Understanding Multi-Factor Authentication (MFA) and Its Benefits
Multifactor Authentication (MFA) also known as a Two-factor authentication (2FA) is widely used for an additional layer of security between the user and potential online threats. It requires two ways of proving your identity & is considered most efficient way of providing improved security in recent times. Traditional usernames and passwords run the risk of being compromised easily & multiple layer authentication ensures that users demanding access are who they claim to be.
- Knowledge: Something the user knows; a password, PIN, zip code or answer to a question (mother’s maiden name, name of pet, etc.)
- Possession: Something the user has; a phone, credit card or a safety token
- Heritage: Something the user is; a biometric such as a fingerprint, retina verification, or voice recognition
- Better security for consumers & employees
- Reduced data breaches lead to reduced operating costs
- Builds customer trust & credibility as they are assured about the safety of their data
While password protection should remain an integral part of your managed security services, it is not the be-all-and-end-all, ensuring that the user, their data, and the company network at large remain much safer against online threats. ⠀
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