Authentication methods that depend on more than one factor are more difficult to compromise than single-factor methods. Accordingly, properly designed and implemented multifactor authentication methods are more reliable and stronger fraud deterrents than outdated single-factor username/password authentication.
Multi-factor authentication provides a constructive element of layered security by requiring users to prove their identities using two or more verification methods before they can be authenticated. In this way, if one factor is compromised or broken, the attacker still has at least one more barrier to breach before breaking into the target.
More security, fewer hoops
VASCO’s multi-factor authentication solutions have been designed from the ground up to safeguard accounts and transactions by offering two or three factors of security, while meeting user demand for a simple sign-in process. VASCO has invested considerable time and resources to create easy-to-use, scalable, and reliable solutions that deliver strong authentication using a range of easy verification options — such as color QR codes and Bluetooth.
Accomodates future threats
VASCO’s multi-factor authentication solutions are particularly well-suited to prevent account takeover, e-signing, and transaction fraud — growing online threats where fraudsters exploit a victim’s personal information to take control of an existing account or establish a new account, and then use that account to conduct unauthorized transactions. Multi-factor authentication solutions defend consumers and merchants from fraudulent uses of online accounts by identifying high-risk users at account creation and login, and monitoring for suspicious account changes.