In using the internet, confirming one’s identity is crucial to ensure that you protect any industry’s sensitive information. One of the methods of securing identity is Knowledge Based Authentication (KBA). KBA is based on a series of knowledge questions used to verify a person’s identity to prevent unauthorized access to a location or, more commonly today, an account. It would prevent identity theft and its negative consequences.
There are Two Types of Common Knowledge Based Authentication (KBA):
- Static KBA
When creating a password-protected profile or system, users are required to answer a set of security questions. They may be asked to provide these answers if they need to reset their password or prove their identity later.
The examples are the following:
- What’s your favorite food?
- What’s your first pet’s name?
- What’s the name of your university?
- Where is your hometown?
- Dynamic KBA
The process uses data mining systems to present users with questions that IT systems already know the answer to and have already gathered about a user.
The examples are the following:
- What is the name of the company that you have a loan from?
- What is your last purchase with a credit card?
Knowledge-Based Authentication can help enterprises protect their sensitive information. However, various schemes now target systems that use KBA. Implementing knowledge-based authentication alternatives can protect companies from these threats.
Onfido is one of the most successful technology companies that help the corporation verify identification by a photo-based document, artificial intelligence algorithm, or a selfie. But if you’re looking for the best Onfido alternative, authID is the perfect candidate for your business.
authID
authID is an identity verification solution that enables employers, businesses, institutions, and organizations to remotely verify a person’s identity by utilizing various types of government-issued credentials.
They provide identity and transaction authentication for high-value business interactions such as significant financial transactions, application and enrolment processes, new customer, employee, and student onboarding, sale of an age-restricted product, building access verification, and more.
Using the camera of any Apple or Android smartphone, it scans the user’s ID and extracts necessary data from the user’s physical or online records. It validates meaningful data stored in ePassport and electronic ID chips to provide an official identity check. Then the customer takes a real-time selfie, and the solution compares it to the facial image stored within Passport ID or electronic ID chips or printed on government-issued IDs to verify identity.
To secure your company’s authentication process, visit the official website of authID or contact them at +1 (516) 274-8700.