1st factor - The knowledge factor
This factor should already be built into a login process and enables your customers to access their accounts. Normally the user data, consisting of user name and password, are requested here. Another possibility is, for example, to set personal security questions (e.g. „What is the name of the street you lived on first?“) That only the user can answer correctly.
2st factor -The ownership factor
The simplest form of this factor is the key to a lock, which you must physically own in order to open it. In our example, the customer’s smartphone replaces this key – but retains the essential property that it is in the customer’s possession and, ideally, is protected against access by third parties even with additional security measures. With our solution, you can add this ownership factor to your login.