What is Multi-Factor Authentication?

What is Multi-Factor Authentication?

In our latest blog, hear from Aaron Curran, Managed Services Territory Manager at LoughTec as he explores Multi-Factor Authentication and why you should be looking to implement this across your business operations.

What is Multi-Factor Authentication (MFA)?

Multi-Factor Authentication (MFA) adds a layer of protection to the sign-in process. When accessing accounts or apps, users provide additional identity verification, such as scanning a fingerprint or entering a code received by phone.

According to Microsoft, MFA can block up to 99.9 per cent of automated bot attacks, 100 per cent of phishing attacks, and 66 per cent of targeted attacks that use stolen credentials.

"At LoughTec, we have noticed a spike in brute force attacks with poor passwords causing the vulnerabilities."

Why is MFA important?

Passwords are no longer enough to protect online accounts and applications. They can be guessed, stolen, or simply bought by attackers. Adding a second factor of authentication makes it much harder for attackers to gain access to accounts.

Why invest in Multi-Factor Authentication (MFA)?

Modern passwords aren’t effective enough anymore. Hackers have created a plethora of tried-and-true methods for stealing passwords and accessing private accounts, from simple relaying and flooding assaults to the more sophisticated threats of spear-phishing and pharming. In March this year, Microsoft researchers claimed that a multi-factor authentication (MFA) solution might have prevented nearly all account compromise incidents they encountered (99.9%).

7 Benefits of Multi-Factor Authentication

  • As compared to 2FA, it offers more cybersecurity layers.
  • It protects a customer’s identity.
  • It satisfies regulatory criteria.
  • It is simple to set up.
  • It complies with Single Sign-On (SSO) protocols.
  • SSO solutions are used to implement it.
  • Even on a remote system, it provides increased protection against hacking and data theft.

 

Personally, I feel every business should be considering investing in an MFA solution. This will enhance your organisation’s security, by requiring your users/staff to identify themselves with more than just a username and password.

At LoughTec, we have noticed a spike in brute force attacks with poor passwords causing the vulnerabilities.

If you are interested in implementing MFA in your organisation, get in touch with LoughTec today at info@loughtec.com or call us on +44 (0) 2882 252 445.

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