Google authenticator: how to improve the security of your crowdestate account

Reading time: 4 min

Along with technological advances, financial service providers have become increasingly susceptible to cyberattacks. With the growing sophistication of hackers and their methods, it is essential for you to protect your accounts, assets and data.

Crowdestate is using Google Authenticator to provide additional security to the data, assets and transactions of the investors. All Crowdestate’s investors are required to enable Google Authenticator to be able to change their personal data and execute investment and payment transactions. This additional layer of security will allow us to make sure that the only person making decisions about your money is you.

Google Authenticator: what is it?

Google Authenticator is an application that adds an extra layer of security to your online accounts by adding a second step of verification when you sign in. This means that in addition to your password, you’ll also need to enter a code that is generated by the Google Authenticator app on your phone.

The verification code is generated by the Google Authenticator app on your phone, even if you don’t have a network or mobile connection.

Sounds complicated? No worries, setting up and using Google Authenticator is simple and highly secure.

When you execute any transaction on Crowdestate that is subject to additional approval, our website and the Google Authenticator app on your phone will independently generate the same one-time, six-digit passcode that is valid for only 60 seconds. We will then ask you to enter the passcode from the Google Authenticator app