For a mobile banking app, ensuring secure user authentication is crucial. Multi-factor authentication (MFA) provides a robust security layer:

Multi-Factor Authentication (MFA):

Definition: MFA requires users to provide two or more verification factors to gain access, combining something they know (password), something they have (smartphone), and something they are (biometric verification).

Security Benefits: Significantly reduces the risk of unauthorized access even if one factor is compromised.

Implementation:

User Convenience: Integrate seamlessly into the app to maintain a positive user experience.

Enhanced Security: Protects against various attack vectors, including phishing, brute force attacks, and credential stuffing.

References:

NIST Digital Identity Guidelines:NIST SP 800-63

OWASP Mobile Security Testing Guide: OWASP MSTG