The two-factor authentication scheme is facilitated by the Google Authenticator extension.
To make use of it you need to install the Google Authenticator application on your smartphone. Afterward, install the extension in Plesk and enable it. To configure the extension, first, scan the QR code with your smartphone:
When you try logging into the panel, you will be prompted for a verification code. Refer to the Google Authenticator application you have installed on your phone to obtain the code.