‘IoT for authentication’ can trade too much danger for convenience
The internet, mobile and connected devices support efficient, all day, anytime access to payments and finances. But firms need to be careful not to ask consumers to give up too much security in the name of convenience when considering authentication in the IoT world.
Access control is part of the equation when considering connected payments and other IoT deployments as firms must consider the economic value to the customer, or the maximum amount a consumer will give up in exchange for innovation.