Msp360 backup pricing8/31/2023 Since the MFA system is nothing but a combination of other single-authentication methods, a hacker can specifically attack individual elements. Like any other security measure, MFA is not foolproof. These apps boost consumer confidence with a multi-platform presence and hassle-free recovery options. Availability of authentication apps: The better integration and built-in security of authentication apps have improved the adoption of MFA.The dramatic improvement in the imaging capability of consumer electronics and robust blockchain implementation of scanned images has taken biometrics to a whole new level. The popularity of biometrics: With an array of biometric identification technology available today, there’s hardly anyone left out.These are the key contributors to an increased MFA system adoption rate: The COVID-19 pandemic has only added to this trend by bringing remote work to the mainstream. Last year alone recorded a growth of over 12%. While network and data security continue to be a priority, adoption of MFA system ties up any loose ends left behind.Ī LastPass survey concluded that 57% of enterprise clients around the world implement MFA. Recent data breaches have forced many companies to take a more holistic approach to secure their assets. MFA systems can be further strengthened by embedding geolocation and device signatures in the authentication layer. For example, a password to access a computer (knowledge) should not be the same as the password to retrieve an OTP from a mobile device (possession). Not to be confused with 2-step verification, a 2FA system is a simple implementation of an MFA.įurther reading Two-Factor Authentication: Solutions, Methods, Best PracticesĪn ideal multi-factor authentication must utilize independent factors. If only two factors are utilized, the mechanism is referred to as “2FA”.
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