Is tokenless 2-factor authentication necessary for businesses?
The rapid advancement of Internet technology has seen more and more people access the Internet. The World Wide Web is no longer the domain of young people and commercial establishments. Nowadays, a lot of older people are part of social media websites like Facebook, Twitter, etc. They also contribute significantly to the activities of the online community. However, the Internet is not restricted to adults only. In fact, studies have shown that nearly half of children under the age of twelve use social networking sites like Facebook. What this shows is that the reach of the Internet has spread far and wide. As the user base expands, so do online security concerns. One way to minimize concerns is through multiple factors.
Need for 2-factor authentication
The security of users’ personal information is very important. Realizing this, most internet and social media websites use powerful passwords. This is done through a combination of a static password and a login. Although this is considered safe, rapid changes in technology and the growth of the hacking community have brought new security challenges for online businesses. This is where tokenless authentication comes in. It not only protects the interests of users, but also improves the online security of your business.
Role in IT security
Today, the IT industry is witnessing security threats more frequently. This is precisely why tokenless 2-factor authentication has a very important role to play when it comes to IT security. Customers, employees, shareholders, and others look to it to protect confidential data stored on their servers. Even industry regulations like HIPAA, PCI DSS, Sarbanes-Oxley, etc. they have a need for this type of online security. There are some authentication systems that have proven to be cumbersome and inconvenient for users. However, tokenless two-factor authentication makes it easy and convenient for businesses to provide foolproof online security solutions at affordable costs.
How does it work?
Well, it is comparatively inexpensive and quite easy to incorporate into any internet login session. It is an effective process that relies on two or more factors to authenticate a person’s identity online. The first factor refers to something that the user knows, while the second factor refers to what you have while the third factor refers to something that you are. A combination of all these factors can lead to a very profitable form of tokenless 2-factor authentication.
