Insurance Companies / underwriters have a strict set of criteria that they need in place in order for coverage to be activated. Currently at an absolute minimum, companies must have Multi factor Authentication deployed to all employees within your organisation.
But what is Multifactor Authentication or MFA ?
Multi-factor Authentication (MFA) is an authentication method that requires the user to provide two or more verification factors to gain access to a resource such as an application, online account, or a VPN. MFA is a core component of a strong identity and access management. Rather than just asking for a username and password, MFA requires one or more additional verification factors, which dramatically decreases the likelihood of a successful cyber-attack. It is not a panacea for protection against a Ransomware Attack, but rather a first step to protecting your company’s confidential information and data leakage on information on your clients.
Why is MFA Important?
The main benefit of MFA is it will enhance your organization’s security by requiring your users to identify themselves by more than a username and password. Usernames and passwords are vulnerable to brute force attacks and can be stolen by third parties. Enforcing the use of an MFA factor like a thumbprint or physical hardware key means increased confidence that your organization will stay safe from cyber criminals. MFA prevents hackers from breaching accounts even if they get their hands around user credentials and it is your first line of protection against such attacks and is undoubtedly the most critical step businesses can take to protect themselves from cyber-attacks. As of the 30th September 2022, we will be enforcing a strict policy for all our clients to have Multifactor authentication installed and deployed for all users in your organisation.
Please contact Lorraine Spellman in our office should you wish to find out more about setting up MFA.
Multifactor Authentication Decline of Multi Factor Service
I ___________ a duly and authorised signatory on behalf of ________________
have been informed by my IT Service provider, BBS Limited / TA Zettabytes the importance and the benefits of Multifactor Authentication, also known as MFA as a recommended security offering to aide in the protection of my company’s and clients data against Cyber-attacks such as Ransomware and Brute force attacks, have decided not to implement the recommended proposed solution from Zettabytes.
I am fully aware that in not doing so, that should such an attack or similar type attack happen to our systems or confidential information that we accept that Zettabytes in no way accepts any responsibility this attack or any critical loss of data or company disruption that such an attack may cause our company.
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Should you require any further information on this service, or wish to talk to us about any of our other Security Offerings, such as MAVIS for Office 365, Pen testing or phishing, endpoint management or Zero Trust, please do not hesitate to contact me or your account manager for further information.
Kind regards
Regards
Jeremy Seligman
CEO
