Multi-factor Authentication (MFA) is an important security measure that helps protect your online accounts from unauthorized access. It is becoming increasingly important as the number of cyberattacks and data breaches are on the rise. MFA requires more than one factor to authenticate a user, such as a combination of something the user knows (knowledge based), something the user has (possession based) and something the user is (inherence based).
The goal of multifactor authentication is to make it more difficult for hackers to gain access to your accounts. By using a combination of different authentication factors, you can significantly reduce the chances of someone being able to gain access without your permission. This makes it an essential security measure for anyone who wants to keep their online accounts safe.
Knowledge Based
Knowledge-based multi-factor authentication is a type of this method which requires the user to provide knowledge-based information such as a PIN, password, or answer to a security question.
This type of authentication adds an extra layer of security by requiring users to provide something they know in addition to something they have (like a physical token). This helps protect against unauthorized access and reduces the chances of identity theft. By using knowledge-based multi-factor authentication, organizations can ensure that only authorized individuals are able to access their systems and data.
Possession Based
Possession-based authentication is one of the most commonly used methods of multi-factor authentication. It requires users to prove they possess something such as a smartphone, token, or physical key in order to gain access. Possession-based authentication has become increasingly popular due to its convenience and ability to prevent unauthorized access. By combining possession-based authentication with other methods like biometrics and knowledge-based authentication, organizations can ensure that only authorized individuals have access to sensitive information.
Inherence Based
Inherence-based authentication is one type of multi-factor authentication that uses biometric data to verify a user’s identity. This type of authentication is becoming more popular as it offers a higher level of security compared to other forms of authentication. It requires the user to provide something that only they possess, such as their fingerprint or iris scan, in order to gain access to their account. Inherence-based authentication also provides a faster and more convenient way for users to authenticate themselves compared to traditional methods such as passwords and PINs.