CYBER INSURANCE AND MFA
Protect your sensitive data with Multi-Factor Authentication (MFA)Are you looking to purchase a cyber liability insurance policy? If yes, insurers are advising organisations to adopt Multi-Factor Authentication before taking out a cyber insurance policy to limit the potential damage caused by cyber attacks to your business.
Protecting sensitive data with multi-factor authentication (MFA) has become a requirement for many cyber insurance policies.
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If you want to eliminate your company’s number 1 risk by quickly and easily closing security gaps that leave your company vulnerable to a breach, contact our team today to arrange a training session and a FREE 30-day trial for up to 250 users!
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Why are cyber insurers requiring multi-factor authentication?
80% of data breaches involve the use of weak passwords or stolen credentials . Identity-focused security controls are no longer optional and insurance companies know that. Underwriters are requiring policy holders to implement MFA to reduce the risk of pay-outs on policies and ensure their profitability.
12021 Verizon Data breach Incident Report
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The cost of an attack vs. the cost of a policy
A malware attack can cost millions while the typical cost of cyber liability insurance is a small fraction of that , but only if you have the right protection in place to begin with. In a world where access is based on user identity, any additional layer of security pays off.
2Techrepublic.com
Check out a recent survey carried on behalf of WatchGuard that provides us with an insight into organisations’ attitude to cyber insurance. As remote access becomes a top priority for more and more people, workplaces are either already paying for cyber insurance or planning to buy it. If you don’t have it, you will soon need it.
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If you want to eliminate your company’s number 1 risk by quickly and easily closing security gaps that leave your company vulnerable to a breach, contact our team today to arrange a training session and a FREE 30-day trial for up to 250 users!
WatchGuard AuthPoint MFA protects these areas so that you can qualify for Cyber Insurance
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Email access for all employees
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Admin access to network infrastructure (routers, firewalls, etc.) including internal users and service providers
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Remote/VPN access for employees, contractors, and service providers
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Admin access to endpoints and servers including internal users and service providers
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Multi-Factor Authentication Webinar
Learn more about MFA requirements from insurance companies and the demand for:
- Easy-to-use authentication
- Remote and VPN access protection
- Optimised productivity with web single sign-on access
- Risk-based authentication
- Low cost and adaptable for business needs
If you want to eliminate your company’s number 1 risk by quickly and easily closing security gaps that leave your company vulnerable to a breach, contact our team today to arrange a training session and a FREE 30-day trial for up to 250 users!
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MFA Case Studies
Check out some AuthPoint MFA Success Stories and their experience of the AuthPoint MFA support, usability and features.
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MedNet uses AuthPoint to keep patient records safe and sound in the hands of authorised employees.
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Fletchers law firm deployed AuthPoint to prevent a breach and protect their clients’ data.
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Ellips uses AuthPoint for traveling employees to prevent unauthorised access to lost or stolen devices.
If you want to eliminate your company’s number 1 risk by quickly and easily closing security gaps that leave your company vulnerable to a breach, contact our team today to arrange a training session and a FREE 30-day trial for up to 250 users!