Benefits of Two-Factor Authentication (2FA) Setup
Enhanced Security
Singpass 2FA setup ensures a more robust security system by requiring a second form of verification, such as a code sent to a mobile device. This significantly reduces the risk of unauthorized access, even if a password is compromised.
Compliance and Risk Mitigation
For businesses utilizing Singpass applications or handling sensitive information, 2FA helps meet regulatory requirements while mitigating risks associated with data breaches. Leveraging Singpass integration ensures your system adheres to compliance standards and remains secure.
Improved Customer Trust
Implementing Singpass 2FA setup demonstrates a commitment to security, assuring customers their sensitive data is protected. This proactive approach, combined with Singpass OIDC capabilities, enhances your business reputation and fosters trust among users.
How Singpass 2FA protect business and customers
Reduced Impact of Phishing Attacks
2FA reduces the effectiveness of phishing attacks, where malicious actors attempt to trick individuals into revealing their credentials. In the case of a user falling victim to a phishing scheme, the additional verification step helps prevent unauthorised access.
Defence Against Password Reuse
Given the widespread issue of password reuse, 2FA has become essential for providing an additional layer of security. It prevents hackers from gaining unrestricted access without the second factor, even if a password is used across multiple sites,
Protection For Sensitive Online Portals
For businesses handling sensitive information through online portals, such as healthcare providers or educational institutions, 2FA offers an extra barrier to access. A second factor is still required to gain entry when a password is compromised.