Ping Identity predicts new identity technologies will advance in 2018, but hackers will persist
In the coming year, facial biometrics will go mainstream, numerous data breaches and the emergence of identities based on blockchain will be among major identity trends, according to predictions from Ping Identity.
Ping Identity’s CTO Office has announced five predictions for 2018, which also include the replacement of knowledge-based authentication with identity proofing alternatives such as services to authenticate with photos of physical ID, and the beginning of zero-login authentication, as passive factors provide continuous authentication with less challenges to users.
“With rampant data breaches in 2017 targeting victims from consumers and enterprises to politicians and nation states, the protection of personally identifiable information has never been more important,” said Patrick Harding, CTO, Ping Identity. “While new threats will continue to emerge, 2018 looks promising for advancements and innovation in cybersecurity.”
Following the launch of Apple’s Face ID in 2017, Android plans to adopt facial recognition technology, and Ping Identity predicts it will be much more widely used in 2018 than previously. The proliferation of personal information on social media will contribute to the decline in use of questions like “what is your first pet’s name” to grant access to an account.
The market value of cryptocurrencies increased by 2700 percent in 2017, Ping Identity says, which has resulted in the creation of blockchain identities for millions of individuals, which will be leveraged for non-cryptocurrency uses this year. The company also predicts that quantum computing will become more prominent in 2018, and could enable the cryptographic algorithms that blockchain technology is based on to be broken, according to a blog post on the predictions.
The most worrying prediction may be that hackers will respond to multi-factor authentication by harvesting meta-data about the additional factors associated with certain accounts in order to launch automated multi-factor attacks targeting multiple sites.
As previously reported, Goode Intelligence also predicts that facial recognition will be more widely used in 2018, especially by financial services companies.