Fraud & Risk
Making the Move to Dynamic Multifactor Authentication
Multi-factor authentication is a means of controlling access to a system or application by requiring that the user authenticate via more than one method (e.g., knowledge-based authentication questions or one-time passwords). This whitepaper provides an overview as to what multi-factor authentication is, then examines dynamic multi-factor authentication and its benefits over "traditional" multi-factor authentication. Five reasons to consider moving to dynamic multi-factor authentication are then presented, with a brief summary concluding the paper.