Banks and financials need secure authentication that enables business, rather than impeding it.
Breach rates are at historic highs, yet somehow security is less friendly than it’s ever been.
Employees spend hours a week in authentication flows, help desks are overwhelmed, real work is suffering, and still risk levels increase.
Let’s be real, traditional MFA is a flop. It results in:
- High up-front costs and support overhead
- Critical frustration and turnover amongst elite talent
- Delayed workflows in a velocity-centric industry
- A troubling lack of security assurance despite it all
Why? How did we get here? And what can be done about it?