IDEE analyses MFA cyber security in businesses
Summary
A third (32%) of 1st gen MFA users said they opted for that solution because it seems to be the most popular or common cybersecurity method at present. The survey also found that 27% use 1st gen MFA simply because it came as standard from their IT providers (such as Google or Microsoft), and 22% chose it because they believed it was cheaper than other solutions. “Over the past decade, IT departments have been led to believe that 1st gen MFA is the go-to cybersecurity solution for businesses globally thanks to misleading headlines from well-meaning companies – such as Microsoft – stating that MFA prevents 99% of all breaches. For me, this data smacks of herd mentality – IT and cyber leaders are investing in MFA because it feels like the safe, blameless option, rather than properly scrutinising how well it stops the most common attacks. It’s time for businesses to shift their focus from blindly following the crowd to critically evaluating and implementing more robust security measures built on transitive trust and bulletproof identity proofing.