| Multi-factor authentication means choosing from: 1. something you know (password) 2. something you have (phone, yubikey) 3. something you are (biometrics) With Google's two-factor, logging in requires something you know (password) and something you have (phone). The 10 passwords should be locked somewhere physically safe as a fail-safe. Two-factor authentication protects against password leaks and brute force password attacks.[0] It now takes two security failures to access your account rather than one. On a side note, this is why secret questions are worthless as a security measure. Backing up a password with another mental fact is still single factor authentication. [0]: Unless the attackers were able to attain your fail-safe passwords, but unlikely given the entropy and presumably Google's security. |