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Blog by Anderson Morgan

Short articles which add value to your business

Taking your business' cyber security to the next level...

We recently completed considerable work with a financial institution to improve the cyber security at each of their branches. The major service upgrade which we completed for them was to apply Multi-factor authentication (MFA) to their business devices and systems.

MFA is a method of confirming a user’s claimed identity in which a computer user is granted access only after successfully presenting two or more pieces of evidence (or factors) to an authentication mechanism: knowledge (something the user and only the user knows, such as a unique security questions asked alongside the password), possession (something the user and only the user has, such as a code sent via SMS to their phone, or a code generator device), and inherence (something the user and only the user is, think fingerprints, retina scans, behaviour recognition).

We have found that MFA is an increasing ‘at least’ requirement for many businesses who carry vital customer data, such as credit card information, medical information or home addresses.

If we use the aforementioned financial institution as an example, MFA has benefitted their security by placing extra steps to log into their ‘in branch’ kiosks and terminals. This prevents anybody inside the business from accessing programs or systems which they don’t need to and also stops the threat of a customer or cyber criminal using a device whilst left unattended.

If your businesses holds valuable customer data, such as payment details or personal information then we’d love to talk to you about your MFA options. It all starts with a conversation.

 

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