2-Factor Authentication Password
Traditional passwords provide "knowledge-based authentication", which means that a prospective intruder would only need the password to gain access. Behavioral Biometrics can allow an Enterprise to drastically increase the security of a login process without changing the user interface / expereince. KSD could provide the Enterprise security with additional biometric confidence scores on every authentication attempt, effectively turning a traditional password login into a 2-Factor Authentication.
Forgot your password? No problem. With KSD, an Enterprise would need to remind users of their forgotten passwords and engage in costly and user-unfriendly password re-set procedures only if the user couldn't pass a KSD test. This would save resources and drastically improve the user experience without compromising the security of authentication.
Keystroke Dynamics can address the most annoying part of the password authentication experience – the need to remember a password. With KSD based authentication, passwords can be prompted to users, so their individual "typing signatures" could provide the Enterprise with additional confidence in the identity of their customer.
Currently no security mechanisms are available within the conversational interface (chat environment) that is taking the IT world by storm. KSD could provide this capability within a chat environment, by simply asking a user to type in a password. KSD could provide an Enterprise with a confidence score that would support an authentication decision during a chat session, enabling sensitive and secure transactions right within chat!
Current anti-fraud procedures require banks and other financial institutions to follow-up on suspicious transactions with a phone call. The vast majority of these activities are actually "honest" transactions that just happened to be outside of the consumer's typical pattern (e.g. they were traveling or used a new service). Behavioral Biometrics can reduce the number of suspicious transactions by providing additional confirmation of users' identity during a transaction request. The reduced need for such costly outbound calls provides the Enterprise with an immediate ROI.