Two-factor authentication greatly increases the security of your account by requiring a second dynamic passcode in addition to the standard username and password. Google Authenticator, Authy, or a similar application should be used to generate dynamic passcodes for maximum security.
Before you set up two-factor authentication, you'll need to decide on a method for generating dynamic passcodes. The most common methods are via the Google Authenticator application (for Android, iOS, BlackBerry, etc.). Google Authenticator gives you the choice between HOTP and TOTP (see below for an explanation of HOTP and TOTP).
To set up two-factor authentication in your Dasset account, go to Settings > Two-Factor Authentication. Click "setup" and choose the two-factor option you want. Two-factor devices generate dynamic passcodes on the basis of a static key and a "moving factor." HOTP stands for "HMAC-based One Time Password" and the moving factor is a simple counter that increments each time an OTP is generated. TOTP stands for "Time-based One Time Password" and the moving factor in this case is the passage of time (a new OTP is generated by the device every 30 seconds). The TOTP password is short-lived while the HOTP password may be valid for an unknown amount of time (until your next login). TOTP requires less maintenance but the time between the device and our servers needs to be synchronized while HOTP requires more maintenance but no synchronization. As a result, the TOTP is generally considered the more secure One-Time Password solution. For most users, however, the difference is marginal compared to the benefits gained from using two-factor authentication in the first place. For more information:
Selecting the "Password" option gives you a static passcode, which is much less secure than a dynamic one. Not recommended unless you have a special reason for preferring it.
Complete the setup process by following the given instructions. Be careful about changing some of the default options, as setup failures may result (see warnings provided in the instructions).