Multi-Factor Authentication: Managing Cyber Exposure
Ransomware attacks are on the rise, increasing in both frequency and severity over the last two years. Due to this increase the majority of our cyber liability insurance carriers are requiring that insureds have multi-factor authentication (MFA) in place prior to providing quotes. This is especially important for email access points. MFA protects your company against a variety of attacks. Carriers recommend using this to protect remote network, email access and administrative access to block intruders. Take some time to discuss this important risk management strategy with your IT Department to better protect yourself and to ensure you are eligible for cyber insurance quotes.