Two-factor authentication

Term · Insurance and risk management · MLC-T-INS-003390

A security process that requires users to provide two different authentication factors to verify their identity. This method adds an extra layer of security beyond a single password, typically combining something the user knows (like a password) with something the user has (like a phone or hardware token) or something the user is (like a fingerprint). It significantly reduces the risk of unauthorized access even if one factor is compromised.

Table 1. Record
Identifier	MLC-T-INS-003390
Field	Insurance and risk management
Subject	Cyber and Privacy Liability

Record as JSON

{
  "id": "MLC-T-INS-003390",
  "term": "Two-factor authentication",
  "field": "Insurance and risk management",
  "definition": "A security process that requires users to provide two different authentication factors to verify their identity. This method adds an extra layer of security beyond a single password, typically combining something the user knows (like a password) with something the user has (like a phone or hardware token) or something the user is (like a fingerprint). It significantly reduces the risk of unauthorized access even if one factor is compromised.",
  "subject": "Cyber and Privacy Liability",
  "url": "https://mlchart.com/terminology/insurance/two-factor-authentication/"
}

Record 3,484 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.