Two Factor Authentication systems have come under fire recently from hackers and researchers for a number of drawbacks and vulnerabilities:
- Man-in-the-middle attacks are being successfully used against Banks using 2FA
- Reports of more than 20% of Hardware tags are lost or broken
- Expensive - and cumbersome for consumers
- PIN codes can still be stolen by phishers, or Shoulder-surfers/cameras
- Resistant to Man-in-the-middle
- No additional Hardware
- Resistant to PIN theft
- Resistant to keyloggers/viruses/cameras/people watching the mobile or the PC
- Many times stronger than PIN
- Fraud Reactive
- Still protects several transactions even if your phone AND your PC are compromised (I haven't heard of many systems that can claim that)
- Simple and convenient, even 7 year old children can use it
We will post screenshots and a full description of the technology next month.










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