Online security is an important parameter that needs proper measures of implementation on a website for safe transactions. To gain customer’s trust it becomes crucial to protect their information behind your ecommerce website security barriers. Without implementing the right security measures, your customers’ accounts could be easily compromised. As a result, sensitive information on a credit card, contact, and other information could be in the hands of cybercriminals.
While many business enterprises aren’t quite comfortable with the concept of removing passwords completely, there are additional steps they can use to ensure that cybercriminals can’t access customers’ private details. The best approach to security is the implementation of Two-factor authentication. It is a perfect technique used by B2B ecommerce solutions to enhance its online selling portal security. In this blog, we’ll cover all important questions in-depth related to two-factor authentication.
1. What is two-factor authentication?
Two-factor authentication is an additional step in the login process requiring the user to present a piece of information that only the user should have. This information can be anything from a one-time passcode to a physical token acting as a second confirmation to verify users. Essentially, the right form of two-factor authentication needs:
• A password and username
• A passcode sent to their mobile phone, or email
In the standard login approach, a user access account by entering a username and password without any additional step. But two-factor authentication needs the user to complete the second confirmation step.
2. How does two-factor authentication work?
Depending on your Ecommerce website’s needs, you can select whether you want to implement two-factor authentication as a required step for every login or just for those flagged by your system. Many ecommerce websites consult magento development company to implement the two-factor step if the user is logging on from an unrecognized device. Once two-factor authentication is implemented, here’s how the whole process would look:
• You land on the login screen of the website and enter your username and password to access the account.
• If two-factor authentication is enabled, the system will inform if you need to complete the additional verification step.
• A code will be sent to the phone number or E-mail account. During this time, a second screen will be prompt to enter the code.
• Once the passcode is entered, the system will verify whether the code is the same as the one that was sent to you.
• If there’s a match, account access will be granted.
3. Why should websites use two-factor authentication?
1. Add extra security layer
Password breach has become quite common these days, and with more and more accounts becoming compromised, having only a password is not feasible. Even if strong passwords are used, the accounts could still be easily cracked using brute-force attacks. In addition, most users don’t create strong passwords. The most account can be accessed using a password from a list of 10,000 most commonly used ones. A password can be used with two-factor authentication as an additional security measure. No hacker can access your account because magento design services has implemented the second verification step to enter your account.
2. Strengthens internal accounts
Apart from the users’ experience, the two-factor authentication can be implemented internally as well. Once an employee logs into their email account, they are asked to complete an additional verification step. Even if your organization is proficient to create and manage passwords, there is no assurance that all your employees will follow the rules. Two-factor authentication fix cracks which can be breached despite employee’s account strong password.
4. What types of two-factor authentication can websites implement?
Organizations have multiple two-factor authentication options to choose from. Selecting the best fit will depend on your organization’s needs.
Let’s dive deeper into different types of two-factor verification:
Completing a two-factor authentication through email account is the most universal way because people access their email on a daily basis.
The idea is fairly simple:
• Once users enter their usernames and passwords, email is sent to them.
• In general, the email will contain a code that the user needs to enter to access their account.
We’ve discussed a lot about the SMS two-factor authentication because it is the most widely used type. Sending a code through text message is a perfect way to ensure that the person planning access to the account is an authorized user as the hacker has no access to your phone.
Second, it creates an extra step in the process. When compared to the E-mail process that can be completed in two steps, SMS has to wait for the code to be sent to the phone and entering the code on the login screen.
Several social media and financial platforms have started adopting multi-factor authentication. Ecommerce brands are also consulting Magento 2 Development Company to make the switch to Two-Factor Authentication. It is a perfect way to protect customers’ data; it also creates an extra barrier. By making the sign-in more complicated, you could end up harming your conversion rate.
But while Two-Factor Authentication isn’t necessarily important for the front-end of your site, it’s an important thing for internal usage. If several employees across different locations have access to your ecommerce platform, it’s important to have a robust authentication process for the company’s data safe.
However, enabling 2FA for the internal systems can cause some hassles, so it’s important to hire Magento 2 developers from the right development agency. For example, if your two-factor authentication requires an automated phone call with a verification code and your whole team is using one account, consider creating a dedicated communications channel for code sharing.