With the recent media attention on hacking, transaction authentication programs such as the WikID Strong System are crucial in ensuring online security as well as an overall peace of mind. Although this addresses a specific action, it shows that companies are looking to make every digital activity as safe and sound as possible. The WikID's Strong transaction authentication system is capable of supporting multiple domains with no reduction in security.
The WikID transaction authentication service is able to offer that by being cryptographically distinct from session authentication and offering site, user and transaction authentication in one package. This allows the system to specifically thwart session-hijacking trojans while allowing users to use the same PIN and WiKID Token client, or different ones at their discretion.
Key Themes Behind This Trend
- Transaction Authentication Programs
- Opportunity for developing more advanced and secure transaction authentication programs in response to growing concerns about hacking and online security.
- Cryptographically Distinct Authentication
- Potential for creating authentication systems that are cryptographically distinct from session authentication, providing enhanced security against session-hijacking trojans.
- Multiple Domain Support
- Opportunity for developing transaction authentication systems capable of supporting multiple domains without compromising security.
Where This Applies
- Cybersecurity
- The cybersecurity industry can explore the development of more advanced transaction authentication programs to address the growing concerns about hacking and online security.
- Software Development
- Opportunity for software developers to create authentication systems that are cryptographically distinct from session authentication, offering enhanced security to users.
- Financial Services
- The financial services industry can adopt transaction authentication systems capable of supporting multiple domains to ensure the security of online transactions.
