Two factor authentication are essential components of a strong security system. They lower the risk that malicious insiders will take action and have a lesser impact on data breaches and help to meet regulatory requirements.
Two-factor authentication (2FA) requires the user to provide credentials from various categories – something they know (passwords PIN codes, passwords and security questions), something they have (a one-time verification code that is sent to their phone or authenticator app) or something they are (fingerprints, face or retinal scan). Passwords alone no longer offer adequate protection against hacking techniques. They are easily stolen, shared with the wrong people, and even more vulnerable to compromise through frauds such as on-path attacks or brute force attack.
It is also crucial to have 2FA set up for accounts that are sensitive for online banking, such as, tax filing websites social media, email, and cloud storage services. A lot of these services are available without 2FA, but enabling it for the most sensitive and vital ones will add an extra layer of security that is hard to break.
To ensure that 2FA is working cybersecurity professionals should regularly revisit their strategy to be here are the findings aware of new threats. This can also improve the user experience. Some examples of these include phishing attacks that trick users into sharing their 2FA numbers or “push bombing,” which overwhelms users with multiple authentication requests, leading them to accidentally approve legitimate ones due to MFA fatigue. These challenges and many others require a constantly changing security solution that gives the ability to monitor logins of users and detect any anomalies in real-time.