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Understanding Multi-Factor Authentication (MFA) and Its Benefits

29 October

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. 

There are generally 3 types of Multi-factor Authentication (MFA) as mentioned below:
  • 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
The MFA services has become a standard offering across big tech companies & forms an important part of a customer experience. Listed below are few benefits of the service:
  • 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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Posted by Admin