Session Title: Transmit Security Masterclass: Defending Against ATO by Completely Eliminating Passwords With FIDO-Based Authentication
Speakers: Raj Galagali, Vice President, Solutions Engineering, Transmit Security; Balu Santhosh, Principal Solutions Architect, Transmit Security
Date: Wednesday, June 22, 2022
Location: Denver, CO

Description: Account takeovers have exploded more than 300% over the last year while hackers are emboldened by the pandemic’s push to online commerce. Their new arsenal includes automated tools like botnets that can test thousands of logins per second. By simply guessing, stealing or brute-forcing credentials, fraudsters steal $16 billion annually — a massive sum that demands we finally put a stop to ATOs by getting rid of passwords completely. In this Masterclass, we discuss the ways most modern cyberthreats abuse credentials and how FIDO-based authentication can shut them down by completely eliminating passwords. Cybersecurity experts and industry veterans Balu Santosh and Raj Galagali join us from Transmit Security to deliver a comprehensive look at how FIDO finally puts hackers on the defensive. Grab a seat to learn more about contemporary ATO tactics and how passwordless authentication is disrupting the playing field. In this advanced discussion, we’ll explore how to: Eliminate passwords from every step of customer authentication Implement passwordless without creating silos and security gaps Solve complex challenges to secure all customer scenarios and journeys Leverage open standards like OIDC and FIDO as the building blocks Ensure people never have to create or remember a password ever again The talk will conclude with a segment for Q&A. Arrive early to save your seat and learn how passwordless is defining the future of consumer-centric cybersecurity.