PUBLISHER: QKS Group | PRODUCT CODE: 1445902
PUBLISHER: QKS Group | PRODUCT CODE: 1445902
Quadrant Knowledge Solutions Reveals that Risk-Based Authentication Market is Projected to Register a CAGR of 18.30 % by 2027.
Risk-Based Authentication (RBA), also known as Adaptive Authentication, is a form of a powerful authentication process that utilizes a set of rules to determine the risk score of that transaction by considering comprehensive factors such as IP address, browser, physical location, user role, behavior, devices type, day/time, consecutive login failure and such others to granting access. RBA solutions offer robust authentication mechanisms to help determine the risk level and possibility of fraud. The RBA solution calculates an aggregate risk score for each user login and enforces flexible authentication based on those risk scores. Based on the assigned risk score, the solution determines the level of authentication needed. RBA solutions offer adaptive multi-factor authentication (MFA), which enforces stringent authentication steps for high-risk score users and less stringent authentication for low-risk users to offer a seamless experience for trusted users. Thus, RBA solutions offer a perfect authentication mechanism for organizations that aim to achieve the right balance between high security and enhanced user experience.