How to Avoid Identity Theft with SMS Verification
How to Avoid Identity Theft with SMS Verification
One of the biggest fears that consumers
have today is the theft of their personal data. This fear is valid as over 40%
of online users have had their passwords compromised one time or another. The
unfortunate reality is that businesses are also at risk of digital crime and
loss of data that could lead to a massive financial and reputational damage. As
a business or brand, it is therefore critical to pay attention to having SMSverification on your systems. A simple but effective layer of security that you
can use to keep your private data secure is using SMS OTP and 2FA.
Website Security with OTP
One-Time Password (OTP) is a technological
process that allows a single-use access code to be generated and sent via SMS
to a user’s registered mobile number before a website can be accessed. Another
name for OTP is two-factor authentication. Most important websites like Google
Mail, Stock trading websites, online banking portals and gaming websites also
use SMS verification to ensure that the actual user is the one logging into the
website and also preventing identity theft.
Using SMS verification via OTP helps to
ensure that a website has higher security in place which helps to improve the
trust of users in feeling safe. OTPs also removes the risk of password phishing
and keyboard logging scams because even if your password to a website is
compromised, you will still need to enter the single-use, short term to confirm
the login attempt.
Benefits of SMS verification
Authenticating login attempts using SMSverification codes is now becoming a common alternative to password protection.
Here are some reasons why businesses are now dependent on SMS verification for
their security.
1.
You
already have a mobile number
SMS verification is easy to implement
because everyone already has a mobile number that they can use. This makes it
ubiquitous to put in place without any additional hardware requirements.
2.
Stronger protection
Two-factor authentication is an extreme
security measure that can reduce the risk of cybertheft. It also helps you to
restrict unauthorized access to your account. Even if your password gets
hacked, you will get a mobile phone notification that tells you someone is
trying to get into your account. The chances your sim card and your password
being hacked at the same time are minimal which means better security for you.
3.
Low cost
There is virtually no extra spending involved
in getting 2FA enabled. Many online services can provide this service for next
to no cost. All you need to do is activate it. Google, for example, offers this
for free.
4.
Easy
implementation
The settings are there and most times, all
you need is a security plugin to help you to provide 2FA. You can also find an
SMS provider that can help you integrate this function into your business and
service.
You can contact us at BulkSMSOnline.com for
an SMS provider that can help you provide cheap and efficient SMS services to
you and your business. Let us help you protect and elevate your business today.
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