One way to protect yourself against cyber threats is by using strong passwords. To access any account or resource, people determine usernames and passwords. Even if your password seems robust, it is not hard for cyber criminals to decipher it. So, passwords are not entirely safe to protect you against cyber threats and you need further protection to secure your access.
Multi-factor authentication (MFA) refers to two or more authentication steps to verify any identity. Thanks to MFA, users can be authenticated in many ways so systems can be sure that users are who they allege they are.
Add extra security to your business cyber safety
Multi-factor authentication is vital when it comes to business cyber security. Today, many organizations look for comprehensive and effective cybersecurity solutions to protect their business assets against cyber threats. Besides the technical precautions, corporations should consider the human factor that seems the weakest chain of cybersecurity links. Look how Jeff Bezos considered the weakest link of cyber-security to understand our claim better https://www.bbc.com/news/technology-47253869
Employee factor in cyber security
Your employees can risk your valuable company assets and confidential data. Especially, if you have a remote workforce that you can not control properly, the risk is bigger for you. You must be sure that your system authenticates user credentials and allow only authenticated ones. Passwords are not safe enough to provide total security. Your employees can share their passwords with third parties or they may have poor passwords that are easy to decipher. However, MFA can rescue you from all these risks. When you implement MFA in your network access, you add an extra layer of protection to your cyber safety.
Besides the MFA, you can control your remote employees with a DNS filtering service and be sure that they have access only to essential Internet services. DNS refers to the domain name system. DNS, provide access for users by using names such as Wikipedia.com instead of nine-digit IP addresses and facilitates user experience by saving them from remembering complex number combinations. You can consider DNS as a phonebook.
DNS filtering, as you can infer from the name, helps organizations to block specific websites and create blacklists. In this way, organizations can prevent their employees from accessing malicious or distracted websites and increase their productivity.
Both DNS filtering service and multi-factor authentication are vital components regarding business cybersecurity. As a business owner or entrepreneur, you should consider these technologies to improve your cybersecurity.
Multi-factor Authentication Tools
Now, the password is not adequate to access vulnerable company assets or confidential data. Your employees should confirm their identity by biometrics, possession, or any knowledge besides the passwords. Biometrics can be a fingerprint, face recognition, etc. Possessions refer to smartphones or electronic signatures and knowledge can be anything that only the user can know the answer to. Moreover, one-time passwords (OTP) are another way to provide MFA in any system.
MFA is crucial to control human factors in business cyber security because most of the cybersecurity corruption is rooted in poor authentication and unnecessary privileges. In an average corporation, users can access each resource even if they do not need to access them to pursue their work. By implementing MFA, you can be sure that only authorized and confirmed users can access your valuable assets.
There are several regulations for industries regarding cyber security. These regulations determine some requirements and standards that organizations should comply with. When they fail to adhere to these regulations, they are subject to several sanctions.
On the other hand, being compliant with these regulations provide the uttermost protection for companies. When they integrate these requirements and standards into their systems, they can establish a highly protected business environment and safeguard their confidentiality and integrity. Here, multi-factor authentication can help your organization to be compliant with cybersecurity regulations. Remember that maintaining cybersecurity compliance is a must in today’s organizations’ ability to access cybersecurity success.
Furthermore, MFA is a successful actor in terms of data security. Data breaches can cause legal disputes and proceedings so all these results in reputation and financial loss. Credential authentication can avoid data leakages and damages that are rooted in these breaches. Thus, companies can keep stable their finances and reputation.
Build Customer Trust
MFA also offers customer satisfaction. When your customers know their credentials and data are protected by MFA, their loyalty to your brand increases. On the other hand, you can diminish the attack surface by monitoring and controlling customer behaviors. MFA provides an opportunity to investigate user mobilities.
Avoid Data Theft
Since data is the most valuable asset of any organization, protecting it became more and more important. Do not allow your valuable data to fall victim to cyber-attacks or phishing. Cybercriminals steal valuable company data through phishing, malware, or ransomware attacks. In phishing, they usually send malicious links via e-mail that seem original and trustworthy. When a user clicks these links, they allow criminals to steal confidential data. It is similar to malware and ransomware attacks.
Data loss can cause your work to be stopped as well as reputational loss. You can be subject to legal sanctions or fines. Here, MFA can increase your data safety by offering highly-protected data resource access steps.
You can benefit from multi-factor authentication by identifying your data resources, networks, and assets first. Then you can evaluate their risk levels and determine your prior targets. The likelihood of any breach and the potential cost for your company can be a good start to evaluating risk levels and possible consequences.
Cybersecurity should be considered holistically. Threats, risks, changing and evaluating attacks, precautions, solutions, technical steps, and human-factor are the main components of any cybersecurity system. In corporations, it is more important to provide total cybersecurity for both company’s and the customer’s sake. Because corporations are the main target of cyber criminals and they are more prone to cyber-attacks. They have sensitive data resources and other valuable assets. When a data breach occurs in a company, it can cause a disaster in both financial and reputational ways. Here’s why data protection and avoiding cyber attacks are so crucial.
In summary, multi-factor authentication offers:
- Extra access verification
- More protected company data resources
- user privileges avoidance
- cybersecurity compliance
- employee productivity
Although there are several ways to protect your organization against cyber threats, multi-factor authentication offers indispensable cybersecurity precautions and solutions. Remember the fact that the human factor is crucial in cyber security and data safety and safeguarding the human factor is possible with access control. Thanks to MFA, you can verify credentials regularly and monitor user access requests to create a cyber-safe environment for your customers and employees.