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A massive chunk of our day to day lives passes through gadgets such as laptops, smartphones etc. These devices ultimately end up containing valuable digital information about us. It is therefore not surprising how our online accounts have become attractive to criminals. Presently, cyber attacks against the government, companies, and even individuals are rampant because these criminals need access to private/personal information for their nefarious activities. From the look of things, these criminals will not relent any time soon.
However, it is very easy for individuals and organisations to improve the security of their private information using multi-factor authentication, commonly called MFA.
MFA is a security system that needs several authentication methods from independent categories of credentials to verify a user's identity for a login or any form of transaction. The technique combines at least two of these types of credentials: the user's knowledge (password), the user's possession (security token), and who the user is (biometric verification).
MFA aims at creating multiple layers of defence against any form of attack. It means that multi-factor authentication will make it hard for any unauthorised person to access a valid user's data like location, device, network, or database. With the MFA, when the attacker bypasses one layer, he/she still has other layers of defence to breach before obtaining full access to the user's asset. One popular form of MFA is "two-factor authentication", also known as 2FA. Let us now describe it in detail.
Two-factor authentication, also called 2FA, adds an extra layer of security to verify whether a person who tries to access an online account is the rightful owner. The aim is to complicate access for a cyber-criminal. Any person who wants to gain access must provide another piece of information: the second factor. The information can be any of the following,
2FA is a form of insurance for a user in the sense that if the user's phone is faulty, gets stolen, or the user's password is compromised, another party's chances of knowing the second-factor information are slim.
Any website that doesn't offer 2FA has the tendency to be hacked easily. In other words, there is no insurance for your account once someone else knows your password. Some websites, however, offer different kinds of 2FA; some may be complex, others easy to understand by the user. The bottom line is, they offer protection other than just passwords. The following are common types of 2FA,
This is the oldest form of 2FA. They are small hardware devices that generate a temporary numeric code every 30 seconds. When users want to access their accounts, they glimpse their device and enter the numeric code into the website or application.
One major disadvantage of this is the cost. Businesses, for example, find it costly to provide a large number of employees with hardware tokens. The small size of the device makes it prone to easy misplacement. It is also worthy to note that hardware tokens are not entirely safe from getting hacked.
This type works directly with a user's mobile device. Upon the successful input of the username and password, a user gets a one-time password (OTP) in the form of a text message. When the user receives the OTP, s/he inputs it into the website or application.
Voice verification works similarly: the user's number is automatically dialled, and the password disclosed verbally. Voice verification is uncommon. It is mainly used in countries with poor cell service or where smartphones are expensive.
It is unwise to use this security form on a website that stores your personal information because it is the lowest security form. Private information like bank account details, email accounts, etc., need a more secure form of authentication. Therefore, this type of 2FA is predominantly for low-risk online activities.
This is the most widely used type of 2FA. For many, it is a better alternative to text message and voice verification. It makes use of a software-generated, time-based one-time password, commonly referred to as TOTP, or soft token.
To use this method, users have to download and install a free 2FA application on their mobile or PC. The application can be used on any website that supports this authentication type. When users log onto the website with their respective username and password, they receive a code on the application and subsequently input it. Similar to the hardware tokens, software tokens are temporary and last for less than a minute.
What makes software tokens less susceptible to attacks is because the code is generated on the same device, unlike the text message and voice verification — There is every tendency that a user's registered number may be on another device. Most importantly, the 2FA applications are available for mobile, wearables, or PCs and can work offline. Therefore, it is possible to use them anywhere.
This type of authentication doesn't need a 2FA token. All the user needs to do is to verify that a login attempt is about to take place. Whenever an attempt is made to log into an account, the website will send a notification to the account owner's smartphone, and with just a single touch, the account owner can approve or deny access.
This method eradicates any form of attack from a third party. The direct relationship between the user and the website ensures that the user receives a notification upon any login attempt. However, it can only work on an internet-connected device. Hence, it may be difficult to use in an area with a poor network.
Presently, the United States has adopted the use of MFA. The Federal Financial Institutions Examination Council (FFIEC) has issued a directive that the MFA should be used for internet banking operations. With the world's largest economic and financial superpower declaring its interest in multifactor authentication, there is no doubt it will be used worldwide shortly.
Reports indicate that stolen, misplaced, and weak passwords are the primary cause of security infringements. Before now, passwords were the only way to keep one's account safe from cybercrime. Thankfully, MFA came on board when the rate of cybercrime was growing fast. With MFA, many companies and individuals can now increase their security level. MFA is vital to keep one's account safe and necessary for everyone in this digital age.
