Two-Factor Authentication (2FA) is a security process where users provide two different authentication factors to verify themselves. As of recent years, most 2FAs now take form of authentication apps like Google Authenticator or Authy instead of more traditional SMS/Email codes that are easier for cybercriminals to steal.
Key Terms:
- Authentication Factor: The credential used for verification, like password or fingerprint.
- One-Time Password (OTP): A unique code generated and sent to the user during the login process. The code can be sent via SMS, Email or a designated authenticator app.
Benefits:
- Enhanced Security: Adds an extra layer of protection against unauthorized access.
- Identity Protection: Reduces risk of identity theft by making it harder for attackers to gain access.
Drawbacks:
- Inconvenience: An extra 2FA step can be seen as hassle by some users.
- Dependence on Devices: If user loses their 2FA device/method, they could be locked out from their account.
At GoLogin, we recommend to use 2FA authentication for all of your business accounts at all times. Good passwords together with modern 2FA apps leave almost no chance for cybercriminals to gain access to your data. Stay safe! 🔅