This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
06/20/2024
MultiFactor Authentication Meets Passkeys To Address eCommerce Usability Concerns
PYMNTS
When it comes to payments and digital commerce, proper security is a necessity.
And with the news that Amazon Web Services (AWS) is pushing ahead with making multi-factor authentication (MFA) mandatory for certain users, striking a productive and seamless balance between user experience and security is top of mind for businesses operating in the modern, digital economy.
That’s because, in today’s commerce landscape, security alone isn’t enough — any protections need to be integrated frictionlessly into the user experience, too.
After all, traditional security protocols, while secure, often fall short in terms of usability, leading to poor adoption rates. For instance, complex password requirements can result in users creating easily memorable, and therefore weak, passwords. Usable security, like the embrace of MFA, helps to address this issue by ensuring that security measures are intuitive and easy to use, thereby increasing compliance and reducing vulnerabilities.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information