Authentication — The process of verifying that a user, device or service is who or what it claims to be.
Why Authentication matters in finance
Strong authentication is a core control against unauthorized access to financial systems.
Security is also a market-infrastructure question
In financial services, authentication should be understood in relation to operational continuity, data integrity, payments, market infrastructure and interconnected dependencies. A control can be technically effective while still leaving material resilience risk if critical services cannot continue or recover during disruption.