Scienza e Tecnologia
Quadrant Knowledge Solutions Announces 2022 Technology Leader in SPARK Matrix analysis of Global Risk-Based Authentication (RBA) Market
RBA solutions offer a robust authentication mechanism to help determine the risk level and possibility of fraud. It adds an additional layer of security before providing access by assessing the level of risk. The risk assessment is based on various contextual factors like IP address, user behavior and role, device and network details, physical location, geo-velocity (physical distance between consecutive login attempts), day of the week, time of day, consecutive login failures, and so on. For login attempts with a high-risk score, the user is prompted for more authentication steps to confirm and validate their identity. But if the risk score is low and the user is behaving in an expected way, then the system will include fewer authentication steps. RBA solutions commonly use multi-factor authentication (MFA) to verify the identity of an individual and deter hackers. Instead of simply requesting a username and password, MFA requires an additional verification factor, which diminishes the probability of a cyberattack. While enforcing stringent authentication for malicious and high-risk users, RBA ensures simplified access for trusted users. By balancing security and user experience, RBA is gaining popularity amongst organizations across a range of verticals.
According to the research 'SPARK Matrix: Risk-Based Authentication (RBA), 2022', a majority of the leading RBA vendors offer key features and functionalities such as a risk scoring engine, rule management, an authentication mechanism (MFA), self-service management, alert and case management, visualization and reporting, and others. However, the sophistication of technology capabilities, breadth of RBA solutions and maturity of AI, machine learning, and advanced analytics may differ by vendor offerings.
The Kount RBA solution portfolio from Equifax, titled the Identity Trust Platform, includes Kount Command, Kount Control, the Dispute and Chargeback Management solution, Data on Demand, and Kount 360 for complete customer journey protection. The platform is built on Kount's Identity Trust Global Network™, which leverages supervised and unsupervised machine learning and advanced AI to get Omniscore™, an actionable safety rating for every transaction. Kount's key features and functionalities for risk-based authentication include identity insights, Email Insights, advanced AI and Omniscore, account takeover protection, and dispute management.
said Adam Gunther , Chief Product Officer at Kount.
According to Pradnya Gugale , Analyst at Quadrant Knowledge Solutions,
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Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client's business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. For more available research, please visit https://quadrant-solutions.com/market-research/
Riya Mehar
Quadrant Knowledge Solutions
rmehar@quadrant-solutions.com
Shekhar Jitkar
shekharj@quadrant-solutions.com
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