Social engineering is a common way for cybercriminals to build a foothold. Know how the OTP SMS service in Kolkata can help you safeguard business transactions.
The rising examples of social hacking demonstrate the inefficiency of user-generated passwords. Especially the ones that are made to protect sensitive consumer data as well as business transactions. Additionally, these attacks often make brands incur reputation and financial losses. Hence, all you need to do is consider the use of the OTP SMS service.
5 Ways OTP Services Help Your Business To Keep Secure Transactions
- Avoid Shortcomings of Static Pins And Passwords
A lot of consumers continue performing financial transactions. Further, they also share sensitive information using PINS or static passwords. However, they often keep sensitive information vulnerable to target security attacks. They use the same password for multiple logins or transactions. On the other hand, the OTP service can help your clients use dynamic passwords and use two-factor authentication.
- Avoid Password Security Breaches
User-generated passwords are easy-to-guess in nature which makes them easier got cybercriminals to execute security breaches. These may include instances of password sniffing, dictionary attacks as well as brute force attacks. Further, the OTP services make it challenging for such criminals to guess pins and passwords with the use of mathematical algorithms. These algorithms are temporary passwords containing alphanumeric or numeric characters.
- Passwords Are Valid Only For A Few Minutes
Certain employees affect the safety of business transactions as well as customer data adversely. They do this by using the same pin or password for multiple transactions. Conversely, an OTP is valid only for a particular transition or login session. Moreover, it expires right after a short time whether the customer has used it or not. The customer has to request a new OTP after the old one expires.
- Send Important Information Timely And Safely
There are a lot of communication channels through which your brand can send OTP to customers. However, it still chooses an email and mobile number to do so. Why? Because it strengthens the security of the registration procedure. Moreover, these codes are sent in a time gap lesser than 10 seconds.
- Authenticate Various Business Transactions
OTP services are slowly replacing static as well as dynamic passwords. Both B2B and B2C companies are optimizing this service for safeguarding lots of transactions. This may include eCommerce purchases, account reactivation, digital payment and password resets. OTPs enhance consumer data security and also reduces the chances of data breaches.
Conclusion
Do you want to get quality OTP SMS service in Ranchi? Then, you are at the right place. Web2SMS is the name that comes to mind when you want top-notch OTP services. Call them today and get transactional SMS in Kolkata services.