What are best practices for secure user authentication in online banking?

Asked Apr 3, 2013· 1 answer

Faisal KhanAnswered Apr 3, 2013

Worldwide trend is now to use two factor authentication using the mobile phone. The mobile phone is registered and a confirmation code is sent for each login and for each transaction. Even if the login credentials are compromised, the mobile phone code prevents transactions from occurring or gaining login access.

Authentication Multi-Factor Authentication (MFA)Cybersecurity Data Security

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