BioCatch launches a behavioral biometrics-based digital identity solution
BioCatch, the global leader in AI-driven behavioral biometrics, announced at the annual ForgeRock Identity Summit Americas that its behavioral biometrics-based digital identity solution is now available on the ForgeRock Marketplace.
Combining BioCatch’s industry-leading solution with ForgeRock’s Intelligent Authentication technology makes it easy for ForgeRock clients to implement passive authentication and prevent account takeover attacks for a better customer identity and access management experience.
Unlike one-time passwords and other static means of authentication that are easily circumvented or spoofed by today’s sophisticated fraudsters, BioCatch monitors the entire digital identity lifecycle, from account creation to login and beyond, providing continuous authentication throughout an online session.
In the process, BioCatch analyzes more than 2,000 parameters, and, if it detects activity that matches the behavioral profile of a fraudster, sends an alert to the ForgeRock Identity Platform. This reduces unnecessary escalations and maintains a seamless user experience. Other benefits include greater consistency and visibility across multiple digital channels, as the solution supports both web and mobile applications.
“Behavioral biometrics is entering the mainstream, as it is the only way to answer consumer demands for continuous security, privacy and convenience. As attention turns to implementation and scale, the BioCatch-ForgeRock integration demonstrates how it is not only possible, but easy, for organizations to deploy this technology,” said Avi Turgeman, Co-Founder and CTO of BioCatch.
“Just as we aim to enable secure and seamless online experiences for end users, we are also committed to working with partners that make it easy for CISOs to implement our market-leading technology into their environments.”
While 100% of the fraud that BioCatch sees today occurs after the login, reflecting the threat of account takeover attacks, a recent Aite Group Impact Report highlights the growing trend towards seamless authentication as well as consumers’ desire to avoid unnecessary friction when transacting online.
Behavioral biometrics is highlighted as one of the leading technologies that can address the paradox and provide a solution that addresses the need for security as well as user convenience. BioCatch has emerged as the industry leader in this space, with an unparalleled patent portfolio and an approach that works across the digital lifecycle.
“As behavioral biometrics becomes a must-have in the authentication suite, it requires integration into an orchestration and provisioning layer so that alerts are properly managed and streamlined into the organization’s overall workflow. Our partnership with BioCatch eliminates the complexity involved when implementing behavioral biometrics,” said Ben Goodman, Senior Vice President of Global Strategy and Innovation at ForgeRock.
“With tier-one customers around the globe and a proven ROI, BioCatch has set the standard for behavioral biometrics as a key component of next generation digital identity frameworks, and ForgeRock is one of the primary platforms enabling the enterprise to easily adopt it.”