Two Factor Authentication

TWO FACTOR AUTHENTICATION

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Two Factor Authentication by Mind Map: Two Factor Authentication

1. Reduce fraud and build secure online relationships

2. SMS Verification

3. Types of 2FA

3.1. Authenticator Apps

3.2. Biometrics

3.2.1. Physical Authentication

4. Benefits

4.1. Stronger security

4.2. Increase productivity and flexibility

4.3. Lower help desk and security management costs

4.4. Fraud Prevention

4.5. Internal security and mobilization

4.6. Access monitoring

5. Disadvantages

5.1. Time consuming

5.2. Cost

5.3. Failure can be disruptive

6. Who uses it

6.1. Businesses

6.1.1. Tech and financial companies

7. Limitations

7.1. Hardware Tokens

7.1.1. availability issues,

7.1.2. Government/regulator interference

7.1.3. Low level of security

7.2. SMS-based tokens

7.3. Software based tokens

7.4. PKI-based solutions

7.5. Grid-based authentication