How Biometrics Helps Stop Ransomware
October 26, 2023 | 4 minute read
As organizations navigate the evolving threat landscape, understanding the symbiotic relationship between biometrics and ransomware defense becomes even more important to securing our digital future.
Ransomware, a malicious software designed to encrypt files or lock users out of their systems until a ransom is paid, has become a prevalent and sophisticated cyber threat. The consequences of falling victim to such attacks are not only financial but can also result in the loss of critical data and compromise the integrity of sensitive information.
How is the ransomware getting in? The Sophos State of Ransomware 2023 Report outlines that the top causes of ransomware attacks were from exploited vulnerabilities, followed by compromised credentials, malicious emails, and then phishing. The same report claims that the average cost of recovery for organizations, excluding any ransom paid, comes in at a huge $1.82 million for 2023.
And, unfortunately, the volume of ransomware victims has only continued to spike in the last several years. According to The CyberEdge 2023 Cyberthreat Defense Report, the annual share of organizations affected by ransomware attacks worldwide in 2023 was a whopping 72.7%, up from 55.1% in 2018.
As organizations strive to strengthen their cybersecurity defenses, biometric authentication technology emerges as a powerful ally in the ongoing battle against ransomware. Biometrics, aka using unique physical or behavioral characteristics for authentication, offers a flexible approach to user identification and access control. By employing distinctive features such as fingerprints, facial recognition, or behavioral patterns, biometrics enhances the traditional methods of authentication, creating a robust defense against unauthorized access. In this blog, we dive into the role that biometrics plays in thwarting ransomware attacks.
How do biometrics help prevent ransomware?
Biometrics can play a crucial role in enhancing cybersecurity measures and mitigating the risks associated with ransomware attacks. Here are a few ways in which biometrics can contribute to stopping ransomware.
- They stop unauthorized entry
- They eliminate the need for passwords
- They can be used for multi-factor authentication
One of the ways biometrics helps prevent ransomware and data exposure is through stopping unauthorized entry. A key strength lies in its ability to verify identity through distinct physiological or behavioral traits, ranging from fingerprints and facial features to iris scans. This heightened level of identity validation ensures that only individuals with the correct biometric credentials gain access, acting as a barrier against malicious actors attempting unauthorized access.
Another compelling advantage of biometrics is its potential to eliminate the vulnerabilities associated with passwords. Passwords, often a weak link in the security chain, can be easily compromised through various means. Biometric authentication avoids this vulnerability by providing a secure and convenient alternative for verifying identity. Whether it’s the patterns of one’s facial structure or the unique ridges on their fingerprints, users can authenticate themselves without relying on easily exploitable passwords.
Thirdly, biometrics can easily integrate into the broader landscape of multi-factor authentication (MFA), enhancing its effectiveness in combating ransomware. By incorporating biometric data as an additional layer in the MFA framework, organizations create a strong defense that demands multiple forms of authentication. This fusion of biometrics with traditional MFA methods significantly heightens the complexity of breaching security systems, as attackers must circumvent not only passwords or tokens but also the unique biometric markers tied to an individual. The result is a fortified authentication process that adds an extra layer of uniqueness, rendering unauthorized access substantially more challenging for cyber adversaries. So overall, biometrics contributes to a holistic security strategy, elevating the defenses against ransomware attacks and improving the integrity of sensitive data.
Ultimately, while biometrics can significantly enhance security measures, it is important to note that they are not foolproof. Issues such as data breaches, template storage vulnerabilities, and the potential for biometric data to be spoofed should be addressed through proper implementation and ongoing security measures. Integrating biometrics into a multi-layered security strategy provides a more robust defense against ransomware attacks.
What biometric solutions can help stop ransomware?
Ransomware attacks can have detrimental effects on businesses and consumers: from financial repercussions to the anxiety that ensues with having one’s most precious data available for cybercriminals worldwide. It is imperative that business owners get ahead of potential threats. In addition to good cybersecurity habits, business owners need to ensure robust data security and access management for themselves and their customers.
For businesses looking to implement stronger authentication methods, check out these Aware offerings and get in touch with our team to learn more…
Knomi, Aware’s mobile biometric authentication framework, provides secure and convenient facial and speaker recognition for mobile, multifactor authentication. Additional features include:
- Passive approach to minimize user friction and maximize usability
- Advanced machine learning AI algorithms for unmatched liveness accuracy
- Solutions for onboarding, authentication, and document verification
- Browser-based options for rapid onboarding
AwareID also offers lightning-fast identity verification, multi-factor authentication and biometrics in a single, low-code platform. AwareID’s cloud-based platform provides a functional offering from the start, combining automation with trust so you can continuously authenticate while increasing efficiency and lowering costs.