Unlocking the Mobile Security Potential: The Key to Effective Two-Factor Authentication

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Unlocking the Mobile Security Potential: The Key to Effective Two-Factor Authentication Mobile authentication components such as One-Time Passwords (OTPs) or Mobile Transaction Authentication Numbers (mTANs) in transaction processes are considered effective in preventing fraud and proving identity. This white paper outlines the results of a study, compiled from four global regions, about the current usage of mobile authentication.  Key takeaways of this study include: Most of the organizations use SMS-based two-factor or two-step authentication On occasion, SMS-based One-Time Passwords (OTPs) are not delivered correctly For security purposes, location and validation of the number in real-time is considered valuable Ease of use is the major benefit of SMS-based two-factor authentication

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