KuppingerCole Report
Executive View
By John Tolbert

HID Global Fraud Prevention Offering

HID Global offers robust and secure solutions for identity and access management, including a highly scalable authentication platform, physical access controls, smart identity card manufacturing and credential issuance, biometric authentication, and fraud prevention in the form of mobile/remote identity proofing, real time threat detection and strong security protocols and cryptographic standards to secure digital channels. HID Global presents each of these elements into a full fraud prevention offering suitable for helping customers reduce the risk and costs associated with Account Take Over, New Account Fraud, and many other types of digital threats.
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jt@kuppingercole.com

1 Introduction

Fraud is a major cost to businesses worldwide. Multiple reporting sources estimate that total related cybercrime costs will reach \$10.5 trillion by 2 ...

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2 Product Descriptions

HID Global is a subsidiary of ASSA ABLOY Group AB of Stockholm. HID Global's US headquarters is in Austin, TX. HID Global has developed their own rang ...

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2.1 Identity Verification Service

Fraud protection begins with identity vetting at the time of account creation. Government and highly regulated industries worldwide such as financial ...

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2.2 Risk Management Solution

The HID Global Risk Management Solution addresses many of the most prevalent fraud types: ATO, synthetic fraud, banking overlays and other malware des ...

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2.3 HID Approve

HID Approve is HID Global's transaction signing and authentication solution that uses push notifications. It can be fully integrated into the authenti ...

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3 Strengths and Challenges

The volume and complexity of fraud is increasing, and businesses in almost every industry as well as government agencies are actively seeking Fraud Re ...

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Copyright

©2021 KuppingerCole Analysts AG all rights reserved. Reproduction and distribution of this publication in any form is forbidden unless prior written permission. All conclusions, recommendations and predictions in this document represent KuppingerCole´s initial view. Through gathering more information and performing deep analysis, positions presented in this document will be subject to refinements or even major changes. KuppingerCole disclaim all warranties as to the completeness, accuracy and/or adequacy of this information. Even if KuppingerCole research documents may discuss legal issues related to information security and technology, KuppingerCole do not provide any legal services or advice and its publications shall not be used as such. KuppingerCole shall have no liability for errors or inadequacies in the information contained in this document. Any opinion expressed may be subject to change without notice. All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

KuppingerCole Analysts support IT professionals with outstanding expertise in defining IT strategies and in relevant decision-making processes. As a leading analyst ompany, KuppingerCole provides first-hand vendor-neutral information. Our services allow you to feel comfortable and secure in taking decisions essential to your business.

KuppingerCole, founded in 2004, is a global, independent analyst organization headquartered in Europe. We specialize in providing vendor-neutral advice, expertise, thought leadership, and practical relevance in Cybersecurity, Digital Identity & IAM (Identity and Access Management), Cloud Risk and Security, and Artificial Intelligence, as well as for all technologies fostering Digital Transformation. We support companies, corporate users, integrators and software manufacturers in meeting both tactical and strategic challenges and make better decisions for the success of their business. Maintaining a balance between immediate implementation and long-term viability is at the heart of our philosophy.

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