Protect Your Business with Two-Factor & Multi-Factor Authentication
Proudly serving Monroe since 1994
XFER Communications specializes in providing two-factor authentication and multi-factor authentication solutions in the Monroe, MI area. With 2FA/MFA solutions, you can be confident that the integrity of your company and customer data are well-protected against cybercriminals. Unlike password logins, which just use a username and password, 2FA/MFA requires users to complete extra verification steps before logging in. These additional authentication measures increase security, provide access control, help meet regulatory requirements, and eliminate password risks. Contact us today to learn more about our 2FA/MFA solutions.
What is Two-Factor & Multi-Factor Authentication?
In recent years, we have witnessed a large number of websites experience security breaches in which massive amounts of customers’ data have been leaked on the dark web. As the tactics and software employed by cybercriminals become more advanced with each passing year, many businesses are finding that their security measures are no match for modern cyberthreats.
Passwords no longer afford the same level of protection that they once did. If you’re a small business owner, it is important to take extra steps to protect your digital assets. 2FA/Multi-Factor Authentication is the best solution for the vulnerabilities of password-only access, requiring users to complete extra verification steps before logging in.
How Does 2FA/MFA Work?
2FA/Multi-Factor Authentication requires users to complete additional verification steps before gaining access to your online system. These steps can include one-time passwords (OTB) sent as:
- SMS text messages
Or communicated verbally through a voice-based phone call.
Other verification steps can be used as a second-factor authentication measure or in conjunction with other verification steps as part of a multi-factor authentication system. Some examples include:
- Software tokens
- Hardware tokens
- Push notifications
- Biometric authentication
What Kind of Cyber Attacks do 2FA/MFA Solutions Protect Against?
In 2020, cybercrime cost the world over $1 trillion dollars. As a small business owner, you may be under the impression that hackers only target large organizations, so there isn’t a need to invest in cybersecurity.
However, this is a common misconception. Of the thousands of cyberattacks that occur daily, over 60% are targeted at small businesses.
By choosing to implement a 2FA/MFA solution, you can protect your business against many types of cyberattacks including:
- Ransomware attacks
- Brute force attacks
- Man-in-the-middle attacks
- Spear phishing
- Credential stuffing
At Xfer Communications, we will conduct a comprehensive security audit and recommend the best authentication solutions to protect your digital assets.
The Benefits of 2FA/MFA Solutions
When it comes to protecting your business from hackers, 2FA/MFA solutions are the first line of defense. These security measures have many benefits including:
- More layers of security
- Confirmed consumer identity
- Satisfied regulatory requirements
- Easy implementation
- Complies with single sign-on solutions
- Effectively resolves password risk
The Difference Between Two-Factor Authentication Solutions And Multi-Factor Authentication Solutions
If you’re new to the world of cybersecurity, terms such as 2FA and MFA may be confusing. Sometimes 2FA and MFA are used interchangeably. Although similar, these acronyms refer to different layers of authentication. Two-Factor Authentication requires exactly two verification steps while multi-factor authentication requires two or more verification steps.
Nobody is perfect and mistakes are normal. However, hackers are acutely aware of this and they will try to attack you when you are at your most vulnerable. Two-factor authentications reduces the probability of human error, but it does not completely eliminate it. Implementing another verification step significantly increases security . Think of each authentication measure as an additional lock.
Our consultants will help you decide whether 2FA or MFA is a better fit for your company and your security needs. Our team of experienced cybersecurity specialists will work with you develop a plan that meets any relevant regulatory requirements and provides comprehensive protection for your digital assets.
2FA/MFA Solutions To Protect Your Business
At Xfer Communications, we have helped many clients protect their digital assets from cyberthreats with our unique, customized approach to cybersecurity. We will conduct a risk assessment and offer recommendations on the best 2FA/MFA solution to protect your digital infrastructure. By choosing to add authentication measures to your login protocol, you are increasing security and access control, meeting regulatory requirements, and eliminating password risk. Call us today to learn more about our 2FA/MFA solutions.