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The Importance (and Limitations) of Two-Factor Authentication (2FA)
The traditional approach of relying solely on passwords has proven to have limitations and risks. Ensuring the security of your online accounts has become more crucial than ever. Passwords can easily be compromised through various means such as phishing attacks, data breaches, or even simple guesswork. Additionally, many people tend to reuse passwords or choose weak ones, leaving their accounts vulnerable to unauthorized access. This is where Two-Factor Authentication (2FA) comes into play (or not? 🤔 ).
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Flash Development Update [2023/27]
⚡ Friday! Week after week, crypto and web3 continue to gain traction and the demand for secure digital asset management solutions grows. The affirmation from a prominent figure like Larry Fink, the CEO of BlackRock, earlier this week further solidifies the notion that cryptocurrencies are here to stay. The need for robust, user-centric solutions like SafeSwap, SafeKey and Inheriti® becomes increasingly evident and we remain committed to empowering the people with these innovative solutions. In line with this pursuit, we are happy to update you with this week’s progress on various key projects. Let's dive right in!
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SafeKey FIDO 2 now available, the secure key for your digital life.
Our digital identity is more important today than ever before, especially within the growing crypto-sphere. Correct representation on social media and in public is essential for both individuals and businesses. Moreover we can hardly forego important online services such as banking and finances. Stolen accounts and wallets can have disastrous consequences for those affected. At the same time, successful attacks on online services and accounts are repeatedly being made public. Perpetrators also use captured usernames and passwords in order to log in with those credentials to other online services, which is why most large online services now support two-factor authentication.
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Safe Haven Launches SafeKey – Hardware for 2FA and Crypto Inheritance
Safe Haven introduces SafeKey, a hardware that will perform crypto-encryption and enable passwordless authentication.
Source: Altcoin Buzz Read post