MFA to comply with regulatory requirements that mandate strong authentication for access to sensitive data and systems.
- MFA is required for accessing systems that store or process sensitive information, such as electronic health records (EHRs), financial systems, or government databases. This often involves using hardware tokens, biometric authentication, or other secure methods.
- Ensures compliance with regulations such as GDPR, HIPAA, and PCI-DSS, and reduces the risk of penalties and data breaches while protecting sensitive information.
Business Benefits
Enhanced Security
MFA significantly reduces the risk of unauthorized access by requiring multiple forms of verification (e.g., something you know, something you have, something you are). This protects sensitive company data, intellectual property, and customer information from breaches, reducing the potential for costly security incidents and enhancing overall cybersecurity posture.
Regulatory Compliance
Many industries are subject to regulations that require strong authentication measures to protect sensitive data (e.g., GDPR, HIPAA, PCI-DSS). MFA helps companies to ensure compliance with legal and regulatory standards, avoiding fines and penalties, and maintaining the trust of customers and partners.
Reduced Risk of Fraud
By requiring additional authentication factors, MFA prevents fraudulent activities such as unauthorized transactions or identity theft. This protects the organization from financial losses due to fraud and enhances customer confidence in the security of their accounts and transactions.
Related Case Studies
Ready to Embrace a Safe and Efficient Digital World?
Contact us and Let’s discuss how Paraview can secure your identity and API assets.