The multi-factor authentication market pretends to grow by 2025, as the demand for more secure digital payment increase. The treats are rising, phishing attack and massive data breaches are caused by a weak security system. With the rise in the demand for MFA, the vendors are motivated to add new factor methods to make their product easier to integrate with custom corporate.
Given below are the most significant trends, which are driving the rise of multi-factor authentication
Smart-phone authentication apps continue to grow in popularity.
The use of smart-phones as an authentication method via soft tokens has become prevalent in the last three years. Smartphone Apps, SMS and telephony services were available in the smart-phones. Smart-phone apps are considered to be the best way as it is a more quick and secure way to deploy MFA.
There are various apps available which can be used across tablets, laptops and phones. Some of them can support only laptops and other supports phones.
Better authentication integration
Over time, more Apps are incorporating security and authentication methods directly into their code. The progress in the MFA method is the outcome of efforts by MFA vendors that have very complicated APIs to construct the MFA routines as part of the app itself.
The development in the process is the best path for corporate end-user adoption of MFA. The IT department in an organization can push out MFA support to their employees and protect logins on all the application across the firm.
The MFA vendors have developed their published integration guides on their websites, and the security managers can use it to build in authentication for their corporate apps. The user does not need to call their IT support line while changing a password or to reporting a lost phone if the vendors improve the MFA integration.
Biometrics continues to evolve
Another trend is the use of fingerprint and facial readers. The services are mostly available on Smartphone to access to different applications. Different firms have started using the authentication process to secure their client and users data. Block-chain based approach is one of the best things, which distributes biometric data and makes this method more secure and less vulnerable to data breaches.
The users can use fingerprint and facial reader besides a strong password to protect their apps and data from being accessed. This authentication process is still not available to laptops, whereas it is trending on Smartphone.