The Value Of Device Authentication
Since the beginning of e-commerce in the mid-1990s, businesses noticed that transactions conducted online can be strengthened in assurance if we can “remember” that a particular device is the same that was used before to conduct successful transactions. A known device provides knowledge about the history of the device and can mitigate against fraudulent transactions that use stolen cards.
Later on, similar techniques now referred to as device fingerprinting are quite popular in detecting devices that have been used to conduct fraud online. Several businesses have started up that provide knowledge about connected devices.
