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Effectiveness of Two Factor Authentication (2FA)

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2FA (two factor authentication) an effective security solution?

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Solution Summary

This response describes the use of 2FA and whether having two means of security is effective or not. It also looks at the new threats this can bring by attackers and what the user would need to be aware of.

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2FA or Two Factor Authentication is another layer of protection on top of your password. It helps prevent hackers from accessing your information.
The type of applications this system is used on are those of high-value and hence could attract more hackers for that reason alone. The two-factor authentication does help improve security. This method also will drastically reduce online identity theft and fraud because passwords alone will not be enough.
Most 2FA technologies do not provide the full information and data for the user to ...

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