Trustswiftly assists businesses to efficiently combat fraud and avoid age-restricted sales while fulfilling regulatory compliance. Their solution offers an economical route towards IAL3 and FedRAMP high compliance using remote yet supervised identity proofing processes with chat, video, facial image captures with liveness detection support, document authentication as well as document authentication.
Traditional methods for IAL3 require in-person attended sessions that can be both costly and time consuming, making distributed teams unsuitable as interviews create interview fraud risks and compliance bottlenecks.
IAL3 is the highest level of digital identity security
Identity Assurance Level 3 (IAL3) provides the highest level of identity verification available today, binding strong cryptographic evidence with claimed identities of individuals in order to prevent impersonation attacks and advanced cybercrime. In compliance with FedRAMP and GDPR standards, this process must be on-site attended and involve evidence validation as well as biometric verification in order to bind proofing with specific individuals – making this level of protection particularly useful when it comes to financial transactions or government services that must remain safe.
Traditional methods to achieve IAL3 require in-person interviews with a trained CSP representative and verification of both physical and digital evidence, which is costly, time consuming, and unscalable for distributed teams. Furthermore, this poses fraud risks as well as compliance bottlenecks in relation to NIST 800-63-4 IAL3 requirements.
Trustswiftly’s supervised remote nist ial3 verification solution addresses these challenges by combining automated with human oversight verification methods, such as document verification, facial recognition with liveness detection, fingerprint scanning and voice authentication. In addition to using these verification techniques it also uses a FIDO passkey and encrypts sensitive data to prevent SIM swapping, MFA bypass and other forms of malware attack on its platform; and has even launched a public bounty challenge inviting security researchers and ethical hackers to try breaking its defenses!
Trustswiftly’s supervised remote NIST 800-63-4 IAL3 solution enables organizations to meet both business and security objectives without kiosks, using chat, video, facial recognition with liveness detection and document authentication – in combination with stepwise reproofing depending on risk – in order to minimize fraud losses and cyber liability insurance costs.
IAL3 is a NIST 800-63-4 standard
The NIST 800-63-4 standard establishes a framework for identity verification services using assertions to standardize and secure information exchange. It features a tiered model for authentication levels that enables registered parties (RPs) to select the level that best meets their security needs; in addition, this standard helps prevent impersonation attacks such as SIM swapping and MFA bypass by securely linking biometric credentials with identities they represent.
The ial3 identity verification software is conducted under supervision and requires strong identity evidence, such as verified documents and rigorous evidence validation, as well as biometric checks (facial recognition with liveness detection). It aims to deliver maximum confidence in identification but can only be achieved in an environment with adequate proofing capabilities such as kiosks or workstations which have been tailored specifically for this application or with our turnkey kits.
IAL3 protocol was designed to ensure that RP systems were not vulnerable to attacks by malicious insiders – especially crucial in highly regulated industries like finance or healthcare. To do this, all personally identifiable information (PII) had to be encrypted prior to transmission between systems as well as providing a robust audit trail of its passage through an organization’s systems and including requirements for trusted hardware channels that prevent breaches in data protection and unauthorized access of PII.
IAL3 is a hardware-assisted solution
NIST SP 800-63-4 identity assurance standards contain three levels of assurance ranging from IAL1 to IAL3, where IAL3 requires in-person attended or remotely overseen identification processes with high-fidelity evidence that verifies claimed digital identities are real and uniquely linked to enrollees. Furthermore, this level mandates stronger phishing-resistant authentication methods and secure federated identification practices; further deprecating email OTP verification methods while mandating hardware-backed FIDO authenticators as authentication devices to reduce impersonation attacks, SIM swapping, or MFA bypasses.
TrustSwiftly’s remote IAL3 solution enables passwordless proofing using chat, video or facial recognition with liveness detection and document authentication, step-up reproofing based on risk and provides step-up reproofing based on risk. This scalable process ensures the highest level of fedramp high identity proofing while saving on travel expenses, schedule issues and administrative costs; in addition to reducing cyber liability insurance premiums as well as operational expenses due to decreased password reset requests or security risks.
An enrollee can initiate an IAL3 session on their mobile device or in any kiosk that you deploy with just one click, and an agent will review evidence documents and biometric attributes to authenticate their identities and bind them with verified credential in real-time. Businesses can reduce fraud risk and nist 800-63-4 ial3 compliance violations while meeting KYC requirements confidently with this software, which also supports multiple authentication methods as well as watchlist screening capabilities.
IAL3 is a supervised solution
IAL3 is an advanced security measure solution designed to meet even the strictest identity proofing requirements, providing businesses with an effective means of verifying individuals without ambiguity and meeting high-risk environments such as healthcare services and sensitive data access. Trust Swiftly’s remote identity proofing platform meets this need through multi-factor checks, real-time document validation and biometric comparison.
Contrary to IAL2 where linking claimed identity with real world people isn’t required, IAL3 requires there be an unambiguous connection between an individual and their identity evidence. Additionally, this level introduces physical presence either in-person or remotely supervised remote authentication by an agent who co-located with or attended via CSP kiosk or device for this level.
Top IAL 3 solutions utilize advanced liveness detection to verify whether an enrollee is present, matching their facial image against what’s presented as identity documents. They then link a robust set of biometrics with each credential they are verifying to help prevent impersonation attacks like SIM swapping and MFA bypass. Finally, digital chain of custody authentication helps reduce man-in-the-middle attacks and data breaches, satisfying various compliance standards such as FedRAMP and GDPR simultaneously.
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