Account Security

Industry Perspective Two-factor authentication (2FA) has emerged as a critical cybersecurity measure, significantly enhancing account security by introducing an additional layer of protection. It requires users to provide two distinct proofs of identity, typically a password and an OTP (one-time password) sent to a mobile device. This approach effectively mitigates the risk of unauthorized account access, even if one factor is compromised. Strategic Implications The implementation of 2FA is not only beneficial from a security standpoint but also has strategic implications for organizations....