Two-Factor Authentication (2FA) Definition and Examples

Understanding Two-Factor Authentication (2FA) for e-Signing

Two-Factor Authentication (2FA) is a security process in which users provide two different authentication factors to verify their identity. This extra layer of security ensures that only authorized users can access sensitive data or perform critical tasks. When applied to e-Signing, 2FA enhances the security of document transactions, protecting against unauthorized access and ensuring that signatures are authentic.

How 2FA Works in e-Signing

  1. Something You Know: The first factor is typically a password or PIN. This is a traditional method of authentication where the user enters a secret information they know.

  2. Something You Have: The second factor could be a mobile phone, a hardware token, or an email account. For instance, after entering the password, a one-time code might be sent to the user's mobile device, which they then need to input.

Examples of 2FA in GoodSign

  • SMS Verification: After entering your GoodSign credentials, a one-time code is sent to your registered mobile number. This code must be entered to complete the login process.
  • Email Verification: An email containing a verification link or code is sent to your registered email address. Clicking on the link or entering the code finalizes your authentication.

Benefits of 2FA in e-Signing

  • Enhanced Security: By requiring two forms of authentication, the likelihood of unauthorized access is significantly reduced.
  • User Confidence: Parties involved in e-Signing can be more confident that their documents are secure and that signatures are authentic.
  • Compliance: Many industries require enhanced security protocols for electronic transactions. 2FA helps in meeting these regulatory requirements.

Why Choose GoodSign for Secure e-Signing

GoodSign ensures that every document you send is secure without the need for an expensive subscription. With a pay-per-use model and no extra costs for team members, you get all the features and integrations needed to start e-Signing confidently. Each envelope costs only $1.50 per send, making it an affordable yet robust solution for businesses of all sizes.

Embrace the future of secure document signing with GoodSign and experience the seamless integration of Two-Factor Authentication in your workflow.

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