Part 2 of 3: Beyond Passwords - IronVest's Revolutionary Approach to Continuous Authentication

Kfir Yeshayahu

July 30, 2024

  • # Payment Protection
  • # Fraud Prevention
  • # Account Protection

Part 2 of 3: Revolutionizing Digital Security: IronVest's Vision for a Safer Online World

Key Takeaways:

  • Traditional login methods only authenticate users at the beginning of a session

  • IronVest provides continuous authentication throughout your entire online journey

  • New features add extra layers of protection beyond the initial login

The Problem with Traditional Authentication

Remember the last time you logged into an important account? You entered your password, maybe even a second factor like a code from your phone, and then you were in. Job done, right? Not quite. Here's the problem: traditional security measures only check who you are at the moment you log in. After that, you're on your own.

It's like a party with an open bar that checks your ID at the door but then never checks again - anyone who manages to hack their way in could then drink for free once they're inside! In our digital lives, this leaves us vulnerable to session hijacking, where a hacker could take over our account mid-session.

The Problem with Traditional Authentication

Remember the last time you logged into an important account? You entered your password, maybe even a second factor like a code from your phone, and then you were in. Job done, right? Not quite. Here's the problem: traditional security measures only check who you are at the moment you log in. After that, you're on your own.

Introducing AuthenticAction™: Continuous Security

At IronVest, we realized that authenticating you only during log-in isn't enough. That's why we've developed a system that safeguards you throughout your entire digital journey. We call it AuthenticAction™, and it's all about proving you're you, not just when you log in, but continuously, for as long as you're online.

How AuthenticAction™ Works

Here's how it works: Instead of relying solely on what you know (like a password) or what you have (like your phone for that two-factor code), we use who you are. We're talking about biometrics - things like your face, your fingerprint, or even the unique way you type or move your mouse. And we check these continuously, ensuring it's still you behind the keyboard or screen.

Protecting Your Privacy with Decentralized Biometrics

But don't worry, we're not storing a photo of your face or a copy of your fingerprint on some server. That would be a privacy nightmare! Instead, we use a clever technique called "decentralized biometrics." It's a bit like tearing up a photo into tiny pieces and storing each piece in a different place. Even if someone got hold of a piece, they couldn't recreate your biometric data.

Additional Layers of Protection

And we don't stop there. We've developed a whole suite of features to keep you safe throughout your online activities:

  1. Masked Emails: Ever hesitate to give out your email address online? With our masked emails, you can create unique email addresses for different services. If one gets compromised, you can just turn it off without affecting your main email.

  2. Virtual Phone Numbers: Same idea, but for phone numbers. No more spam calls!

  3. Virtual Credit Cards: Shop online without worrying about your card details being stolen.

  4. InboxGuard: This is like having a cyber-savvy friend looking over your shoulder. It uses AI to spot potential phishing emails before you even open them.

Security Made Simple

The best part? All of this happens seamlessly in the background. You don't have to remember a bunch of passwords or jump through hoops every time you want to check your email. It's robust security that doesn't get in your way, protecting you from the moment you log in until the moment you log out.

With IronVest, we're not just making online security stronger - we're making it simpler too. Because we believe everyone deserves to feel safe online, not just the tech experts. Stay tuned for our next article, where we'll explore how we're using AI to make this protection even more powerful and personalized!

Elevate your financial security with IronVest's advanced protection

To ensure you’re making the most of your security efforts, consider IronVest. With features like biometric fraud prevention technology and masked credit cards, you’ll enjoy a robust approach to safeguarding your digital assets and online activity. Get IronVest today and discover how you can bank online with more peace of mind.

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