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Can the use of digital certificates (with passwords), be considered as second factor authentication?

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Can the use of digital certificates (with passwords), be considered as second factor authentication?

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There’s much confusion when it comes to the use of digital certificates as a second factor of authentication. While digital certificates issued by certification authorities are used by businesses to establish their credentials for Web transactions, it’s still a matter of debate as to whether these can be treated as a second factor authentication method. This article takes a look at whether digital certificates can be treated as second factor of authentication.

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