Meet regulations while offering a seamless and secure user experience

 

secure access

Regulatory Requirements

The increase in digital transformation has fueled the need for organizations to enable new technologies that make business transactions faster and efficient. However, these technologies also open new avenues for malicious cybercriminals –  harvesting of personally identifiable data, financial crimes, and theft of corporate intellectual property. 

With new threats emerging every day and the risks affecting end-users, severe penalties are being levied against organizations through stricter legislation and regulatory policies such as General Data Protection Regulation (GDPR), Payment Services Directive (PSD2), Consumer Data Right (CDR), and California’s 2020 California Consumer Privacy Act (CCPA). 

GDPR fines in its first year

in loss of average revenue due to non-compliance

in peer-to-peer payments fraud between 2016 to 2019

With effective regulatory requirements organizations can:

strong authentication
Provide Strong Customer Authentication

Provide users with friction-free strong authentication leveraging biometry and passwordless login to support regulatory requirements such as PSD2 and data protection requirements.

Comply with Regulations
Comply with Regulations

Provide your users with passwordless login or tokenless step-up authentication to verify  user authenticity and integrity – ensuring data security and protection.

Protect your organization
Protect your organization

 The regulations protect your business, your employees and your customers. For example, security regulations exist to help protect against data breach and financial regulations existi to help protect against fraud. With strong customer authentication BlokSec helps meet or exceed those regulations to protect your organization.

Ready to meet regulatory requirements?

Passwordless Authentication
Passwordless Authentication

Passwordless authentication gives your users access to on-premise, cloud and customer portal applications. 

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Consent-based Authorization

Reduce card-not-present and payment fraud with a real-time consent-based authorization to meet regulatory requirements.

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Biometry MFA -
Tokenless Multi-factor Authentication

Secure your applications and network with tokenless step-up authentication without insecure SMS, email-based codes, or rotating tokens.

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Learn more about BlokSec's Decentralized-Identity-as-a-Service (DIaaS™) Platform

Testimonials

To support regulatory requirements and privacy we need stronger authentication for our customers and partners; this is where BlokSec is helping us close this gap.

Shaily Srivastava

CEO, Acreage (use-case: passwordless login and consent-based authorization)

Integrating passwordless login to our customer admin portal using OIDC was simple and straightforward. It took less than 15 minutes to configure our platform to leverage BlokSec for login.

Jasen Meece

CEO, Cloudentity (use-case: passwordless login)