Why All Businesses Must Adopt Two-Factor Authentication
4.1 billion records were exposed within the first six months of 2019 due to data breaches, states a report by Forbes. With cyber-crimes consistently on the rise, businesses need to take proactive measures to protect sensitive data and establish customer trust. This paper introduces readers to Two-factor authentication (2FA), a safe, secure, and user-friendly system to verify customers’ identities before granting them access. It imparts an understanding of the various ways small, medium and large businesses can implement 2FA depending on their industry and user base.