Multi-Factor Authentication : A Complete Understanding!

Multi-Factor Authentication

 

MFA or Multi-Factor Authentication was designed and developed to add more security checks to the login process. Multi-factor authentication (MFA) solutions help to improve the security of the business by adding multiple authentication measures. Before getting access to something, the user is required to submit additional information to verify their identities such as a text message, or OTP (One Time Password), or your biometrics like a fingerprint before the user can access the account that may have sensitive or important information or controls. By adding multiple authentication measures, you can better prove that someone is whom they say they really are. On the other hand, it is a way harder for someone else to get access to your accounts or sensitive data.

 

Multi-factor Authentication Solutions Helps to Protect Your Account With:

  1. Something you know: like a ‘password.’
  2. Something you have: like a ‘phone’ or ‘security key’ you have.
  3. Something you are: like ‘biometrics.’

If your password is stolen, scammers will be requiring these factors to access your account.

 

Is two-factor authentication the same as multi-factor authentication?

A two-factor authentication solution is a form of multi-factor authentication. However, 2FA is not same as MFA. 2 factor authentication solutions require only two authentication measures: your password and a code generated by an app or your smartphone, or a fingerprint.

Multi-factor authentication solutions on the other hand goes beyond two authentication measures and include three or more such as password, push notification, fingerprint, or contextual factors. The best multi-factor authentication solutions include a combination of biometrics and contextual factors. True Multi-factor authentication solutions are the strongest options because the ability to add more authentication measures is a result of proving someone’s identity and significantly reducing the risk of successful attacks.

 

Various Significant Benefits of Using Multi-Factor Authentication Solutions:

  1. Improve Security:

The primary benefit of adding a multi-factor authentication solution is that it provides additional security by adding multiple layers of security and protect sensitive data from being hacked.

 

  1. Improved Reliability:

Multi-factor authentication solution is a cost-effective way of solution for businesses to improve the reliability of the fraud prevention efforts and add another layer to the access process making it difficult for hackers or scammers to get access to the business or users’ sensitive data.

 

  1. Assures customer Identity:

By implementing multiple authentication measures, the security of the username and the password is enhanced by adding more layers to the protection process. Now, the criminals have a hard time successfully access the account as it is either protected with SMS or through an automated phone call or with the fingerprint of the true owner (possession).

 

  1. Increase Flexibility & Productivity:

Multi-factor authentication solutions allow users to add multiple layers of protection and replacing the burden of passwords with alternatives that have the potential to add productivity and bring a better usability experience due to the increased flexibility.

 

  1. Effective Cybersecurity Solutions:

2 factor authentication or MFA is an effective cybersecurity solution. By implementing strict security measures, users make the task of hackers or scammers difficult by using complex passwords.

 

JNR Management Resources Pvt. Ltd. has been a foremost player in the PKI industry for decades, catering to cutting-edge IT security solutions to safeguard government, enterprises, and other financial organizations. Moreover, our platinum partnership with DigiCert (formerly Symantec) and other renowned OEMs has further inspired us to do more in the industry, which has given new heights to our transcendence. We enjoy the honor of being acknowledged as a “Platinum Elite” certified partner of DigiCert in India & South East Asia. Our IT Security solutions include SSL certificate, HSM (Hardware Security Solutions), MFA (Multi-factor authentication solutions), email security solutions, and much more.

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