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CryptoBlades previously announced the upcoming launch of its new installation called CryptoBlades Kingdoms (CBK). The new GameFi metaverse ensures that players of the CryptoBlades RPG have more potential to earn big.
According to CryptoBlades’ blog, CBK offers more value. Users who play CryptoBlades RPG regularly have the edge because they can transfer their progress to the GameFi metaverse to earn more $SKILL.
“Players who continue leveling up their characters in CryptoBlades by winning SKILL tokens and participating in in-game raids or beating powerful opponents will gain and build more robust characters,” the blog read. “The progress players make can then be carried forwards into the new CryptoBlades: Kingdoms.”
With this in mind, many users have already made significant steps in preparation for the GameFi metaverse launch, and the consequence is entirely positive. CryptoBlades still has to win over many fans who remain frustrated by the results from CryptoBlade’s first game iteration.
Some players already have the edge over their enemies due to participating in in-game raids or beating enemies, and they have built stronger characters. The progress made by these users can be carried into the CBK, making it more exciting to play as they obtain more significant rewards.
In addition, properties in the CryptoBlades game can be transferred to CBK. When gamers start playing the CryptoBlades RPG game, they have the opportunity to pick one four or five-star weapon and build their team around it. Many players have already built robust teams and are set to transfer them to CBK.
“Players who have been active on one game and created an arsenal of rare collectible items can now carry their progress in a greater crypto portfolio,” CryptoBlades wrote.
In essence, those playing the CryptoBlades’ game will be the biggest gainers when the new Decentralized Finance (DeFi) game series launches on the most popular GameFi ecosystem on Binance Smart Chain (BSC).
CryptoBlades is a web-based Non-Fungible Token roleplaying game launched on Binance Smart Chain. Like other NFT gaming platforms, CryptoBlades issues its native SKILL tokens to participants as in-game rewards. The game has received backing from significant names like Binance, IGN, and Steam. They are also a winner in the Binance Most Valuable Builder II program.
Aside from competing to earn SKILL, players can also forge unique weapons and trade them on an open marketplace. Players can also stake their earnings and obtain more SKILL rewards. The CryptoBlades team is decentralized with over 50 developers and a GitHub open for participation and bug bounty rewards to improve continually.
Where to find CryptoBlades:
RealFevr will look to build on its promising start after confirming its second Non-fungible Token (NFT) drop date, and also announcing a unique NFT of Cristiano Ronaldo’s first-ever career goal.
The official Medium announcement set the date of September 30th for the second drop at 14:00 UTC. Can the power of Ronaldo propel the NFT sales to new heights?
“The first-ever Cristiano Ronaldo goal in his professional career will drop officially and exclusively in RealFevr’s second drop.” RealFevr CEO Fred Antunes revealed exclusively to BSC.News. “It is one of the most anticipated moments in the whole of football history. As it will never be repeated again, there will only be one NFT of Cristiano’s first goal ever.”
With RealFevr having its roots in Portugal, the unique NFT consisting of the Portuguese hero, Ronaldo’s first goal is also likely to drive interest and price.
“If the Drop #1 "UNIQUE" #NFT was sold for $89k in our #marketplace, how much will the FIRST-EVER GOAL of @Cristiano Ronaldo be sold for?” RealFevr tweeted the relevant question, as the assumption is the price will sky-rocket this time round.
The prospective price of the aforementioned NFT may well skyrocket.
The model will work on a first come first served basis, with only $FEVR allowing you to get your hands on one of 37,000 packs.
Pack prices will vary based on whether you wish to purchase a ‘Basic’ pack with 3 NFTs ($15 in $FEVR), a ‘Rare’ pack with 4 NFTs ($75 in $FEVR), or a ‘Super Rare’ pack with 5 NFTs ($125 in $FEVR). Each pack has a chance of containing ‘Legendary’ or ‘Unique’ NFTs, with relevant probabilities listed here.
To allow to grab a pack, you’ll be able to purchase $FEVR at PancakeSwap (via BNB), Gate Exchange (via USDT), or UniSwap (via ETH)
RealFevr takes a multipronged approach to football fandom. It began as a fantasy football application in 2015 and has over 2.5 million downloads with 1.2 million registered users. The protocol is now releasing the first-ever Football Video NFTs Marketplace, powered by Binance Smart Chain. The protocol uses their $FEVR token as a Web 3.0 gateway to football’s greatest moments. The protocol is also a lending and borrowing protocol for fans to buy, sell, and profit from their collectibles.
Where to Find RealFevr:
Website - Twitter - Telegram - YouTube - Telegram (News)
In today's online world, Cybercriminals are becoming more sophisticated and daring. There is a need for more secure authentication systems to safeguard users' online accounts. The Multi-factor authentication (MFA) system provides a high level of data security and is vital for all to adopt.
