BrandPost: Is MFA the Vegetable of Cybersecurity?

BrandPost: Is MFA the Vegetable of Cybersecurity?

Like it or not, vegetables are good for us. Chowing down on some broccoli or kale can help us build strong bones, reduce our risk of chronic diseases, and deliver the vitamins our bodies need. And yet, the CDC reports that only 10% of American adults eat enough veggies — even though they likely know they should.[1] Companies are the same when it comes to security. 

Cybercrime is predicted to cost the world $10.5 trillion annually by 2025, up from $3 trillion a decade ago and $6 trillion in 2021.[2] There are 921 password attacks every second — almost double what we saw a year ago. There is one simple action businesses can take to protect against 98% of attacks, but 38% of large companies and 62% of small to mid-size companies don’t do it.[3] In fact, across industries, only 22% of customers using Microsoft Azure Active Directory (Azure AD), Microsoft’s Cloud Identity Solution, had implemented strong identity authentication protection as of December 2021.

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