Small to medium-sized businesses (SMBs) are increasingly becoming targets for cyber attacks. In fact, a recent study by the National Cyber Security Alliance found that 60% of SMBs have experienced a data breach in the past year.
One of the most effective ways to protect your SMB from a data breach is to implement multifactor authentication (MFA). MFA is a security process that requires users to provide two or more forms of identification to gain access to a system or application. This can be done by requiring users to enter a username and password, as well as a code that is sent to their phone or another device.
MFA is much more secure than traditional passwords because it makes it much more difficult for attackers to gain access to your systems or applications. Even if an attacker is able to steal your password, they will still need to have access to your phone or another device in order to complete the authentication process.
There are many different MFA solutions available, so you can choose one that fits your budget and needs. Some of the most popular MFA solutions include:
- Google Authenticator
- Duo Security
- Office / Microsoft 365 (free to turn on for users)
If you're not already using MFA, I highly recommend that you start using it today. It's a simple and affordable way to add an extra layer of security to your SMB and protect your data from cyber-attacks.
Here are some of the benefits of using MFA for SMBs:
- Increased security: MFA adds an extra layer of security to your SMB by making it more difficult for attackers to gain access to your systems or applications.
- Reduced risk of data breaches: MFA can help to reduce the risk of data breaches by making it more difficult for attackers to steal your data.
- Improved compliance: Many industry regulations, such as PCI DSS, require businesses to use MFA. Many others strongly recommend (HIPAA).
- Increased employee productivity: MFA can help to increase employee productivity by making it easier for employees to access the systems and applications they need to do their jobs.
If you're an SMB owner, I encourage you to consider implementing MFA. It's a simple and affordable way to add an extra layer of security to your business and protect your data from cyber-attacks.