Do you require Multi-Factor Authentication? Why you should include Multi-Factor Authentication as a security requirement for your organization.
Do you have, or have you been considering a Multi-Factor Authentication (MFA) deployment for your organization? While MFA is becoming more commonplace, many organizations have yet to implement MFA or additional security measures beyond the traditional username and password. MFA should no longer be considered an “optional” security measure but a required one. If your organization has yet to implement MFA it could be for several reasons, but now is the time to reconsider and begin planning your MFA deployment.
Username and Password – No longer enough on their own.
Traditional username and passwords are no longer sufficient on their own, even if you have a complex password policy. There is a great blog post from the Microsoft identity team that details why your password doesn’t matter. If you haven’t had a chance to read it yet I encourage you to do so.
Ransomware and Account Compromise – MFA will help you prevent both!
In addition, over the past few years, we have seen a significant increase in ransomware attacks. Most recently in the news, we have seen several high-profile ransomware attacks that target everything from critical infrastructure to public and private organizations. MFA helps organizations protect themselves from ransomware attacks and account compromise. In fact, Microsoft states that MFA can help organizations prevent 99.9 percent of attacks on accounts.
Don’t Lose Your Cyber Insurance Protection!
If you still need reasons to consider why you should implement MFA, here is one. Due to increased cyber insurance claims because of ransomware attacks, more and more cyber insurance carriers are starting to require MFA before they will bind a cyber insurance policy. If your carrier doesn’t require it yet they likely offer discounts on the premium if you have MFA deployed for your organization. This could help offset the cost of implementation.
Time to take action!
Now is the time to start thinking about how MFA can help protect your organization. At C2, we have assisted many customers with their MFA deployments and are here to help you too! Get started today and contact an MFA specialist at C2.