Multi-Factor Authentication or MFA is a process of determining whether a user is authorized to access a service, website, or an application. A simple username and password are now no longer considered to be effective by security experts. MFA utilizes secure credentials to greatly reduce the likelihood of a malicious attack or identity fraud.

Mi-Token, with a one-time password (OTP) greatly improves the security associated with your login credentials, as it is valid for only one login session or transaction.

By default, you can add a PIN to the OTP, making your solution fully compliant with many industry standards for MFA, including those required by the Payment Card Industry Standards Council (PCI DSS 3.2)

“A password alone should not be enough to verify the administrator’s identity and grant access to sensitive information,” said PCI Security Standards Council CTO Troy Leach. “We’ve seen an increase in attacks that circumvent a single point of failure, allowing criminals to access systems undetected and to compromise card data.”