Below is a list of the top five industries where 2FA is a crucial information security strategy: 2FA technology is often championed by an organization’s security team, Chief Information Security Officer, or information technology team, but it affects departments throughout the business. Two factor authentication is used across many industries that require user authentication and device trust, beyond usernames and passwords. Since every access attempt is confirmed with a mobile device, there are no SMS codes to enter or QR codes to save.
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The ease of use allows teams to onboard the software and train teams on how to use it efficiently. Scalable. Push-based 2FA can easily be scaled for organizations needing to secure multiple users. If the information sent through the push notification is correct, the user simply accepts the login attempt through their mobile device and is able to access their account. The user simply confirms that the information is correct and uses their phone to accept the authentication request.Įase of use. Once set up, push-based 2FA streamlines the authentication process. The notification includes information about the login attempt, such as location, time, IP address, and more.
When they attempt to access their information, a push notification is sent to the user’s phone. Phishing security. Other types of two factor authentication are susceptible to phishing attacks, but push-based 2FA combats that vulnerability by replacing access codes with push notifications. HOTP tokens expire once they are used while TOTP tokens expire if not used within thirty seconds. Both authentication methods generate temporary passwords from a physical device carried by the user.
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Two other possession factors of authentication are HMAC-based One-Time Password (HOTP) and Time-based One-time Password (TOTP). These tokens generate a rotating passcode that users must physically carry on their person.ĭuo Mobile combines the knowledge factor and possession factor of authentication to create the world’s most trusted 2FA platform. Tokens are a commonly used possession factor of authentication. Possession factors verify the identity of a user by requiring proof of information that only the user should possess. A user’s password should be private only to them, allowing them to use it as a method to confirm their identity. The most common example of a knowledge factor of authentication is a password. Even with advanced security systems, it may only take compromising one user’s account to lead to disastrous results for an individual and an organization.The knowledge factor verifies identity by requesting information only an individual user would know. Information such as Social Security numbers, retirement account details, pay statements, and direct deposit information are all extremely valuable to bad actors wishing to steal sensitive information. Students, faculty, and staff can also become individual targets. While NYU has not had a reported case to date, we are taking sensible precautions to reduce our exposure to cyber threats. Recently, cybercriminals have found a way to hack the MFA Phone Call option to gain access to NYU accounts and data.
In addition to extorting funds from universities, hackers also steal intellectual property and research data that can be sold to foreign governments.
Higher education institutions have increasingly become the main target for ransomware threats.
NYU is serious about protecting your privacy and personal data.
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