THE CHANGING FACE OF MOBILE PAYMENTS SECURITY

Transcription

1 THE CHANGING FACE OF MOBILE PAYMENTS SECURITY Past and Future of Authentication RAJIV DHOLAKIA NOK NOK LABS NOK NOK LABS NNL CARTES America APRIL

2 CONSIDER THE HUMBLE IGNITION KEY NNL CARTES America APRIL

3 A KEY INSIGHT Authentication is the Ignition Key NOK NOK LABS NNL CARTES America APRIL 2013

4 The Authentication Challenge In Mobile Payments NOK NOK LABS 4

5 A DILEMMA UNTIL WE CAN TRULY RECOGNIZE PEOPLE ONLINE, IN REAL TIME... NOK NOK LABS NNL CARTES America APRIL

6 A DILEMMA...WE CANNOT REALIZE THE FULL POTENTIAL OF THE CLOUD, MOBILITY OR E-COMMERCE. NOK NOK LABS NNL CARTES America APRIL

7 HOW ARE WE DOING? Current Authentication solutions failing USERS FRUSTRATED 25 ACCOUNTS 8 LOGINS / DAY 6.5 PASSWORDS ORGANIZATIONS OVERWHELMED $7.2M / DATA BREACH $15 / PASSWORD RESET $ / TOKEN ECOSYSTEMS INHIBITED FRAGMENTED INFLEXIBLE FRICTION AUTHENTICATION HAS NOT SCALED Nok Nok Labs NNL CARTES America APRIL

8 AUTHENTICATION TOWER OF BABEL Silos, proprietary, privacy, reliance on 3 rd party, tolls? NOK NOK LABS CARTES CONFERENCE APRIL

9 IMPLEMENTATION IS THE CHALLENGE Each new authentication solution requires: New Software New Hardware New Infrastructure Consumer education We re building Silos of authentication

10 THE REALITY: DIVERSE, DISTRIBUTED, DYNAMIC NO SINGLE SOLUTION WILL WORK ACROSS ALL USE CASES 75% OF THE DIGITAL UNIVERSE CREATED, CAPTURED OR REPLICATED IN THE CLOUD US ECOMMERCE PROJECTED AT $325BN BY BN MOBILE DEVICES MORE THAN THE EARTH S POPULATION 3.1 TRILLION HARD DRIVES WORTH OF DATA CONSUMED DAILY IN THE US EXPLOSION OF ONLINE DATA ABOUT PEOPLE & THEIR ACTIONS = MORE KNOWLEDGE OF WHAT MAKES US UNIQUE NOK NOK LABS NNL CARTES America APRIL

11 AUTHENTICATION SOLUTIONS TODAY Enterprises Applications Custom Protocols Authentication Methods Relying Parties RP 1 RP 1 App 1 SILO 1 SILO 2 FRAGMENTED & BRITTLE App 2 SILO 3 HIGH COST HIGHER RISK New App?? NOK NOK LABS IT S EITHER WEAK AND SIMPLE, OR STRONG AND COMPLEX NNL CARTES America APRIL

12 THE REALITY AUTHENTICATION IS EXPENSIVE TO IMPLEMENT, IT'S HARD TO USE, IT'S TOO EASY TO SUBVERT OR CIRCUMVENT AND IT FAILS MORE AND MORE FREQUENTLY, AND MORE AND MORE SPECTACULARLY IN TODAY'S INCREASINGLY RISKY ELECTRONIC ENVIRONMENT. GARTNER: MAVERICK TECHNOLOGY NOK NOK LABS NNL CARTES America APRIL

13 THE REALITY AUTHENTICATION that s... SIMPLE STRONG NOK NOK LABS DOCUMENT TITLE 4/30/

14 How it works NOK NOK LABS NNL CARTES America APRIL

15 HOW A SUPERIOR SOLUTION SHOULD WORK Enterprises Applications Standard Protocol Authentication Methods Relying Parties RP 1 RP 1 RP 1 App 1 UNIFIED AUTHENTICATION PROTOCOL App 2 LOWER COST LOWER RISK New App UNIFIED & STRONG? A UNIFIED APPROACH: ANY DEVICE. ANY AUTHENTICATOR. ANY APPLICATION. NOK NOK LABS 15 NNL CARTES America APRIL 2013

16 THE BENEFITS ANY DEVICE, ANY USER, ANY TIME, ANYWHERE IN THE WORLD. THE DEATH OF SILOS. NO LIMITS TO INFRASTRUCTURE. AUTHENTICATION SCALE WITHOUT RESTRICTION. FREEDOM FROM THE SHACKLES OF LEGACY. UNCHAINING THE INTERNET. CLOUD, MOBILE, DATA MINUS THE BOUNDARIES. NOK NOK LABS NNL CARTES America APRIL

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22 PONEMAN-NOK NOK STUDY DIVERSITY RULES NNL CARTES America APRIL 2013

23 INDUSTRY PARTNERSHIP NOK NOK LABS NNL CARTES America APRIL

24 THE FIDO ALLIANCE MISSION: REINVENT AUTHENTICATION FOR THE MODERN COMPUTING INFRASTRUCTURE ENTERPRISE ORGANIZATIONS ENHANCE SECURITY LOWER COSTS REDUCE SUPPORT ISSUES FIDO ALLIANCE CONSUMER FACING ORGANIZATION BETTER PROTECTION SUPERIOR EXPERIENCE NEW REVENUE MODELS DEVICE OEMS EMBED SECURITY DIFFERENTIATE THOUGHT LEADERSHIP AUTHENTICATION VENDORS INCREASE ATTACH RATEACCELERATE ADOPTION EXPAND TO MOBILE NOK NOK LABS NNL CARTES America APRIL

25 ABOUT THE FIDO ALLIANCE A NON-PROFIT STANDARDS DEVELOPMENT ORGANIZATION 2011 Ongoing work by informal group Initial code developed 2012 Foundation of the FIDO Alliance Launch of Working Groups 2013 Launch of FIDO Alliance Deliver Specifications Goal is to develop the technical specifications that define an open, scalable, interoperable set of mechanisms that reduce the reliance on passwords to authenticate users Very active Board, Technology and Marketing Working Groups Founding Members, FIDO Alliance NOK NOK LABS 25

26 UNLEASH NEW POSSIBILITY NOK NOK LABS NNL CARTES America APRIL

27 CALL TO ACTION ALL Payments ecosystem players can benefit from FIDO FIDO alliance Non-Profit open industry standards for authentication Nok Nok Labs pioneering FIDO implementation Webinars Demonstration, Evaluation Poneman-Nok Nok Labs Report or NOK NOK LABS NNL CARTES America APRIL

28 Q&A NOK NOK LABS DOCUMENT TITLE 4/30/