Final answer:
A Type 2 authentication factor is 'Something you have,' like a security token, smart card, or a mobile device used in multi-factor authentication for enhanced security.
Step-by-step explanation:
The authentication factor referred to as “Something you have” is an example of a Type 2 authentication factor. This includes items like security tokens, smart cards, or a mobile phone to which a temporary PIN can be sent. Type 2 factors are based on physical items that are in the possession of the user. It's part of a multi-factor authentication (MFA) strategy to enhance security, where combining something you have with something you know (like a password) or something you are (like a fingerprint), for instance, significantly increases account security.