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Industries ImageWare Systems Serves

Retail & eCommerce

Data Breaches Are Costing Retailers Millions

A survey by the National Retail Federation finds that retail return fraud will cost companies as much as $15 billion.

As many as 16.7 million consumers were victims of identity theft or fraud and the amount stolen was $16.8 billion in 2017.

Card-not-present fraud — transactions made online or via phone where the cardholder does not need to present the physical card to complete the purchase — jumped the most, increasing 40 percent compared to 2015.

Account takeover fraud — where thieves used stolen login information to access a consumer’s accounts — rose 31 percent, and instances where fraudsters opened new accounts in a consumer’s name increased 20 percent in 2016.

In 2018 alone, Panera, Lord & Taylor, Saks Fifth Avenue, Under Armor, Sears, Kmart, Best Buy, Delta Air, and many other retailers experienced security breaches that were caused by flawed payment systems either online or in stores.

The retail industry needs to deploy stronger, user-friendly, customer and workforce authentication.

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In Lost Revenue

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In Lost Customers

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In Lost New Business

Secure Your eCommerce Data with ImageWare Systems’ 2FA, Biometrics, and Multi-factor Authentication (MFA)

GoVerifyID® provides two-factor (2FA) and multi-factor biometric user authentication across all platforms, including Apple iOS, Android, PCs, and other systems. Organizations and users can select the 2FA methods of their choice including phone-as-a-token, secure push notification (e.g., yes/no), and PIN; as well as the biometrics of their choice, such as face, voice, fingerprint, iris, and palm. Biometric matching can be performed on-device, in the cloud, or on your own servers.

GoVerifyID Enterprise Suite provides seamless integration with nearly all security infrastructure commonly used in the retail industry. This includes certified integrations with products from Microsoft, CA, IBM, Oracle, SAP, ForgeRock, and HPE.

GoVerifyID® End-to-End Capabilities

Many use cases exist for adding 2FA, Biometrics, and Multi-factor Authentication (MFA) to business processes within enterprises, the retail industry, the banking industry, and in healthcare organizations. Some of the most obvious use cases are described below. Using GoVerifyID is beneficial any time you need assurance of the identity of the person accessing a system or making a transaction.

Workforce Use Cases

  • Computer Access
  • Application Access
  • Network Access
  • Public Cloud Access
  • Token Replacement
  • Password Reset

Retail Customer Use Cases

  • Identity Proofing
  • Online Retail
  • Mobile Retail
  • Loyalty Program Apps
  • Transaction Confirmation
  • Unusual Purchase Verification (Fraud)

Protect Against Data Breaches with 2FA and Beyond

Join ImageWare for a 45-minute live discussion to understand why two-factor authentication is important, how you can quickly and easily deploy an enterprise solution, how to meet your regulatory needs such as PCI, HIPPA, PSD2 etc., and how to prepare your security infrastructure for the future.

After registering, you will receive an email confirmation containing information about joining the webinar. We look forward to talking with you!

The Need for 2FA and Biometric Authentication in the Retail Industry

ImageWare GoVerifyID provides an intuitive user experience for 2FA, biometric, and MFA across all platforms, including Apple iOS, Android, PCs, and other systems. Organizations and users can select the two-factor, multi- factor authentication, and biometrics of their choice, such as face, voice, fingerprint, iris, and palm. Biometric matching can be performed on-device, in the cloud, or on your own servers.

GoVerifyID Enterprise Suite provides seamless integration with the security infrastructure that is commonly used in the retail industry. This includes certified integrations with products from Microsoft, CA, IBM, Oracle, SAP, and HPE.

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