Multi-factor Authentication: the future of passwords

The evolution of technology means that everyday tasks are becoming easier to complete, especially in the workplace. But with approximately half the world’s population using the internet and an expected 125 billion IoT devices expected by 2030, cyber threats and attacks are evolving.

It is estimated that over the past 10 years, a total of 780 million malware attacks have taken place. It’s, therefore, no surprise that 54% of people surveyed in a recent study by Ponemon Institute say that cyber-attacks are a significant worry to their organisation.

Bill Gates himself has no doubt that the reliance on passwords is in decline: “Passwords just don’t meet the challenge for anything you want to secure.”

With one secure password no longer being enough, Multi-factor Authentication (MFA) is a security system helping to put organisations’ minds at ease when it comes to cyber security threats. It instead requires more than one method of authentication to verify a login or other transaction. MFA combines two or more independent credentials such as a password, security token or biometric verification, to create a layered defence.

This additional layer makes it more challenging for an unauthorised person to target a specific database because all factors are required for a successful login to take place. Should an attacker be able to compromise one authentication, they still have at least one more barrier to breach before breaking into the target.

Which MFA technologies suit your organisation?

Many Multi-factor Authentication technologies have been developed, so finding which ones best suit your organisation has never been easier:

  • Security tokens: Small hardware devices carried to authorise access to a network
  • Soft tokens: Software-based security token applications that generate a single-use login PIN
  • Mobile authentication: SMS messages and phone calls sent to a user
  • GPS: Location information provided by smartphones
  • Employee ID/Customer Cards: Magnetic strips and smartcards can act as another layer of authorisation

More and more organisations are choosing to add an additional layer to their security. At Sire, we’ve partnered with Centrify to introduce their Multi-factor Authentication, which helps eliminate security gaps with one consistent set of authentication, to our customers.

To find out more about Centrify’s Multi-factor Authentication and how we can help with cyber security, talk to us on 01344 758700 or email us on sales@sire.co.uk

SIRE Technology Ltd

16 Wellington Business Park

Crowthorne, Berkshire, RG45 6LS

 

+44 (0) 1344 758700

sales@sire.co.uk

Company Number: 02803958