PUBLISHER: QKS Group | PRODUCT CODE: 1445882
PUBLISHER: QKS Group | PRODUCT CODE: 1445882
Quadrant Knowledge Solutions Reveals that Behavioral Biometrics Market is Projected to Register a CAGR of 11.9% by 2027.
The digital transformation journey continued by organizations globally is driven by the objective of reducing cost, increasing efficiency and availability, and improving customer experience. The increase in services provided over the Internet such as banking, shopping, transactions, socializing, and more is giving rise to fraudulent activities. To take advantage of this, cybercriminals are using increasingly sophisticated techniques to carry out cyberattacks through ransomware, identity theft, phishing, account takeover, botnet attacks and more. To combat the issue of rising sophisticated cyberattacks, organizations are increasingly adopting various user authentication methods such as password-based authentication, multi-factor authentication, token-based, certificate-based and biometrics authentication to prevent data breaches and improve the security of the systems. A behavioural biometrics solution passively and continuously monitors, analyses, and authenticates users based on their behavioural, cognitive, and response attributes such as keystroke dynamics, device handling, touchscreen interaction, mouse movements, navigation pattern, form context and fluency, and data familiarity across the entire customer lifecycle.