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Why does my financial institutions web site need Safe2Logins multi-factor authentication?

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Why does my financial institutions web site need Safe2Logins multi-factor authentication?

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According to the Federal Financial Institutions Examination Council (FFIEC), single-factor authentication (such as simple username and password) is no longer adequate to secure online information. Multi-factor authentication should be used to increase the level of security. Safe2Login employs mutual authentication and several layers of user authentication to prevent phishing sites from easily fooling internet users, as well as to prevent unauthorized account use.

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