Two Factor Authentication: Balancing Accounts Security and Access

Two Factor Authentication: Balancing Accounts Security and Access

With the growing advancement in technology and the hacking techniques, both safety of the online accounts and the risk to lose them are increasing rapidly. Perfect authentication systems help secure your online accounts from hackers or the bad guys, and determine ‘whom to give access’. Lesser the security level, higher is the possibility that the intruders will gain access to your online account with no trouble. But, if the authentication system is intricate, restraining, or hard to compromise, then no unauthentic user will be able to gain access. The time has come to strengthen the digital assets security as far as growing cyberattacks are concerned, so it is better to enable Two Factor Authentication on all your valuable online accounts.

Being an authentic end user, if you want to log in to your online account, then you need the valid username and password combination for verifying your identity. But, what if someone else manages to guess your secret password. By doing so, he can easily get in to your online account. Therefore, it is necessary to add an extra security layer, so that no unauthorized user can access the account even if the password gets compromised. Two Factor Authentication security method helps to keep the prying eyes away from your online accounts and confidential data.

A brief overview of this method

Two Factor Authentication, also known as 2FA or Two Step Verification is an authentication mechanism that adds an additional layer of security in the login procedure to verify identity of the user. This security method requires two authentication factors; unique verification code or OTP (One Time Passcode) and secret password, to verify whether the user is authentic or not. The verification code is immediately sent to the registered mobile device of the user as he enters the correct username and password combination associated with his account, and is valid only for a few seconds. Two Factor Authentication security method creates the perfect balance between online accounts security and whom to give access.

In internet security, the possible types of authentication factors are:

Something the user knows (the knowledge factors) – username, password, PIN.

Something the user have (the possession factors) – credit & a debit card, mobile device, a token.

Something the user is (the inherence factors) – biometric characteristics of the user such as iris, retina, face scan, voice recognition, fingerprint.

What are the major benefits of enabling Two Factor Authentication?

Protection against social engineering phishing attacks.

Ensures no more hacking incidents on the valuable online accounts and data of the authentic end users.

Increased flexibility and productivity as Two Factor Authentication method allows different users to securely log in or gain access into a shared system or database.

Reduced probability of an intruder or hacker gaining access to your online account, resulting in no or minimal security breaches. This is achieved through a unique verification code used in the login procedure to ensure a strong second line of defence.

Hope, after going the above-listed benefits of Two Factor Authentication security method, you might have understood its importance. So, enable it today and secure your online accounts from different types of cyberattacks.