Evolving security threats and concerns are driving businesses and organizations to adopt the latest technologies to manage risks and maintain the fool-proof security required to protect them in the modern technological era. Even though security has been a long critical aspect of operations, enablers that have a massive impact on capabilities and efficiency are emerging. As distributed and interconnected systems increase in numbers, seamless, continuous, and accurate access to all resources with advanced automation and authentication systems such as Biometrics and Artificial Intelligence will become key factors for best-in-class Identity and Access Management Workflow and Security Management in the coming years. These emerging trends which involve a more centralized and secure approach will help to curb problematic access issues, simplify the lives of people, improve security, maintain, and provide regulatory compliance among other benefits.
Biometrics and Artificial Intelligence-based Identity Management
Because traditional access management is no longer enough when it comes to the level of security necessary to protect modern enterprises, the adaptation of a trusted identity verification concept using Biometrics and Artificial intelligence-based identity management has become more important. This current verification process provides businesses and organizations with more accurate and efficient tools to address challenges associated with identity management and access control.
Biometrics– Biometric authentication which uses a person’s characteristics to identify and authenticate the person is advancing rapidly. Biometrics are being incorporated into more consumer devices; Government agencies are finding new applications for biometric identifiers. Enterprises are looking to biometrics to improve data security, and the technology is beginning to play a role in the automotive industry. This technology which comes in two forms- physiological and behavioral, is unique to an individual, making it more reliable than passwords and other traditional methods of access control. Facial recognition, fingerprint, and iris/retina recognition are some of the more common forms of physiological biometric identification. Behavioral biometrics measures your patterns in the way you make certain gestures with your hands. Biometrics is revolutionizing the way individuals and businesses verify identities and it promises to simplify customer and employee onboarding, create a robust and enjoyable digital experience for customers, deter identity theft, eliminate impersonation, and deter fraud and theft.
Artificial Intelligence-based Identity Management – Artificial Intelligence with its huge potential is revolutionizing identity management and access control as it provides more accurate, efficient, and secure methods of authentication and access control. AI in Identity management can be used to not only improve the accuracy of identity verification but to also detect fraud, and automate compliance processes. With the increasing amount of personal data being shared online, AI-based identity management is becoming a crucial aspect of security in the digital age. The AI-based identity management system can analyze large amounts of data, such as behavior and identity attributes, to identify patterns that indicate potential fraud and threat.
AI-based identity management can also be used to create digital identities that can be used across multiple platforms and services. This can make it easier for individuals to manage their personal information and control who has access to it. Additionally, AI can be used to encrypt and decrypt data, making it more difficult for hackers to access sensitive information. AI-based identity management systems can also be used to create adaptive security, which can adjust security protocols based on the specific needs of an individual or organization. This would make it more difficult for hackers to bypass security measures and can help to ensure that sensitive information is protected at all times.
As technology continues to evolve, the ability to recognize trends and take advantage of new technologies will help businesses embrace solutions that help them gain customer loyalty and develop a stronger foothold in their market shares. Adapting to these latest technologies means being able to use the tools available to establish proactive responses and protect systems from a growing number of threats. Businesses ready to evolve with these changes will be better able to manage risks and maintain the strong security required to protect networks in the modern technological era.
Botosoft Technologies provides businesses and organizations with a unified end-to-end solution for access control and workforce management. Our risk-based approach to Identity and access management uses advanced identity analytics powered by Artificial Intelligence to support raid growth and reduce fraud. Our solutions are developed with strong security features in each step to maintain trust all along the way while maintaining the lifecycle of issuance for each identity
To learn more about how you can achieve an unparalleled level of security for your organization, get in touch with us today by clicking here.