In the past, authentication solutions were either easy to use and inexpensive, but insecure (such as username/password) or very secure but expensive or difficult to implement (such as OTP tokens and smart cards). Arcot offers a third option: WebFort, a software-only, two-factor authentication solution. It delivers the right balance of cost, convenience, and strength.
Solutions including one-time-password (OTP) generator tokens, do not offer the same level of protection as the ArcotID against attacks such as the man-in-the-middle attack. The ArcotID secure software credential provides protection against common Internet threats and several futuristic attacks that are becoming popular among fraudsters.
Man-in-the-Middle attacks can defeat most kinds of multi-factor authentication, including OTP tokens. Financial institutions, brokerages, and other likely targets of MITM attacks should consider the ability of their countermeasures to defeat MITM attacks, as these types of attacks will continue.