Fraud & Risk
Transforming Single-Factor Authentication into a Robust, Multi-Factor Solution
With the dramatic increase in data breaches in recent years, the volume of compromised credentials available for sale on the dark web has exploded. As a result, using passwords as the sole authentication mechanism is insufficient to truly protect consumer accounts. In this Solution Brief from iovation, the company provides a brief overview of the security differences between single-factor and multi-factor authentication systems, followed by insights on the company's Customer Authentication solution. API details and a sample workflow are also included in the brief.