The Importance of Two-Factor Authentication for Cybersecurity

Two-Factor Authentication (2FA) adds a layer of protection to your online accounts – making it extra challenging for hackers to gain access to sensitive information. In today's digital world, 2FA is so common that you've likely used it without even realizing. Keep reading as we break down the importance of two-factor authentication for your cybersecurity!

Why Is Two-Factor Authentication Important?

When it comes to keeping your online presence secure, two-factor authentication works together with your password by requiring two separate ways to verify your identity. A password alone is no longer the strongest line of defense for your accounts. As hackers become more sophisticated, so must technology.

If your password has been compromised, 2FA steps in to block unauthorized access. Whether it’s an attempt by a hacker or maybe just your kiddo playing on your phone – 2FA helps ensure that it’s you, and only you, gaining access to your accounts.

Why Should You Use Two-Factor Authentication?

Why settle for ordinary security when one extra step can help keep your personal information secure? Don't take the risk - here are some reasons why you should embrace the advantages of 2FA:

• Improved security
• Lessen the risk information theft
• Increased peace of mind
• Less “damage control” down the line

How Does Two-Factor Authentication Work?

In an ever-evolving digital landscape, relying solely on passwords is like leaving your front door unlocked. Embracing two-factor authentication unleashes the power of dual-layer protection to keep the forces of cyber threats at bay! While methods may differ in their specific processes, they ultimately aim to achieve the following objectives:

1. A user enters their username and password on the website
2. The site verifies the password is correct
3. The site sends a unique code via email, phone call or text
4. The user approves the login

At MidWestOne Bank, we aim to take care of our customers and those who should be! Our goal is to ensure that you, your accounts, and your sensitive information are all protected. We recommend using two-factor authentication to add an extra layer of protection to your accounts. If you have any inquiries regarding safeguarding your account or concerns about cyber fraud related to bank accounts, we have dedicated resources available to assist you!