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Top Identity Verification Methods For Businesses 2024

Did you know that 43% of businesses experienced a cyberattack in 2023? Protecting your company's sensitive information is no longer an option, it's a necessity. That's why, to help you build a secure business, this article explores some of the most popular and effective methods available in 2024. Plus, to help you make an informed choice, we will compare the most popular weaknesses and strengths of each method.

What is Biometric Verification

Biometric authentication is a security process that verifies and matches a user's biometric characteristics to ensure that they are authorized to access a particular device. If the biometric characteristics of the person trying to access the device do not match those of the authorized user, access to the user devices is denied.

In other words, biometric authentication uses a person's unique physical characteristics, such as their fingerprint, facial features, or voice, to verify their identity. This type of authentication is often used to protect high-security devices and data, such as smartphones, laptops, and bank accounts.

Biometric Verification Weakness

Sensor limitations. Individuals may not always accurately capture biometric data due to environmental factors, user variations (wet fingers, glasses), or sensor quality. "However, facial recognition technologies are also developing, and glasses, masks, and makeup do not prevent the technology from recognizing a face.

Spoofing risks. With the development of deepfakes and AI, there is a chance that scammers can deceive facial recognition systems, however the technology is also developing.

Biometric Verification Strengths

Uniqueness. Facial features are unique to each person, so it is practically impossible to steal this data.

Frictionless user experience. Biometric verification is faster, more reliable, and less stressful than online verification, which we will discuss below.

Potential for multi-factor authentication. Biometric verification can be combined with other authentication factors to build more scure approach.

Learn more here Top Identity Verification Methods For Businesses 2024

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