What is MFA?

Abhijeet Modi/ July 13, 2021/ Blog

Businesses follow stricter safety solutions to make the user experience exceptional. Though many people feel irritated when asked various questions before giving them access to their respective accounts, all this is done for their safety only. These questions are nothing but authentication procedures. One of such authentication procedures is MFA or multi-factor authentication.

How to understand MFA?

MFA uses multiple authentication procedures that can be employed to grant users access to their accounts in applications, bank accounts, websites, etc. It is necessary to implement these authentication procedures to ensure that the account details do not land in unauthorized hands. Thus, businesses assert using these security features to make their services top-class in user experience while imparting them peace of mind.

Types of attacks MFA can prevent

MFA is part of the identity and access management protocol. It is a shield to prevent the user accounts from cyber-attacks of various types, such as:

  1. Phishing and spearfishing

  2. Brute force and reverse brute force attacks

  3. Brokers or ‘man-in-the-middle’ attacks

  4. Credential stuffing

  5. Key-logging

In what instances MFA proves useful?

There are classified documents to protect in vaults or e-vaults. Then, the users have bank accounts that need extra protection for obvious reasons. The MFA is also applicable to applications that may contain business-critical information. In essence, the MFA serves the purpose the best way for:

  1. Bank accounts

  2. Classified files

  3. Vaults

  4. Devices such as laptops used for work

  5. ATM withdrawal procedures

Benefits of using MFA

MFA offers an impregnable layer that helps extract the purpose of other security solutions like encryption, firewall, antivirus, and periodic vulnerability tests. It is a less complex solution that offers benefits like:

  1. Streamlined access: With MFA, it becomes easier to log in to accounts from any place of preference. The users working away from the premises are never off the grid, and they can start working from anywhere quickly, just like in a cubicle.

  2. Better safety: MFA makes the other security solutions quite robust and plugs all the loopholes that hackers can easily identify and act upon.

  3. IT security providers’ work a little less hectic: The IT security experts enjoy the cushion provided by the MFA. They can pass on better controls of the accounts to their users and get the time for doing other crucial activities.

  4. Easy and more confirmed identification: Businesses can ensure that only authorized users are accessing the services. The assurance that the premise is not misused by people other than customers helps create better value for the businesses. Also, it ensures that the users feel safe while using their accounts and may tend to repeat visits or deepen relationships on receiving the correct comfort level.

Think of MFA as your security partner that works the best for the businesses, end-users, and all enablers in between. The ease of use, lower complexity, and better performance make these identification tools perfect addition to modern and sophisticated solutions.

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