Tag: identity

A Guide to Authentication Methods (Infographic)

Stolen passwords and weak passwords are responsible for over 80% of security breaches in 2018, and in 2019 over 150,000 security incidents and nearly 4,000 confirmed data breaches were caused due to weak or stolen passwords. Passwords are some of the weakest forms of authentication, and when user authentication is not secure, cybercriminals have easy access to take whatever information they want.    Creating the perfect authentication method does not …
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The History and Future of Passwords

Having a strong password to your personal data such as bank information, company logins, and other sensitive data is very important. Because of this, the average business user has 191 passwords, but 81% of confirmed data breaches stemmed from reused, weak, or stolen passwords. But looking back on from where we have come from the first password and the first password theft to today can give us a heads-up on …
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Compliant KYC Verification Doesn’t Require Users to Submit Identity Documents

Many cryptocurrency enthusiasts dislike the process of sharing identity documents with exchanges and other service providers PayTrie is experimenting with a different KYC solution, known as Express Verification.  Sharing sensitive identity verification documents with third parties carries significant risks. Simplifying KYC Verification More often than not, a data breach of a third party handling this data will expose users to all kinds of scam attempts. PayTrie acknowledges something needs to …
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A Case for Decentralized Identity And How uPort Might Solve The Problem

When Bitcoin was released, people started to talk about (and eventually enjoy) the decentralization of money. Today, big companies have dedicated resources to Blockchain labs and research groups, each exploring a particular use case. But money isn’t everything, as we have seen.  Blockchain technology has many applications and the folks at uPort are looking into the identity problem. What’s wrong with it? Is it really an inconvenience for internet users? …
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