Three Ways To Unlock The Power Of Identity Verification

Michael Engle Berita

Three Ways To Unlock The Power Of Identity Verification
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Michael Engle is Cofounder at 1Kosmos and was previously head of InfoSec at Lehman Brothers and Cofounder of Bastille Networks. Read Michael Engle's full executive profile here.

, are evidence that identity verification is now a core requirement for cybersecurity. With millions of stolen passwords available on the dark web and deepfakes threatening even biometric identification, organizations need a layered approach of identity-proofing and authentication that matches risk. In addition, the entire process must be as friction-free as possible to avoid hobbling operations.

Achieving continuity in identity verification demands a shift toward more secure and user-friendly methods. Traditional approaches, such as relying on knowledge-based information like your mother's maiden name or postal code, are increasingly vulnerable to breaches. Instead, these can be replaced with digital identity wallets, push notifications for authentication or real-time identity verification.

Staying one step ahead of attackers requires moving beyond one-dimensional authentication-based approaches to security. Instead, implementing a multilayered and customizable approach to continuous identity verification can balance risk with user experience and help protect against account compromise attacks, fraud and identity breaches.

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