Are Your Organization’s Credentials Under Threat?
Organizations should always be aware of the security components that may affect internal data.
From user accounts to modern operating systems, it is crucial to consider all of the aspects of the information technology (IT) infrastructure in place.
However, in 2016 it was proven that the leading source of data breaches is hackers and cyber criminals seeking to steal identities. Most companies simply order their users to change their passwords from time to time to prevent identity theft, but this isn’t enough. In today’s world, passwords do not provide enough security or identity.
An abundance of high-profile breaches that occurred recently could have been easily prevented with the implementation of multi-factor authentication. Organizations like TJ Maxx and the Office of Personnel Management both failed to implement multi-factor authentication and this vulnerability was exploited. When the security of your accounts is based solely on the strength of passwords, this can prove to bring about many threatening situations for user accounts.
For this reason, many organizations are implementing multi-factor authentication as an alternative to passwords or, in some cases, as a supplemental access control to passwords. If you are concerned about your organization’s potential risk for theft, you should utilize multi-factor authentication to prevent security breaches.
The three main elements that can be integrated into a multi-factor authentication include:
• Something the user knows, like a pin number or password
• Something the user has, like a cell-phone or laptop
• Something the user is, like voice, optics or a fingerprint
Multi-factor authentication is ultimately the method of identifying a user by two or more claims, each from a different category, as presented by the user. Each claim compensates for the inherent vulnerabilities of the other claims, as the combination of the claims strengthens the foundation of the enhanced security. By using an additional layer of security, such as hard or soft tokens, compromising credentials are only half the fight; an attacker would need to have access to the user’s cell phone or credential token in order to gain full access to the network.
Introducing multi-factor authentications significantly reduces the risk posed to an organization from compromised credentials. Reviewing each of your organization’s user accounts and ensuring that multifactor authentication is introduced is vital to secure infrastructure.