What’s missing is not another authentication technology, it’s a common infrastructure to allow backed systems to use different solutions based on business risk. This is the problem that the FIDO Alliance is focused on solving by establishing wide, industry standards that provide a framework for innovation.
This industry alliance was formally announced back in February with six founding members – Lenovo, Infineon, PayPal, Nok Nok Labs, Agnitio and Validity Sensors. Their ambition is to deliver a standardized authentication protocol which supports different authentication technologies including biometric capabilities such as voice, face and fingerprint recognition, as well as USB tokens, Trusted Platform Modules (TPMs) and traditional One Time Passphrase (OTP) tokens.
The fundamental principle is that relying parties, such as banks or e-commerce sites, should be able to leverage the capabilities present on their customers chosen devices that meet the risk associated with a transaction. This ensures that they are not trapped in a specific authentication ‘silo,’ but are able to be flexible to new customer requirements.
Since the launch of the FIDO Alliance, we have seen significant momentum in the marketplace. Google, NXP and CrucialTec have joined as board members, and the overall membership has more than doubled with significant representation from device manufacturers and authentication vendors. This growth is noteworthy as it shows the demand for a standards-based approach to solving modern authentication challenges.