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Your business can add a simple step to build another layer of security for access to your most sensitive information.
Two-factor authentication (2FA) lets you protect valuable business assets by making it more difficult for hackers and thieves to gain access. Once you know the types and uses of 2FA, you can determine how to best use it as part of your company’s cybersecurity solution.
Whenever you use a username and password to access an application, website or server, you’re using single-factor authentication. Once the program or site verifies that the provided credentials match their records, you gain access. Single-factor authentication is commonplace today.
With multi-factor authentication, you enter two or more factors before the application, site or server fully authorizes your access. By submitting two different types of credentials, you can protect your business assets in the case of password theft or the loss of a mobile device.
There are three kinds of factors used in authentication technology:
With 2FA, you use a combination of knowledge-based, possession and inference factors to allow users access. It’s a brief, extra step that curbs unwanted access. While it may seem to some users as a nuisance, it’s an effective preventative step.
Google noted in a recent report that 2FA prevented 73 percent to 100 percent of automated bot attacks. Security keys, a type of hardware that plugs into a USB port, stopped all bulk phishing and targeted attacks. On-device prompts and texted codes were also highly effective.
Microsoft noted in a 2019 study that using multi-factor authentication meant your account was more than 99.9 percent less likely to be hacked.
2FA makes sense for businesses across industries. Here are the major advantages of using the 2FA approach:
Essential Solutions is here to support your technology needs in Baton Rouge, New Orleans and throughout Louisiana. To learn more about our cybersecurity, managed IT and cloud solutions, contact us today.