Part 1:The business drivers and technology basics of two-factor or multi-factor authentication
- — 07 May, 2012 13:50
Pros and Cons for current Multi-Factor Authentication model.
The present market for MFA is mature but highly concentrated with market leader RSA having an estimated 70% market share of business users.
- Current MFA Solutions successfully protect users and securely control their access to sensitive data.
- In spite of a recent breach affecting users of RSA’s secure ID token, security levels offered by vendors are very high.
- The technology has achieved widespread adoption in key market sectors.
- Systems provided by leading vendors are proprietary.
- Systems provided by leading vendors are very costly.
- Lead times to implement can be lengthy.
- Organisations are completely dependent upon of proprietary systems vendors to safeguard all steps in the supply chain.
- Vendors owe no allegiance to the security interests of Australia and the possibility of state sanctioned inappropriate use of information provided (however remote this is currently) may compromise system integrity sometime in the future.
- Customers depend on vendors protecting the “secret formula” or the “seed record”.
- Limited customisation options are available.
About the Author:
Mike Ryan is a freelance copywriter and marketing contractor with a passion for Information Security. He has presented at an Australian Information Security Association (AISA) branch meeting prosecuting the case for improved security and that punitive legislation be enforced to protect Australian citizens from data disclosure and privacy breaches.
Mike Ryan – Brass Razoo Group