{"id":805,"date":"2022-03-21T04:12:44","date_gmt":"2022-03-21T09:12:44","guid":{"rendered":"https:\/\/blog.glasswire.com\/?p=805"},"modified":"2022-10-06T03:28:23","modified_gmt":"2022-10-06T08:28:23","slug":"adopting-mfa","status":"publish","type":"post","link":"https:\/\/www.glasswire.com\/blog\/2022\/03\/21\/adopting-mfa\/","title":{"rendered":"Adopting MFA in your company"},"content":{"rendered":"
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Accessing your accounts with a single username and password simply isn’t enough to keep sensitive data safe.<\/p>\n\n\n\n

With cyberattacks sharply on the rise, it’s essential you implement multi-factor authentication (MFA) to protect your business.<\/p>\n\n\n\n

Cyberattacks are estimated to cost global business $10 trillion by 2025.<\/p>\n\n\n\n

And it doesn’t matter how small your business or the industry in which you operate. Every business is vulnerable.<\/p>\n\n\n\n

MFA adds extra layers of security to your accounts by asking you for more than just a password. It can include a fingerprint scan, one-time passcodes, or facial recognition among other forms of proving your identity.<\/p>\n\n\n\n

Read on to find out more about why MFA is so important, the common challenges that businesses face with adopting MFA, and how you can protect your business by introducing MFA.<\/p>\n\n\n\n

Why is multi-factor authentication important?<\/h2>\n\n\n\n

According to Microsoft, 99.9% of cyberattacks can be prevented<\/a> simply by enabling MFA.<\/p>\n\n\n\n

The problem with usernames and passwords is that they’re easily compromised. Hackers find several ways to steal passwords to then log into corporate accounts and steal data.<\/p>\n\n\n\n

This could be everything from client addresses, payment details, and sales records to your business online banking and employee information.<\/p>\n\n\n\n

Nearly two-thirds of cyberthreats happen due to negligence inside your business, according to an IBM study. Employees might leave passwords lying around or share them within insecure networks.<\/p>\n\n\n\n

The positive is that by adding MFA to your company platforms, it becomes almost impossible for hackers to replicate these credentials, and guessing your password isn’t enough for them to gain access.<\/p>\n\n\n\n

In multi-factor authentication, your employees can provide different types of information to prove who they are. These include:<\/p>\n\n\n\n