OnDemand | Authentication Advances In Banking
When acclaimed bank robber Willie Sutton was captured, a reporter inquired as to why he robbed banks. His simple answer was "because that's where the money is”. With advances in technology, it is plausible to “virtually” rob banks without involving weapons, but rather by a simple computer keystroke.
This session will present options and guidance for banking institutions on how to increase the security of logins and banking transactions that are more efficient and effective than traditional multi-factor authentication (MFA). We’ll discuss specific guidance on best practices and methodologies that disrupt the untenable legacy compromise of having to choose between high security or seamless customer experience.
Finally, we’ll address how these new approaches can help banking organizations comply with current compliance regulations and also adhere to guidance recently issued by CISA and MITRE.