Multi-Factor Authentication (MFA) is still the single most cost-effective solution to reduce network risk and improve your cybersecurity. In fact, according to a 2023 Microsoft study, 99.9% of compromised Office 365 accounts lacked MFA, whereas only 0.1% of the companies with MFA-enabled were negatively affected by a breach. The exponential returns for minimal security effort highlights MFA as an obvious cybersecurity solution for organizations.
JEI Tech is protecting businesses, institutions and non-profits alike by implementing this incredibly simple extra security step that can make a real impact.
MFA requires users to verify their identity with a second factor—like a code sent to their phone, a fingerprint scan, or a face ID—before logging in. This extra step makes it ex-ponentially harder for hackers to break into accounts, even if they have a stolen password. Despite its effectiveness, most organizations still don’t require it.
MFA typically includes something the user knows (like a password), something the user has (like a smartphone), and something the user is (like a fingerprint). By combining these factors, MFA provides a higher level of security compared to traditional single-factor authentication methods.
• Resistance to Change – Organizations worry about adding an extra step to logins, fearing employee complaints.
• Misplaced Confidence – Many assume their passwords are already strong enough, despite the rise of sophisticated phishing attacks and credential leaks.
• IT providers Not Pushing It – Most IT providers hesitate to enforce MFA.
“If you knew that putting a lock on your front door would prevent 99.99% of break-ins, would you voluntarily leave it unlocked? How often do you wear a seatbelt even though it’s only 45-60% effective?,” said John Coleman, Director at JEI Tech. “The same logic applies to MFA. Yet, many businesses still don’t enforce it, leaving their networks wide open to at-tacks. Even though people don’t like added steps, this offers such a strong benefit to your organization that we believe your IT provider or IT staff are morally obligated to demand you enable 2-Step Verification. If you don’t have MFA, you should reassess what caliber of IT support you actually have safeguarding your business.”
While some users find traditional MFA methods slightly inconvenient, the technology is evolving to become even simpler. In the next several years, the user experience (UX) will improve through features like; biometric authentication – face scans and fingerprints replacing text message codes, touchscreen-based approvals – instead of typing a code, users will tap a button on their device, or password less logins. All of these will make it even simpler to prevent cyber-attacks.
The good news is that MFA will only get easier and more seamless in the future, added Coleman.
“But until then, businesses still need to take action, now.”
Ready to enhance your cybersecurity? Contact JEI Tech today to implement MFA for your business. Our team of experts will work with you to design and implement a customized MFA solution that meets your specific needs. Don’t wait until it’s too late – protect your business from cyber threats with the power of Multi-Factor Authentication.
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