Authentication: The Text Factor
“Simplicity is the ultimate sophistication,” said Leonardo da Vinci. It’s an expression that applies very well to security, because as products have become increasingly complex, vulnerabilities have multiplied, resulting in security systems that are relied on by tens of thousands of organizations being compromised.
This is why multi-factor authentication is at a crossroads in its evolution. Attacks on several pre-issued key systems, with the 2011 attack on the seed file source code of the market-leading token solution being the most exposed, has highlighted the problem for both traditional hardware tokens but also more popular software tokens.