What is Multifactor Authentication?
Multifactor authentication (MFA) is a security system in which more than one form of authentication is implemented to verify the legitimacy of a transaction. In contrast, single factor authentication involves only a user ID and password. You will be asked to choose three questions of which only you know the answers. These questions need to be answered in order to obtain access to your account, especially if you are on a different computer.
The Multifactor Authentication Solution provides you added safety by helping ensure that only you can access your bank account. Your secret picture and caption is a shared secret between you and the bank. When you see your secret image and caption you can be confident that you are at the legitimate bank web site, not an imposter site. Make sure you see your secret image and caption before you enter your password! Authentication Image: Time flies Password: In addition, the Multifactor Authentication solution remembers which computer(s) you normally use, preventing potential fraudsters from logging into your account even if they somehow get or guess your username and password.
