Explain how two-factor authentication increases security
What will be an ideal response?
Two-factor authentication increases security by validating users by a multistep process. To be authenticated, a user must provide two means of identification, one of which is typically a physical token, such as a smartcard or chip-enabled bank card, and the other of which is typically data, such as a password or PIN (personal identification number). Biometric data, such as fingerprints, iris prints, or voice prints, can also be used as one of the authenticating mechanisms. A common example of two-factor authentication is a bank card; the card itself is the physical item, and the PIN is the data that go with it.
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If a company were to have only insider directors and related outsider directors, which would leave out the independence of outsider directors, what could the consequences be?
a. A more streamlined decision-making process from insider directors who know the company and industry intimately. This, in turn, will prove to be an ideal situation for stockholders b. A larger focus on stockholders, as insider directors and executives focus on only stockholders' interests c. Stockholders' interests could be ignored due to executives' desire for personal financial gain without regard for all shareholders d. Increase of profits from not having to pay an outsider director's salary
"Truth in lending" was mandated under the Consumer Protection Act of 1969 and requires all lenders to reveal the annual percentage rate, or APR, on loans
Indicate whether the statement is true or false