Organizations today are facing an unprecedented onslaught of cybersecurity threats, which put customer data and organizational reputations at risk. The financial losses incurred by these attacks can be staggering. The average cost of a data breach reached USD 4.35 million in 2022, an existential cost for many SMEs. 

There are no easy answers to this problem. Organizations of all sizes need a robust cybersecurity strategy in place to help minimize the risks, utilizing a range of tools and procedures to ensure adequate protection. 

However, there is one crucial foundation that all organizations should have in place: multi-factor authentication (MFA). MFA can help organizations combat cyberattacks by securing access and accounts – and for this reason, it has become a must-have security measure when qualifying for cyber insurance. 

To read more please see the white paper attached

This White Paper is credited to Expert Insights