A foldable electronic device includes a first housing and a second housing that are foldable with respect to each other; at least one sensor; a display; a camera configured to operate in a first mode associated with user recognition, and a second mode associated with user authentication; a memory storing instructions; at least one processor configured to execute the instructions to: control the display to display notification information about an event corresponding to the foldable electronic device; based on a folding state of the foldable electronic device detected using the at least one sensor satisfying a predetermined condition, obtain at least one first image using the camera operating in the first mode; identify whether a face is present in the at least one first image; based on identifying that the face is present in the at least one first image, obtain at least one second image using the camera operating in the second mode; perform face recognition-based biometric authentication using at least part of the at least one second image; and based on the biometric authentication being successful, control the display to display content corresponding to the event.