MFA (Multiple Factor Authentication), also known as multi-factor authentication or two-factor authentication (2FA), is a security method that adds an additional layer of protection to online accounts.
Unlike traditional password-only authentication, MFA requires users to provide two or more authentication elements to verify their identity.
Developments in multi-factor authentication may vary depending on technological advances and company-specific implementations.
Remember, multi-factor authentication acts as an additional layer of security
Do you know the types of MFA factors? Here are a few of them:
- Authentication applications
- Physical security keys
- Biometric authentication
- Location-based authentication
MFA is being adopted by SMEs and large enterprises to tackle phishing.
The widespread cyber-attacks that are occurring around the world should not be taken lightly.
Every year, millions of businesses suffer from their information being compromised; putting all of their users at increased risk of theft and fraud. MFA is one of many security measures you can implement in your business and add great value to your security efforts.
Here are some of the benefits associated with the use of multi-factor authentication for businesses:
- Increased productivity through greater employee mobility
- Early detection
- Improved security
- Protection against password theft
- Reducing the risk of identity theft
- Regulatory compliance
- More convenient implementations
- Preventing phishing attacks
- Cost savings
MFA allows you to validate user identities and provide fast and convenient access to authorized users.
Please note that implementations may vary according to specific platforms and services. Some solutions may also combine multiple factors.