Appgate is strengthening its cybersecurity portfolio with the addition of a new behavioral biometrics service. The company provides clients with Zero Trust security solutions, and will be using behavioral biometrics to assess risk levels during individual transactions.
In that regard, Appgate’s solution operates much like other behavioral biometrics offerings. The platform analyzes someone’s keyboard and mouse behaviors during an online session, and uses that information to create a unique profile for each user. It can then send a notification to administrators and step in if it notices any deviations from that pattern, which could point to the presence of a potential fraudster.
Appgate’s behavioral biometrics platform can be deployed through an API, and gives organizations the ability to set their own risk levels. They can also configure the platform to take specific actions when an interaction exceeds a given threshold. For example, Appgate might ask for step-up authentication during a high-risk interaction, and send a notification to administrators to give them an opportunity to respond.
Legitimate users, on the other hand, should enjoy a more seamless login experience. Appgate’s solution operates passively in the background, and allows organizations to remove friction if no anomalies are detected. The company believes that its solution can help financial institutions combat account takeover attacks, and keep pace with rapidly evolving cybercriminals.
“Organizations with a high volume of online end user interactions—like financial institutions, retailers, utilities and healthcare providers—must ensure that these interactions are secure,” said Appgate CPO Jason Garbis. “At the same time, their customers expect a seamless digital experience. Our new behavioral biometrics offering enables organizations to strengthen their security posture and provide dynamic protection while minimizing the impact to the end user.”
Fact.MR has predicted that the behavioral biometrics market will reach $9 billion by 2031. Estimates from Global Industry Analysts and Grand View Research, meanwhile, have placed demand at around $4 billion in 2027.
February 10, 2022 – by Eric Weiss