Is Tokenless 2 Factor Authentication Necessary for Business?

The rapid advancement of internet technology has witnessed more and more people gaining access to the internet. The World Wide Web is no longer the domain of young people and business establishments. Today, a large number of older people are part of social media websites like Facebook, Twitter, etc. They also contribute significantly to online community activities. However, the internet is not just restricted only to adults. In fact studies have shown that almost half of children below the age of twelve are using social media sites like Facebook. What this shows is that the reach of internet has spread far and wide. As the user base expends, so does the online security concerns. One way of minimizing the concerns is through multi factor.

Need for 2 Factor Authentication

It is very important to the personal information of users safe. Realizing this, most internet and social media websites use powerful passwords. This is done through a combination of a static and login password. Although this is considered as being safe, the rapid changes in technology and the growth of the hacking community has brought in new security challenges for online companies. This is where tokenless authentication comes into the picture. It not only protects the interests of the users but also enhances the online security of your business.

Role in IT Security

Today, the IT industry is witnessing security threats with increased frequency. This is strictly why Tokenless 2 factor authentication has a very significant role to play when it comes to IT security. Customers, employees, shareholders and others look up to you to protect sensitive data stored in your servers. Even industry regulations like HIPAA, PCI DSS, Sarbanes-Oxley, etc have a need for this kind of online security. There are some authentication systems that have proved to be cumbersome and inconvenient for users. However, tokenless two factor authentication makes it easy and convenient for companies to provide foolproof online security solutions at affordable costs.

How does it work?

Well, it is comparatively inexpensive and quite easy to incorporate in any internet login session. It is an effective process that is based on two or more factors to authenticate the identity of an individual online. The first factor explains to something that the user knows where the second factor explains to what you have while the third factor explains to something that you are. A combination of all these factors can lead to a very cost effective form of tokenless 2 factor authentication.

 
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