It has become very important to make sure that a more secure interface could be achieved as far as the webs services are concerned and also to reduce the dependence on passwords. This is what the FEDO Alliance is working towards. They are focusing on three major aspects; which are binding, user verification and user authentication. Besides, it has also put in a considerable amount of effort in improving IoT, or Internet of Things.
As far as FIDO Authentication is concerned, it has proven to be very effective and efficient, when it comes to offering protection against different types of account takeovers through hacks and other kinds of cyber attacks. FIDO has ensured that whenever a device gets lost or stolen, it can be traced and authenticated to its original user. It is one of the key features of FIDO and, this is what made it so popular as far as the security aspect is concerned. When it comes to FIDO identity verification, it is considered to be as one of the most effective, efficient, robust and full proof mechanisms to be available. FIDO is constantly upgrading its platform, in order to make it more safe, secure and user friendly.
What does FIDO aim at?
There are certain complexities related to authentication and user verification, which causes a certain degree of concern for the end users. FIDO has targeted towards resolving these issues. Here are some of the major areas which has been targeted by FIDO.
- It has been found out that when it comes to breaching of databases, passwords contribute more than 80% of the cause.
- With FIDO, a user can have as many as 90 online accounts, and manage them in a secured and effective manner.
- According to a recent survey; more than 50% 0f the passwords are reused. This is one aspect FIDO is working on.
- It has been found out that almost one-third of total online purchases get abandoned as a result of forgotten passwords. This is one area FIDO is working on to get fixed and offer a more easy and user friendly platform to the users.
What makes FIDO Special?
There are a couple of important aspects as far as FIDO is concerned, which makes their services so special. Here are some of them.
- It helps to reduce the risk of data damage and risks to a great extent.
- The friction rate is very low as far as FIDO is concerned.
- It offers optimum level of security and interpretability across the supply chain of a business.
- It has also proven to be a very cost effective solution.
With all these factors put together, FIDO is fast evolving as one of the most reliable and effective solution as far as security and authentication is concerned. FIDO is making rapid improvement in its design and platform, in order to make it more user friendly and flexible. FIDO is believed to be the one-stop solution in the future, as far as online authentication and security is concerned.
