As more and more people open social media accounts, personal identity has gone digital; which means it has become more mobile. But with this ongoing trend comes the sinister underworld full of digital fraudulent schemes, cyberhacks, account take-over attacks and identity thefts, which can leave not just the users but also the government, regulators and businesses, vulnerable if these concerns are not addressed properly.
While traditional identity verification services including knowledge-based authentication and two-step authentication procedures, have proven their mettle, the ever-changing digital landscape demands a much more robust, advance and secured identity authentication method that can safeguard the citizens against their fraudulent acts and make transactions much more efficient and secured.
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