Security is a major focus of firms in recent years, with attacks and breaches becoming more and more prevalent. AT&T, Sprint, T-Mobile, and Verizon are teaming up to bring an improved mobile authentication system to your device, for your security. They have created the Mobile Authentication Taskforce. The plan is for a newly developed mobile authentication solution to be made available to the public by the end of 2018, available for both enterprises and consumers.
This can do a lot of good for consumers whose lives make use of technology daily. With these four major corporations on board, it’s no longer just about getting 2-factor authentication. In theory, they can make use of your location, SIM card, and network to verify your identity. This is because phone providers will have access to a lot more information than a standard 2-factor authentication solution, offered up by Google or Facebook for example.
“Through strong collaboration, the taskforce announced today has the potential to create impactful benefits for U.S. customers by helping to decrease fraud and identity theft, and increase trust in online transactions.”
-Alex Sinclair, chief technology officer, GSMA
According to the AT&T news room announcement, each company will be contributing to creating an advanced mobile authentication solution. It will analyze data and movements by its users in deciding if the user is really who they say they are. They aim to work with app developers, businesses and other third parties to make the app the best it can be.
The question is, does this in itself pose a security or privacy risk? Many people may be concerted with companies analyzing their network data to determine if they are who they say they are, myself included. Even if you don’t mind these companies analyzing your data, in the event of a breach hackers may also be able to access your data history. What do you think?
Source: AT&T News Room