Evident ID launches enterprise account recovery with facial biometrics and liveness
Evident ID has launched a new Enterprise Account Recovery offering with facial biometrics and liveness detection to help organizations reduce data breaches, prevent takeovers and protect against advanced threats, according to a company announcement.
Organizations can use the new product to replace legacy knowledge or SMS-based verification methods, and the more efficient process will increase productivity and save costs associated with password resets and identity recovery, the company says.
“Account recovery is a time-consuming process and increasingly an area of vulnerability and vector of attack for enterprises,” explains Evident CEO and Founder David Thomas. “Our solution was purpose-built to provide a smooth and seamless experience while offering a higher level of assurance of the requestor’s identity, foiling account takeover attempts and protecting legitimate employees and associates.”
Evident says its Enterprise Account Recovery provides high assurance with its document verification, biometrics, and mobile network operator (MNO) verification technologies. Verification is accurate, according to the announcement, due to Evident’s 6,500 authoritative sources of data corroboration, and the process has a fast turn-around time.
“Account recovery security is problematic, especially at the enterprise level, where 20-50 percent of all help desk calls are for password resets. More complex rules like password rotation policies, KBV, and other outdated methods can introduce more serious threats,” says Evident Chief Product Officer and Co-founder Nathan Rowe. “Evident is making it possible to quickly and accurately verify account holders without excessive disruption and company intervention. Our Enterprise Account Recovery solution addresses a very real need for layered security measures, without the friction and frustration typically associated with attaining a higher level of assurance for enterprise account recovery.”
When Evident announced a $20 million funding round in May, the company made clear that enterprise account security and facial recognition are areas of strategic focus for it going forward.
The company also recently added verification for professional licenses to its portfolio in October.