Vulnerabilities of SMS-Based 2FA: Why it may make sense to consider biometrics

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Presented by

John Hammond, Cybersecurity Researcher - Huntress; Dean Nicolls, VP of Growth Marketing - Jumio

About this talk

Over the last year, more and more accounts have been hacked and subject to account takeovers. While using a strong password and two-factor authentication is better than the alternative, the use of SMS-based authentication is the heart of the problem. But not all 2FA setups are built the same and the one that's perhaps the most vulnerable to account takeover is also one of the most popular. In this 30 minute webinar, we will cover the following topics: - Review the different types of authentication in the market today - How does SMS-based 2FA work? - How are hackers intercepting one-time codes and taking over accounts - Short demo of how the hack works - Discover how biometric-based authentication works & why it's a smart alternative

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Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio KYX Platform provides advanced risk signals, identity proofing and compliance solutions that help you accurately establish, maintain and reassert trust. Leveraging advanced technology including automation, biometrics, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps organizations fight fraud and financial crime, onboard good customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions. Based in Palo Alto, Jumio operates globally with offices in North America, Latin America, Europe, Asia Pacific and the Middle East and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners. For more information, please visit jumio.com.