Technology innovation requires businesses to stay on top of their security using solutions like multifactor authentication and physical security keys. A new solution is making it possible to securely access every channel with the power of your voice. Our partners at ValidSoft gave our team an in-depth look at voice biometrics. They covered vulnerabilities in existing technologies, how their software works, and gave a live demo. We included links to helpful resources below for anyone interested in learning more about ValidSoft.
Resources we recommend:
- About ValidSoft
- Voice Identity Platform (VIP)
- Technology Architecture, Integration, & Security
- Read the Latest Blogs
Fun facts we learned:
- 40% of customers cannot remember their passwords or security questions.
- 76% of IVR (Interactive Voice Response) authentication is used for account mining.
- 36% increase in fraud losses in 2020 due to authentication vulnerabilities.
- Voice authentication has proven to be 10x faster at accurate authorization.