For more details see the Two-Factor Authentication for Magento 2 extension page.
Protect your Magento e-business with simple yet efficient 2-step verification extension. Make sure your account is available only to verified users.
To configure the extension, go to Admin panel → System → Configuration → Two-Factor Authentication.
Enable Two-Factor Authentication - Set Yes to enable two-factor authentication extension on your Magento account.
IP White List - In this field, you can include reliable IP addresses. Users, who log in from these IP addresses will not be required for verification code (e.g. your staff members). You can add multiple IPs, separating them with coma.
Go to System → Permissions → Users to set admins' permissions.
Add New User - Add new admin role and configure the authentication method.
Two-Factor Settings - On the left sidebar, open the tab to configure and synchronize the extension with the Google authentication app. The application generates additional security codes.
Enable TFA - Open your Google Authenticator application and register the login by scanning the QR Code or entering the Secret Key.
Status - the default status is Not Configured. It will be switched to Configured, once you enter a Secret Key or scan the QR code.
Secret Key - Insert the Secret Key into Google Authenticator app to generate additional Security Code.
QR code - Scan QR code to receive the Secret Key and insert it into Google Authenticator app to generate additional Security Code.
Security code - Insert your received Security Code and click Check code to verify it. Verify - If Security Code is correct, then Check code link will be changed to Verified.
To test, whether the extension was successfully synchronized with Google Authenticator App and well configured, log out from your current session and try to log in to the account you have configured.
This is how Google Authenticator App generates the security code.