Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
A Guide to Multi Factor Authentication
1. A BASIC GUIDE
TO MFA
Protect your consumer data with MFA
SMS Token Authentication
Email Token Authentication
Hardware Token Authentication
Software Token Authentication
Phone Authentication
Biometric verification
Risk-Based Authentication
Time-based Passcode Authentication
TYPES OF MFA
Better security: Additional protection for
consumers and employees in multiple
security layers.
Boosted conversion: productivity high,
leading to increased conversions.
Improved customer trust: Due to extra
security checks, consumers and employees
are rest assured about the data.
BENEFITS OF MFA
Multi-factor authentication (or MFA) is a
multi-layered security system that verifies
the identity of users for login or other
transactions. By leveraging multiple
authentication layers, even if one element
is damaged or disabled, the user account
will remain secure.
WHAT IS MULTI-
FACTOR
AUTHENTICATION?
MFA works by requiring additional details
about verification (factors). One-time
passwords are one of the most common
MFA variables that users encounter (OTP).
The 4-8 digit codes you often receive via
email, SMS or some kind of mobile app are
OTPs. With OTPs, a new code is created
periodically or every time a request for
authentication is sent..
HOW MFA WORKS
www.loginradius.com
ENABLE LOGINRADIUS MULTI-FACTOR
AUTHENTICATION AS MANDATORY OR
OPTIONAL FOR YOUR CUSTOMERS.