Common Problems with Trustee Authentication and Solutions

Managing digital assets after someone passes away or becomes incapacitated is often chaotic. Why? Because trustee authentication systems - used to verify access to critical accounts - are riddled with issues like forgotten passwords, lost devices, and outdated contact details.

Here’s what you need to know:

• Key Problems: Forgotten passwords, reliance on outdated single-factor authentication (like passwords), lost authentication devices, and phishing attacks make securing digital assets extremely difficult.
• The Risks: Over 82% of breaches happen due to authentication failures. In 2020 alone, data breaches exposed 155+ million records, costing an average of $3.86 million per breach.
• Solutions: Multi-factor authentication (MFA) is the best w...