While big data makes companies more vulnerable to security threats, many complicated solutions have been taken into use to reduce the likelihood of abusing identity and confidential data.
Multi-factor authentication (MFA)
The usage of smart phones is growing and users have started to adapt more security measures to protect their information. So there are three possible factors that help to protect confidential information:
- knowledge factors, such as passwords
- possession factors, such as mobile phones
- inherence factors, such as biometrics
Knowledge factor passwords have a higher chance of violation due to its nature of staying static. But changing this password every now and then raises the likeability of forgetting it. Inherence factor protection needs hardware to read a fingerprint or eye iris, which is simply impractical solution in most cases. That is why possession factors come in handy.
SMS password method helps to add an extensive amount of security by sending out a random, one-time password (OTP) over SMS. The exclusivity behind is that SMS is reachable only to the owner of the phone while the password is useless after first time usage, or it will expire after a certain time. This makes OTP as one of the simpliest yet safest security solutions.
World biggest brands such as Google, Facebook, Snapchat use 2-step authentication in addition to its basic password request. In Messente we have exclusively concentrated on delivering business and time critical SMS message to many financial services and web applications. It sure is one of the most effective and safest ways to cut down chances of information violation.
In case you want to learn more about security capabilities of SMS, simply drop us a line at email@example.com.