What is the difference between hard and soft tokens?

Hard tokens offer a level of security that’s difficult to match, given their offline nature. However, they can be cumbersome and more expensive. On the flip side, soft tokens are cost-effective and convenient but require vigilant security practices to mitigate risks. Looking for more in-depth information on related topics?

What is a soft token?

Soft tokens, also known as software tokens, are digital versions of hard tokens that generate a one-time passcode used in two-factor or multi-factor authentication (MFA). They’re typically apps installed on a mobile device or computer, eliminating the need for a physical device.

Should you buy a soft token?

However, that price gets you high-quality security and reliability without the security concerns of hacked devices or compromised software. Soft tokens, on the other hand, are usually free to use and compensate for potential security issues through multi-factor authentication methods that are often time-based.