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multifactor authentication

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multifactor authentication
Using two or more forms of identification to authenticate a user. Single factor authentication, which is commonly used, employs a unique username and password combination. For more security, multifactor authentication adds at least one more form, such as a physical token or biometrics. See authentication token and biometrics.


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For members' protection, the Mobile Branch requires user verification with multifactor authentication and utilizes 128-bit SSL encryption for all data.
I'd prefer to see multifactor authentication utilized in call centers, like it has been in online systems.
The consultant believes that these nonbank online personal finance sites will likely become the next target of phishers and other fraudsters looking to gain easy access to consumer banking data to commit bank fraud--particularly given that most bank sites have already moved to multifactor authentication and aggressive consumer education concerning security.
 
 
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