A massive chunk of our day to day lives passes through gadgets such as laptops, smartphones etc. These devices ultimately end up containing valuable digital information about us. It is therefore not surprising how our online accounts have become attractive to criminals. Presently, cyber attacks against the government, companies, and even individuals are rampant because these criminals need access to private/personal information for their nefarious activities. From the look of things, these criminals will not relent any time soon.
However, it is very easy for individuals and organisations to improve the security of their private information using multi-factor authentication, commonly called MFA.
MFA is a security system that needs several authentication methods from independent categories of credentials to verify a user's identity for a login or any form of transaction. The technique combines at least two of these types of credentials: the user's knowledge (password), the user's possession (security token), and who the user is (biometric verification).
MFA aims at creating multiple layers of defence against any form of attack. It means that multi-factor authentication will make it hard for any unauthorised person to access a valid user's data like location, device, network, or database. With the MFA, when the attacker bypasses one layer, he/she still has other layers of defence to breach before obtaining full access to the user's asset. One popular form of MFA is "two-factor authentication", also known as 2FA. Let us now describe it in detail.
Two-factor authentication, also called 2FA, adds an extra layer of security to verify whether a person who tries to access an online account is the rightful owner. The aim is to complicate access for a cyber-criminal. Any person who wants to gain access must provide another piece of information: the second factor. The information can be any of the following,
2FA is a form of insurance for a user in the sense that if the user's phone is faulty, gets stolen, or the user's password is compromised, another party's chances of knowing the second-factor information are slim.
Any website that doesn't offer 2FA has the tendency to be hacked easily. In other words, there is no insurance for your account once someone else knows your password. Some websites, however, offer different kinds of 2FA; some may be complex, others easy to understand by the user. The bottom line is, they offer protection other than just passwords. The following are common types of 2FA,
This is the oldest form of 2FA. They are small hardware devices that generate a temporary numeric code every 30 seconds. When users want to access their accounts, they glimpse their device and enter the numeric code into the website or application.
One major disadvantage of this is the cost. Businesses, for example, find it costly to provide a large number of employees with hardware tokens. The small size of the device makes it prone to easy misplacement. It is also worthy to note that hardware tokens are not entirely safe from getting hacked.
This type works directly with a user's mobile device. Upon the successful input of the username and password, a user gets a one-time password (OTP) in the form of a text message. When the user receives the OTP, s/he inputs it into the website or application.
Voice verification works similarly: the user's number is automatically dialled, and the password disclosed verbally. Voice verification is uncommon. It is mainly used in countries with poor cell service or where smartphones are expensive.
It is unwise to use this security form on a website that stores your personal information because it is the lowest security form. Private information like bank account details, email accounts, etc., need a more secure form of authentication. Therefore, this type of 2FA is predominantly for low-risk online activities.
This is the most widely used type of 2FA. For many, it is a better alternative to text message and voice verification. It makes use of a software-generated, time-based one-time password, commonly referred to as TOTP, or soft token.
To use this method, users have to download and install a free 2FA application on their mobile or PC. The application can be used on any website that supports this authentication type. When users log onto the website with their respective username and password, they receive a code on the application and subsequently input it. Similar to the hardware tokens, software tokens are temporary and last for less than a minute.
What makes software tokens less susceptible to attacks is because the code is generated on the same device, unlike the text message and voice verification — There is every tendency that a user's registered number may be on another device. Most importantly, the 2FA applications are available for mobile, wearables, or PCs and can work offline. Therefore, it is possible to use them anywhere.
This type of authentication doesn't need a 2FA token. All the user needs to do is to verify that a login attempt is about to take place. Whenever an attempt is made to log into an account, the website will send a notification to the account owner's smartphone, and with just a single touch, the account owner can approve or deny access.
This method eradicates any form of attack from a third party. The direct relationship between the user and the website ensures that the user receives a notification upon any login attempt. However, it can only work on an internet-connected device. Hence, it may be difficult to use in an area with a poor network.
Presently, the United States has adopted the use of MFA. The Federal Financial Institutions Examination Council (FFIEC) has issued a directive that the MFA should be used for internet banking operations. With the world's largest economic and financial superpower declaring its interest in multifactor authentication, there is no doubt it will be used worldwide shortly.
Reports indicate that stolen, misplaced, and weak passwords are the primary cause of security infringements. Before now, passwords were the only way to keep one's account safe from cybercrime. Thankfully, MFA came on board when the rate of cybercrime was growing fast. With MFA, many companies and individuals can now increase their security level. MFA is vital to keep one's account safe and necessary for everyone in this digital age.
