“ The future of payment security will be driven by the global adoption of network tokenisation and robust end-to-end encryption methods ”
JON HORDDAL GROUP CHIEF PRODUCT OFFICER , EMERCHANTPAY information can be accessible to fraudsters and bad actors trying to gain unauthorised access . There needs to be a shift toward more advanced and secure authentication methods , such as MFA ,” comments Horddal .
“ By requiring multiple factors for authentication , MFA makes it significantly more challenging for cyber criminals to gain unauthorised access to accounts .”
When we look to the future , although MFA cannot guarantee entirely foolproof security or prevent all cyberattacks from happening , it will add additional layers of authentication to protect systems and combat many types of attacks .
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