Two-factor authentication is a new addition to the OTP SMS service in Kolkata that safeguards your private data from hacking. Read this blog and know more about it.
Short message service is the only form of text messaging that we use constantly even after evolving digitally. It is an ideal marketing tool for various brands. However, some hackers are always on the lookout for data that can be easily stolen. Make sure not to make your business suffer with two-factor authentication in your OTP SMS service.
The Concept Of SMS Authentication
SMS authentication is nothing but the option of verifying the identity of users which will help to reduce fraud. Since passwords are the least secure authentication method, someone can easily guess them and take advantage. SMS authentication is not the only method of authentication. However, it is a popular one when added with two-factor and multi-factor authentication.
While using this, you may have to create a one-time password with the algorithm. Additionally, one may also need a phone number associated with the consumer. This will automatically generate a sequence of characters which is valid for a single transaction. The user must copy this OTP to an authentication tab which further verifies the code. After verification, the user can access their account.
Thirdly, for high-value logins and transactions, you may need a third authentication factor. This will protect you from malicious IP addresses and access is granted only after the third authentication.
How Secure And User-Friendly Is SMS Authentication?
The best part about SMS authentication is that you can use the SMS codes only once. However, studies have shown that hackers can still breach a server that optimizes SMS authentication. For instance, some hackers were using a flaw in the account recovery process of Coinbase. On receiving the two-factor authentication token, they could easily break into 6,000 consumer accounts and transfer funds from them.
But the recent technologies in SMS authentication make it really difficult for hackers to steal information. For example, if it takes too long for the text to come, the OTP expires before use. So, if the user wants the authentication, he may have to ask for another OTP.
When deciding the right authentication method, enterprises must be able to balance security and convenience. This is particularly important for customers who wish to have a seamless and smooth experience. On the other hand, they also expect the business to keep their data and accounts safe.
Conclusion
Are you tired of finding a reliable OTP SMS service provider in India? Why settle for less when you have the best? Get in touch with Web2SMS today. By making your accounts secure, they help your enterprises to gather more clients. So, what is the wait for?