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Second Factor

Second Factor Security Solutions for Mobile IDTwo-factor authentication, or 2FA, refers to the use of more than one mechanism for authentication. Traditionally, most authentication systems have relied on just one factor: a username and password combination. Adding a second factor can dramatically increase the security of an authentication system.

Security experts generally recommend the use of a combination of different kinds of authentication factors. A password is ‘something you know’, and can be combined effectively with ‘something you have’, such as a 2FA security key that can be plugged into a laptop. For the online service requesting authentication, the correct password confirms that the end user knows what they are supposed to know, while a click of the security key confirms that they have the one piece of hardware they are supposed to have.

Biometrics can also be a second factor, in the form of ‘something you are’. And they don’t necessarily need to be combined with a password. New solutions are emerging such as biometric security keys that feature an embedded fingerprint reader. Such a device doesn’t require passwords at all, instead combining ‘something you have’ with ‘something you are’. This allows for a far higher level of security than basic password-based authentication could ever have offered.

2FA has long been a popular authentication framework among security experts, and in recent years the concept has benefited considerably from the FIDO Alliance, a cross-industry consortium that has established strong standards for authentication and advocated for the use of effective, post-password security.

 

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Read on to meet the leading providers of Second Factor solutions.

Iris ID Systems Inc., formerly a division of LG Electronics USA known as LG IRIS, has been active in iris recognition research, development and production since 1997. Today U.S.-based Iris ID Systems is a global player in the iris recognition business. IrisAccess™ is the world’s leading deployed iris recognition platform, used in thousands of locations authenticating the identities of millions of people. More people look to IrisAccess for iris-based authentication than to all other iris recognition products combined. To find out more, visit www.irisid.com or www.lgiris.com

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FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/
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