Two Factor Authentication With PaylessSMS
Before we see what is meant by 2FA, let us see the reasons behind implementing 2FA
Data breaches are not new but the magnanimity of the breaches is growing each year. In 2014 alone, more than 1 billion personal records were accessed illegally. (zdnet.com)The ‘Anthem’ data breach, the IRS data breach are the most recent data breaches that affected thousands of customers in the US. The Amazon password breach and the VTech breach in 2015, has enabled consumers and organizations to step up their authentication processes. (Amazon Forces Password Resets after Possible Security Breach) All these reasons and more necessitate the implementation of two factor authentication that might reduce data breaches related to weak passwords.Login
What is 2FA?
2FA is omnipresent in our digital lives without us knowing it. ‘Authentication’ in its simplest form is implemented by the traditional ‘username’ and ‘password’ combination. Most of us have been told repeatedly to keep passwords complicated enough so that it does not get hacked. But having a combination of having upper and lower case alphabets, numbers and symbols for different websites stumps us, more than the hackers! We ultimately forget the different usernames and passwords leaving us annoyed and frustrated. 2FA or ‘two factor authentication’ solves this problem by providing a second layer of security to authenticate the user. In addition to the username and password, we also add a second layer of security in the form of SMS passcodes or hardware tokens or push notifications according to each individual’s smart phone authentication app services.
2. HOW IS IT IMPLEMENTED?
- 2FA is implemented by
- “something you know” (the ‘username’ and password combination)
- “something you have” (a smartphone that receives SMS passcodes as an example) “Smartphones” fits the bill of “something that you have” since one possesses a smartphone all the time.
- This second layer of authentication is in tune with the ‘layered security’ approach adopted by security professionals to bolster a personal or professional environment. In a ‘layered security’ approach, even if the first layer of security is compromised, it assumes that the second layer will provide adequate defense, such the resources are not compromised in any way.
3. Types of 2FA authentication:
Hardware tokens”, “SMS notifications” , “Push notifications”, “Phone callbacks”, “Mobile passcodes” and “wearable devices” are a few of the different authentication types. Let us discuss a few of them: Hardware tokens: “Tokens” are generated on a device, which are then entered into the prompt. One of the disadvantages of this type of authentication is that the device that is used to generate the token must always be present with the user. If the token generating device is pressed multiple times, tokens can get out of sync with the one that is needed to login.Start
Why Do You Need Two Factor Authentication?
Two-factor authentication works as an extra step in the process, a second security layer, that will reconfirm your identity. Its purpose is to make attackers' life harder and reduce fraud risks
Imagine waking up on a splendid spring day, opening your laptop and realising that you can’t access your online accounts anymore. Your email has been breached, your website, your most precious work, is now gone, and your credit card was used for shady transactions.
Two-factor authentication, also called multiple-factor or multiple-step verification, is an authentication mechanism to double check that your identity is legitimate.
How SMS Authentication Works
Let’s say, one of your user has forgotten password and would like to reset them, then the user validates account credentials and then you as a enterprise owner will send an OTP via SMS. User gets a password on phone and enters that to validate further on your website. Thus, you are securing user’s account and user’s transactions.
- If you have in-house software developers, they can integrate this feature on your website or IVR system. Or you can hire software companies to do the same.
- Authenticating users using SMS has been the most secured platform for any business. If you are not using this feature, try and implement now.
There’s Power in Triggered Messages!