As time goes by, the importance of online security becomes a vital thing for a bigger number of industries. Our gadgets bring convenience to our routines but make us more vulnerable to attackers. But we don’t have time for negative thinking, and we’re going to prove you that any business can fight malware threats.
As people store lots of private information on the web, the first thing worth discussion is customer authentication. How much do you really know about this popular means of protection? We’ve gathered some precious pieces of knowledge for you as well as the list of handy tools to use in practice.
No matter how long we have to go to the finish line, it’s always better to start with simple definitions.
Customer authentication is a process of user’s identity confirmation via passing his credentials to the machine. This good old method we all know and have learned to manage our numerous passwords and logins. But stealing a password is like a walk in the park for the attacker, and that’s where 2FA appears.
Strictly speaking, this protection method appeared quite some time ago – in February 2011, Google announced two-factor authentication (2FA) as a new security layer for its users. MSN and Yahoo went the same way very soon.
This term has lots of variations: “strong customer authentication”, “two-factor authentication”, or more generally “multi-factor authentication”. In any case, it means that the user should have something really personal to confirm his identity (for instance, a smartphone). Usually, technicians say that 2FA requires something you know (a password and a login) and something you have (a device).
Read also: The Top 5 IoT Security Challenges in 2018
Providing your app with a strong customer authentication, you protect users from social engineering attacks and secure weak credentials. So it’s no wonder that this method is used widely in the banking sphere (but not only there).
The costs of cyber attacks rise very fast with each year. For instance, only in the USA, the cybercrime cost reached the number of $ 21.22 million in 2017.
This is the reason why more companies prefer spending their money on solid security instruments, which eventually influence their reputation on the market. By the way, let’s see what your users might think about the cybersecurity issue.
This chart proves once again how the need for security is important no matter if it is your real or virtual life. You should agree that implementing two-factor authentication is one of the keys to the loyalty of your employees or final customers, so it would be a mistake not to use it.
The easiest and most popular way to use a 2FA is via a secret code which is sent to the mobile device. In the United States, this method has been on top since 2010 (even before Google officially announced its 2FA).
When creating an account with a 2FA access, you provide your phone number. So, there are basically three sections that a user should fill in:
The code you’re getting is always a unique combination of numbers, unlike your password. Nowadays, an SMS is sometimes replaced by the biometric data such as your face or fingerprint.
Two-factor authentication usually doesn’t take place every time you enter an app. Depending on the vulnerability of the data stored in the app, it may trust your device for 30 days or a year. Some services give users an opportunity to manage settings of a secret code: you can allow a service to trust your current device or not.
But at this point, you should know that your business has a lot more options than an access via SMS – choose what feels right for your goals.
If at this moment you’re not ready for sophisticated two-factor solutions, the best option for your business is to choose one-time passwords. They wouldn’t require dealing with biometrics but you still have a wide choice of tools.
The safest way to begin the 2FA experience is to use ready-made tools already existing on the market. We’re going to review three of them, but you can find a lot more variations on the market. Let’s see what set of features such tools usually have and how your enterprise can benefit with them.
Pricing: it depends on the goals of two-factor authentication. If you use it for employees, the price varies from a free model up to $6 per employee/month. If you have an app for a wide audience, you can also pick a free or a paid model – it is up to $3 per user/year.
What’s so special:
Pricing: the exact price should be confirmed with the sales department of the company.
What’s so special:
Pricing: depending on the model you choose, the price can be $1.40 per month for unlimited authentications or $1.40 per 10 authentications.
What’s so special:
New malware reports show the increasing number of threats both for enterprises and individual users. Technical geniuses haven’t invented an ultimate weapon to fight this problem, but what we know for sure is that mobile app protection is much cheaper than healing your business after an attack.
Where should you start? Choose a protection method and find a team with a trustworthy expertise. At TecSynt, we’re fond of a solid software security because this is the sturdiest brick in the app’s reputation.