Token-based authentication is one of the best ways to keep your data digitally safe. Unlike the regular password system which is more vulnerable to cyber attacks, token authentication goes a step further to ensure the efforts of cybercriminals are less problematic.
Given the increase in cyber threats and attacks, it’s more than necessary right now for online businesses to have an improved cybersecurity system that keeps such attacks at bay, and in this piece, you’ll discover how token authentication keeps your data safe.
You’ll also discover the token cybersecurity best practices you could deploy to stay safe in cyberspace. The effects of cyber attacks can be quite destructive. So, it’s best you stick around to see how well you can keep your data digitally safe.
Why Is Token Authentication Important?
A cyber attack can cause damage worth billions of dollars and it can also have a devastating impact on organizations. This is why reputable organizations and businesses that handle sensitive information of customers spend top dollar to ensure they are digitally secure.
Here’s a list of reasons why this security system is quite essential.
Minimizes Cyber Attacks
It’s a fact- the regular password security system is flawed and can be easily hacked by cyber attackers. But with the token authentication system, it’s far more difficult for cybercriminals. It adds an extra security layer of tokens that make it quite difficult for someone to gain unauthorized access to a user’s account.
Token authentication also allows for one-time passwords (OTP) which make cyber attacks quite difficult to carry out.
Ensures Secure Online Transactions
Online transactions are prime targets for cyber attackers given the fact that they help them steal private financial information from people such as credit card numbers, bank account details, and the like.
However, token authentication makes it difficult for criminals to steal your data or money even if they have access to some of your personal details.
When accessing an online application or site with token-based authentication, you don’t have to re-enter your login credentials over and over again whenever you want to gain access to your account.
The website or app generates a unique token that your device stores.
So whenever you want to sign in, the website or app simply verifies this token and gives you access to your account.
It’s quite convenient, isn’t it? Token authentication offers a better user experience.
How Token Authentication Keeps Your Data Safe?
Token authentication ensures the security of your data through the following ways:
Multi-Factor Authentication (MFA)
Token authentication makes your security system more efficient and effective by implementing a multi-factor authentication feature. This feature makes users provide 2 or more authentication details such as a one-time password (OTP) and a password to log in.
This makes it harder for cyber attacks to gain unauthorized access to a user’s account.
Single Sign-on (SSO)
The Single Sign-on (SSO) security feature is another extra security layer that the token authentication system has.
With the SSO feature, users can access different websites with just one login info. This removes the need to have to remember different passwords whenever they want to log into their online accounts.
This offers convenience to the user but makes it difficult for hackers to access the data of users.
Tokens Are Revoked Once Compromised
To secure your data, the token-based authentication system revokes your security token once it has been compromised or lost. This prevents cyber attackers from using it to gain authorized access to your account.
Tokens Are Harder To Steal Than Passwords
Cybercriminals have discovered that many users choose passwords that can be easily guessed and they also use the same password for different accounts. This has led to dozens of successful cyber attacks.
On the other hand, token authentication makes it especially difficult for criminals to steal security tokens. They are unique codes generated by online servers. Thus, they can’t be easily accessed by hackers.
This ensures your data stays safe.
What Are The Best Token Cybersecurity Practices Today?
Cybercriminals are getting craftier by the day. Thus, the work of digital security is never finished. Here are the best token cybersecurity practices you must follow to reduce your risk of getting digitally attacked.
As much as token authentication is a more secure digital system than a mere password, it can still be hacked. To make your data more secure it’s best you rotate your security tokens regularly. You could do this every few days, weekly or monthly.
This lessens the risk of tokens getting compromised by cyber attackers. Rotating tokens helps in invalidating old tokens, making them unusable.
Regularly revoking tokens that have been lost or compromised is the best way to ensure your data stays safe in cyberspace. This prevents criminals from using such tokens to access the accounts of users.
Use long and complex security tokens generated from a secure algorithm. Such tokens are hard to steal.
Token authentication is one of the best digital security systems that ensure your sensitive info online stays safe. It’s the best way to protect mere password systems as it strengthens its security even more.