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In a world where everything from bank accounts to social media is at our fingertips, identity authentication is the most important tool for security and privacy. Nowadays, the old-traditional, complicated and hackable password method is slowly being replaced by various Multi Factor Authentication (MFA) methods available in the market.
And yet, billions of identities are still being hacked repeatedly, causing damages to users and organizations by destroying systems, ransom demands and data thefts.
There are two main reasons for that:
1. The transition from the old password method to the MFA method takes time, reorganization and regulation modifications, causing the unending use of the unsecured password method.
2. The Types of MFA available in the market are Incomplete and therefore sufficiently unsecured.