Multi-Factor Authentication – Why it is Critical for Businesses

As cyber risks continue to evolve and become more challenging for businesses, it is important that businesses are aware of ways they can reduce their risk of a cyber incident. With the cyber insurance market hardening, insurers are now also placing minimum security standard requirements on businesses, both in the SME and Corporate space prior to underwriting or renewing cyber insurance programs. Just like the evolution of cyber risk, the change in the cyber insurance landscape is happening at a frightening pace.

One security control that is now becoming a mandatory requirement for businesses is the use of MultiFactor Authentication (‘MFA’) on their IT networks. This article will explore what MFA is, why it is important and how it should be deployed and used to secure Office 365 and Remote Desktop Protocol (‘RDP’) environments.

Businesses should be discussing this with their IT providers and ensuring MFA is set up correctly on their IT networks.

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