The smart card based password authentication scheme is one of the most important and efficient security mechanism, which is used for providing security to authorized users over an insecure network. In this paper, we analyzed major security flaws of Jangirala et al.’s scheme and proved that it is vulnerable to forgery attack, replay attack, user impersonation attack. Also, Jangirala et al.’s scheme fail to achieve mutual authentication as it claimed. We proposed an improved two factor based dynamic ID based authenticated key agreement protocol for the multiserver environment. The proposed scheme has been simulated using widely accepted AVISPA tool. Furthermore, mutual authentication is proved through BAN logic. The rigorous security and performance analysis depicts that the proposed scheme provides users anonymity, mutual authentication, session key agreement and secure against various active attacks.
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