In an age where artificial intelligence (AI) constantly redefines the real versus the artificial, establishing genuine identity has never been more crucial. The complexity of verifying “who” behind the “what” underscores the need for innovative authentication solutions. In this context, the urgency for secure and user-friendly authentication methods escalates. Responding to this need, Facephi has proudly been named as a Representative Vendor in the 2024 Market Guide for User Authentication by Gartner®.
The limitations of traditional password systems are becoming more evident as cybersecurity threats evolve. To move away from the model of traditional passwords, it leverages elements such as biometrics, trusted devices, and behavioral patterns, integrating them with multifactor authentication (MFA). Facephi is at the forefront of this shift and leading the charge toward passwordless authentication methods offering seamless security experience, navigating away from conventional password dependencies.
With rising concerns over phishing, which compromises the integrity of standard MFA systems, the approach shown in the guide integrates advanced features like session binding and location intelligence. These innovations, together with the adoption of phishing-resistant authentication technologies such as Verifiable Credentials (VCs), underscore Facephi commitment to protecting digital interactions against modern threats.
Moreover, the domain of Verifiable Credentials (VCs) uses cryptographic technology to transform the issuance, storage, and verification of personal credentials. This development represents an important step toward a future where digital identity management is both secure and simplified, marking another reason, we feel, for the recognition by Gartner®.
Facephi is driven by the fusion of technological innovation and security. The company’s commitment extends to innovating and improving solutions that address the authentication challenges faced by global businesses. Companies looking for a solution for their specific needs are best served by reading the report.
We’re also always happy to chat about your identity needs! Contact us to discover how our identity solutions can help you and stay ahead of evolving fraud trends and meet regulatory requirements today and for many years to come.
Gartner, Market Guide for User Authentication, James Hoover, Ant Allan, 12 November 2024
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, All rights reserved.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose
