Two Factor Authentications (2FA)

Recently, Reserve Bank of India (RBI) released new guidelines on authentication for digital payment transaction. The framework mandates Two Factor Authentication for all digital payments, though no specific method is enforced.

  • Two-factor authentication (2FA) is a security process that increases the likelihood that a person is who they say they are.
  • The process requests users to provide two different authentication factors before they are able to access an application or system, rather than simply their username and password.
  • 2FA is a vital security tool for organizations to protect their data and users in the face of a cybersecurity landscape ....
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