If you haven’t yet read the 2017 Verizon Data Breach Investigations Report, you should. We know. It’s really long. But don’t be daunted by its heft. The writing reads more like a clever article in Men’s Health or Rolling Stone than a typical research report. You’ll breeze right through it. Maybe even laugh out loud.
And you’ll get the latest stats on cybersecurity that are simply too important to ignore.
Topping its findings, the Verizon DBIR reports that 81% of breaches in the enterprise were caused by stolen or weak credentials. The fact is that many, if not all, of these incidents could be prevented with stronger authentication methods like two-factor authentication (2FA) or, better yet, modern multi-factor authentication (MFA).
Modern (i.e., contextual and risk-based) MFA moves beyond the traditional protocol to apply authentication requirements based on the risk involved in the requested access. By only applying additional authentication when needed, contextual MFA provides more secure access, a better experience to your users and lower costs to your enterprise.
As organizations today extend confidential information not only to employees, but to customers and partners, this becomes increasingly important. Your security needs are more complex, and your approach to authentication needs to keep pace. Modern MFA can accommodate use cases that have expanded outside the firewall, including both managed and unmanaged devices, as well as on-premises and cloud apps.
Plus, these new users have a choice about who they do business with. Make it too difficult, and they’ll opt out. But make it easy and seamless, and you can increase loyalty, business efficiency and your top line.
If you’re ready to move beyond passwords—and we both know you need to—this guide is chock full of information and related resources to deepen your understanding of modern MFA requirements, benefits and functionality so you can confidently assess and evaluate the best solution for your enterprise.