What is Two Factor Authentication?

• Two Factor Authentication, also called multiple-factor or multiple-step verification, is an authentication mechanism to double check that your identity is legitimate.

Why it's needed?

• Passwords on their own aren't as infallible as we need them to be. Cyber attackers have the power to test billions of passwords combinations in a second.
• 65% of people use the same password everywhere. That's pretty much similar to having only one key for your house and your car.
• Its purpose is to make attackers' life harder and reduce fraud risks. If you already follow basic password security measures, Two Factor Authentication will make it more difficult for cyber criminals to breach your account.

How it works?

• When you want to Log In to your account, you are prompted to authenticate with a username and a password - that's the first verification layer.
• Two Factor Authentication works as an extra step in the process, a second security layer, that will reconfirm your identity.