Entrust Biometrics for Secure User Verification in High-Risk Transactions

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Entrust has launched an innovative method to enhance security during critical financial interactions by integrating biometric verification.

Mike Baxter’s Statement

Mike Baxter, Chief Technology Product Officer at Entrust, highlighted the evolving nature of cyber threats, stating that traditional authentication methods are insufficient against modern attack vectors. He emphasized that AI-powered fraud techniques have led to a significant rise in financial losses, with global enterprises experiencing an average of 7.7% revenue depletion due to fraud. Account takeover incidents account for nearly 33% of these losses, while AI-generated deepfakes now feature in 20% of biometric fraud attempts.

The Entrust Solution

The Entrust Biometric Authentication solution focuses on providing identity-centric verification for high-stakes scenarios, aiming to minimize fraudulent activities while maintaining user convenience. The solution addresses these challenges by combining biometric identity checks with dynamic risk-based authentication. This approach ensures robust verification during key user interactions such as account registration, recovery, device changes, and large transactions. The system employs a unified framework to deliver consistent identity assurance across the entire user lifecycle. It enables organizations to implement tailored security measures based on risk levels, reducing unnecessary account freezes caused by failed passwords or one-time passcodes. The solution also strengthens defenses against presentation, injection, and deepfake attacks while decreasing reliance on manual reviews and support interventions.

The Three Authentication Methods

Biometric Passkey

Biometric Passkey binds authentication to a confirmed human identity during high-risk events, ensuring secure verification.

Face Authentication

Face Authentication streamlines routine checks and step-up validations by replacing one-time passcodes with biometric scans.

Motion Authentication

Motion Authentication provides advanced protection against deepfake, replay, and injection attacks through ISO 30107-3 PAD Level 1 2 compliant liveness detection, validated by independent testing organizations.