Identity security is one of the most significant challenges that IT organizations face. An identity compromise can ruin an organization, and it is the number one attack vector for hackers. Given the volatility of the identity management space, it’s hard to overstate the benefits of multi-factor authentication (MFA or 2FA).
End users have too many passwords to remember and manage. After all, the average employee has around 191 different resource accounts active at one time. Best practices state that each one of those accounts should have its own unique and complex password. Meanwhile, IT organizations are constantly struggling to tightly control access to all IT resources. Shadow IT and difficulty with user management systems have presented challenges to identity security as a whole. The result is that organizations end up being at significant risk of a compromise due to poorly secured identities.
MFA is a critical tool for protecting organizations from identity theft. By implementing MFA organization-wide, the security of the traditional username and password login is supplemented by an additional measure. With MFA, a TOTP (time-based one-time password) token, generated from a smartphone or other device, is required for access. In effect, a user now needs two pieces of information to access their IT resource: something they know (a password) along with something they have (a unique token generated by a smartphone).
By requiring both pieces of information, IT organizations are dramatically reducing the chances of a breach. For end users and IT admins alike, the extra step is well worth the increase in security. In fact, many end users are now employing 2FA in their personal lives as well.
Benefits of MFA
Foremost of the benefits of multi-factor authentication is the significant decrease in the chance of end user identities (and, subsequently, their IT resources) becoming compromised. By adding a personal, time-sensitive factor to the authentication process, would-be hackers are stopped in their tracks, even if they have a user’s password. This, of course, also has the added benefit of peace of mind for enterprises, knowing that their sensitive data is made safer by an additional (Read more...)
*** This is a Security Bloggers Network syndicated blog from Blog – JumpCloud authored by Zach DeMeyer. Read the original post at: https://jumpcloud.com/blog/multi-factor-authentication-benefits/