Neuro — Risk Based Authentication: The Leader in Authentication Tools

Call centers and digital businesses are easily attacked and are subject to breaches, continuous risk-based authentication orchestrates multiple authenticators and risk engines to authenticate with the highest level of accuracy and as little friction as possible.

Your password isn’t just passé, it is exceptionally vulnerable also! However, making your system more complicated isn’t the solution. Clients want simple, seamless security that is effective through every channel. And that is precisely what we have constructed.

Neuro is an extremely protected, risk-based authentication tool that is before its time, and it makes sure that a satisfying user experience and seamless security are effectively coupled. This smart system may adapt to consumer behaviors, simple context and history to create authentication barriers which truly do the job.

And maintaining our passion for simplicity, we’ve developed this configurable and readily pluggable product to fit the user’s current infrastructure for the ability to migrate threats right from the start.

What is risk-based authentication

Risk-based authentication — Accelerite

Authentication isn’t merely an issue of security for most enterprises, it is the missing link that prevents their expansion, adoption and delivery. Which enables the ability for a satisfying user experience to be coupled with strong security.

Persistent Neuro was originally developed to make sure that the users satisfaction is not compromised by security getting in the way. To the contrary, security has become an important part of a seamless experience that the user will not even notice.

Continuous Risk Based Authentication

Risk-based authentication applies stringency into the authentication process at various levels, depending on the probability the access of particular systems may lead to compromising them. Since the amount of risk increases, the authentication procedure becomes more restrictive and comprehensive.

You have most likely already been subjected to risk-based authentication (RBA), if you have ever attempted to access your own bank account from an unfamiliar location and had to answer more security questions than usual to gain access to your account.

The following factors should be considered when performing RBA for a website:

  • The number of people using the system should be considered because the bigger the system the greater the chance of a breach.

Categorizing RBA should be either transaction-dependent or user-dependent. RBA that is categorized as user-dependent operates with procedures employing identical authentication for each session that is initiated by the same user; the exact credentials that are demanded by the site is determined depending on user identification. RBA that is categorized as transaction-dependent may require a different authentication level of the same user in many situations, depending on the potential for risk and the sensitivity of the transaction.

Adaptive Risk Based Authentication

Adaptive RBA is a multifactor authentication that is deployed and configured so the IDP system selects the correct risk based multi factor authentication based on the behavior and risk profile of the user and the payment services directive. In addition, it adapts the authentication type into the situation.

RBA based authentication offers:

• Multi-factor authentication
• Fingerprint authentication
• Voice recognition
• One-time passcodes
• Facial recognition

Adaptive RBA can be configured in three different ways, depending the capabilities of the IDP.

• Setting the static polices that define the risk level for each factor, such as time of day, day of week, resource importance, user role and location.
• The system learns typical activities depending on the user’s repeated activities, like behavioral correlation.
• A combination of dynamic and static policies.

In addition to a sophisticated IDP system other risk based authentication benefits o are that it will provide use of OTP tokens such as Symantec VIP or RSA secure ID and similar, to prevent the possible annoyances of display tokens.

It should be able to support MFA through:
• SMS / text verification
• Email verification
• Mobile push notification to trusted mobile device
• Phone call to predefined numbers
• Derived Credentials
• Smart Cards
• OTP tokens

The universal authentication elevation is unlike the standard authentication, because it can avoid making a low risk activity more of a burden and it also helps avoid making a high-risk activity being too easy for hackers.

However the corporate risk level is defined, the adaptive authentication must be appropriate for that level of risk.

The following should be considered with risk based adaptive authentication:
• Device Profile
• Location Awareness
• User Behavior

PSD2 and the PSD2 Directive in Connection to PSD2 and Risk Based Authentication

With the blizzard of profound choices and regulatory changes that banks are facing today, the future of banking is changing rapidly. Regulation changes such as the second payment service directive, BCBS 239 and GDPR will all have a great effect on how banks will be delivering data to the consumer. In order to remain competitive and to still comply, the banks will need to take a more unified approach to these new regulations and their continuous evolution.

Implementing the second payment service directive was a seismic shift in banking. In addition to making the bank open its system through an API, it also regulates new payment institutions types.

Risk Based Authentication Use Cases and Risk Based Authentication Best Practices

As daunting as it may seem, authentication options can be manageable in nearly any enterprise.

Obviously, the security programs that rely on a passcode based single factor system are going to fail. Two factored options are offered by a technology provider and create a stronger business case for implementing security strategy.

One example of a use case for the two-factor authentication is in a situation when a task is being performed separately than those of the financial analyst or the security analyst. It is important because the authentication is what connects the user to the application without exposing the processes or data that the user isn’t authorized.

Assets can be protected by unauthorized access by:
• Internal or local access
• External or remote access
• Common network entry points

Risk Based Authentication Model and Risk Based Authentication Methods

Internet services roles are continuously increasing requiring the protection of an increasing amount of private data. Authentication is one method of ensuring data security. Reliable authentication methods are foundations for a remote service security however, it can be frustrating due to the possibility of losing access in the event of failing situations.

Remedying these situations requires contextual secure authentication. This protocol must provide a multi-level mechanism for authentication that will increase the user’s satisfaction without causing a decrease in their level of security. By selecting a risk assessment to support choosing multi-step authentication procedures, it is possible to keep a balance between the user satisfaction and the security level.

Risk Based Authentication and Encryption

Authorization, encryption and authentication are used every day in situations as simple as booking a vacation or business trip.

• Authorization is the process of showing a boarding pass to a flight attendant
• Authentication is the process of showing the ticket and users ID to an airport attendant
• Encryption will be used when the flight is booked.

In some situations, authorization, encryption and authentication are used by computers, such as when:

•Giving out personal information when registering to buy products.
• Preparing financial statements
• Receiving test results

Authentication should always be used when:
• Discovering who is viewing websites

Authorization is important when:
• Controlling viewer access

Authorization and Authentication are used together when:
• A student is required to authenticate before they can access their student link.

The cybercriminal targets and attacks the corporate endpoints, applications and business critical systems. Most enterprises put great deal of resources, time and effort discovering and resolving hidden issues deep inside the endpoints. Analyzing and identifying the scope and the location of the malware attacks can be a challenge.

Some preemptive steps to reducing these attacks on the endpoints before the attack causes significant damage to the system are business imperatives. It is important to find and fix any critical security, configuration or compliance issues in the endpoints quickly.

The cybercriminal views the corporation’s endpoints as vulnerable and considers it as a potential entry point. The endpoint security threat is ubiquitous, malware attacks are occurring at an increasing rate and security experts struggle to fight off the growing number of attacks, as they try to protect the endpoints. Real-time information can be used to quickly analyze and detect endpoint incidences, in addition to being able to minimize the time lags identifying threats and activating preventive measures in an appropriate manner.

It is vital to incorporate configuration information and security in real-time from the business endpoints for maximum benefits of risk based authentication. Therefore, the IT experts can identify the threat quickly and immediately address any potential issues with security in the endpoint network.

The first thing any corporation should do is authenticate their systems for continuous risk based authentication , to create the most satisfying customer experience possible. Friction for the consumer can mean a loss for the business. It is essential to keep the end users completely secure in a manner that causes no friction for the consumers.

Neuro will treat any odd behavior as a level of risk and will treat the authentication as a level of trust.

Accelerite - Silicon Valley Based Company

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Accelerite is a Silicon Valley based company delivering secure business-critical infrastructure software for Global 1000 enterprises. Accelerite’s product suite