Why You Need to Get Serious About Multi-Factor Authentication - Security Boulevard

Why You Need to Get Serious About Multi-Factor Authentication

Why You Need to Get Serious About Multi-Factor Authentication

It feels like every day we’re hearing about another data breach or ransomware attack against companies large and small. It’s one of the downsides of such rapid technological growth – just as quickly as cybersecurity professionals can increase defenses, bad actors are expanding their attack arsenals.

To decrease the risks, individuals and businesses alike must do what they can to protect their own personal information and the information of their customers. Multi-factor authentication (MFA) is one step which everyone should be taking to add an extra layer of security to account logins.

MFA requires additional confirmation of a user’s identity other than simply inputting a password. This may seem like a quick fix, but there can be some complexity to the setup process when implementing it across a whole company. We’ll explain the importance of employing multi-factor authentication and offer some steps businesses can take to set up MFA to protect their systems. 

The risks

A cybersecurity breach is always costly for businesses. Breaches are not only costly simply in terms of ransoms or other financial burdens, they come with other great risks such as lost customer trust.

The CEO of Colonial Pipeline, for example, had to make the decision to pay a $4.4 million ransom, and that’s not even mentioning the impacts on the whole region affected by gas shortages.

Just in 2020, there were 4,000 confirmed data breaches affecting everyone from small companies to tech giants like Microsoft. Incidents like ransomware and malware attacks, phishing scams, and other hacks expose personal data on a daily basis. These attack vectors are made even more expansive with the rise in cloud-computing, the Internet of Things (IoT) , digital banking, and many other advancements that make our digital lives more convenient but also more dangerous.

One of the biggest problems is that no matter how advanced tech gets, humans will still be vulnerable. For one thing, people are notoriously bad at password generation. The majority of people use passwords that they can remember, which means they can also be guessed or brute-forced using databases of common passwords. Most people also use the same password for more than one account, so one tiny breach and all your accounts can be at risk.

There has already been some push to address this risk. Two-factor authentication (2FA) is widely adopted, usually taking the form of an email or text-based code sent to a user’s phone or email. Unfortunately, common 2FA solutions are not all that secure.

Phones can be stolen, and many don’t have protection beyond perhaps a four-digit screen lock PIN (which can be brute-forced). Similarly, email accounts can be easily compromised, and people are susceptible to email phishing schemes. This means we need another layer over simple passwords and 2FA.

How MFA can help

Adding extra layers of security can make it much harder for hackers to access your online accounts, and MFA is one of the least time-consuming or intrusive ways to do this. In fact, it’s so important that companies like Google are requiring MFA for all users to decrease the risk.

You should implement MFA even if you think your system is secure. According to cybersecurity expert Ludovic Rembert of Privacy Canada, you should always have multiple layers of protection, even for something like a private WiFi network or a home security system:

“If any of your devices are connected via wifi then [hackers] can also gain access to your network in general,” Rembert says. “To ensure that this doesn’t happen you can make extremely long passwords with unique symbols, change your password frequently, check security settings, or use an extra layer of protection with encryption software.”

The increasing ubiquity of IoT devices and cloud-based solutions makes this even more critical. Particularly during the pandemic, work from home rendered it more necessary for companies to provide remote devices and secure connectivity for their employees. Unfortunately cloud-based solutions and IoT devices add complexity to cybersecurity infrastructures, and there have been numerous cases proving the vulnerabilities of such devices.

MFA adds layers of security by requiring that you prove your identity in more than one way. Authentication is typically established through three options: something you know (e.g. password or PIN), something you have (e.g. smart card or security token), and something you are (e.g. fingerprint or voice recognition). MFA works by combining at least two of these options for added security.

What’s more, MFA options are becoming even more advanced by harnessing artificial intelligence (AI) for behavior-based authentication. So-called intelligent authentication provides more personalized verification by taking into account the location, IP address, timing, etc. of logins in addition to traditional credentials. This offers a peek at the future of MFA which, in combination with digital identity management protocols, could add even greater security for organizations.

How to set up MFA

While MFA is one of the less burdensome security measures from the user’s perspective, choosing the right solutions can still be challenging for businesses. Here are a few tips to keep in mind when employing multi-factor authentication for your organization.

Diversify your authentication steps

There are many choices of which factors to incorporate into your MFA. We’ve already mentioned one-time passwords (OTPs), and while those alone may not be enough, they can be an easy way to make hackers’ jobs harder without making your employees’ jobs more frustrating. Security questions are similar; they’re not enough on their own, but it is multi-factor, after all.

Software token authentication, or push-based authentication, is a similar but stronger alternative to SMS-based OTPs. This requires an additional application to verify logins, but once it’s set up, it shouldn’t be a hassle for users. A push is more secure because it’s out-of-band, meaning it takes place over a secure connection physically separate from the primary network.

These notifications are sent over an encrypted channel, and they don’t contain an actual code. While SMS-based OTPs could be read from a locked phone screen, pushes must be confirmed by unlocking the device and clicking the confirmation. No matter what solutions you choose, your MFA software should use digital certificates and encryption for at least one layer.

MFA need not be a pain for IT (or users)

Setting up MFA doesn’t have to be a nightmare for your IT department. Many businesses –  especially SMEs – avoid it because they think it will be a hassle, but you can focus on solutions that are flexible to widely deploy. Many MFA solutions will be able to integrate with your existing infrastructure and be installed without having to visit every device for manual setup.

As with anything, user-experience is something to look for in such software – both an unburdensome experience for employees and a streamlined setup for administrators. And even if you don’t have the infrastructure for intelligent authentication yet, you can incorporate your own behavioral settings, such as taking timing and simultaneous device connections into account so users don’t have to authenticate before every single use.  

Educate your employees about security

It’s unfortunate but true: humans are usually the weak link. As you implement MFA, you should simultaneously educate your employees about choosing appropriately long and complex passwords, as well as recognizing the signs of phishing scams and other questionable activity.

You can teach them how to use MFA on personal devices as well. Especially if they’re working from home, they are probably reading work emails and such on their mobile phones. Make sure your employees use VPNs for laptops and phones and only store proprietary data on company-secured devices and servers.

If you have the infrastructure to accommodate it, biometric data is probably the most hard-to-hack MFA solution. But even if you can’t implement it company-wide, keep in mind that most smartphones have this capability already. Encourage employees to use fingerprint locks for their work phones as well as their personal devices. 

Conclusion

When done properly, MFA is one of the simplest and least burdensome forms of security that a company can implement. Considering the rampant cybersecurity risks in today’s digital landscape, there is really no reason businesses and individuals shouldn’t be taking advantage of this solution. If you invest in the most up-to-date tools, your multi-layered security infrastructure will go far in protecting your employees and sensitive data.

Note: This blog article was written by a guest contributor for the purpose of offering a wider variety of content for our readers. The opinions expressed in this guest author article are solely those of the contributor and do not necessarily reflect those of GlobalSign.

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*** This is a Security Bloggers Network syndicated blog from Blog Feed authored by Blog Feed. Read the original post at: https://www.globalsign.com/en/blog/why-you-need-get-serious-about-multi-factor-authentication