Several multi-factor authentication benefits for compliance solutions strategies. Multi-factor authentication examples from custom software development companies.
In the past few years, especially during the quarantine and remote working period, the among compromised credentials in companies increased significantly. Your users and organizational data are mostly attacked or weakened by a few elements namely credential theft, duplicates passwords, and unapproved apps. As claimed by a recent report from Microsoft, MFA methods are the solution for up to 99.9 % of these attacks.
MFA methods in compliance solutions strategies
Integrating MFA in your operation system means adding account security to protect yourselves, your clients, and accommodate work-from-home mandates. You might also feel familiar with two-factor authorization (2FA), a popular application of MFA via the log-in process of Google or Facebook.
Multi-factor authentication nowadays does not require hard work for your IT departments or software development teams. It still ensures a much better user experience and powerful layers of security. Accordingly, the compliance solution became necessary in the digital business interactions model.
Multi-factor authentication benefits for regulatory compliance
According to the National Institute of Standards and Technology (NIST), one of the biggest mistakes from users is frequently changing their authentication with regular long and complex passwords. In fact, the more times their passwords are reset, the riskier they will get. Besides, data regulations, data management, and protection are becoming more challenging than ever. The tokenless MFA authentication solutions included PCI Data Security Standards, and GDPR is exactly your simple, painless solution.
A user-friendly authentication platform of GDPR can ensure both the security for data and the easy adoption in your business. For different purposes, GDPR performs its precise missions, such as offering maximum versatility or providing tokenless access options. In terms of remote-working models with the mobility of your employees, the MFA compliance solution secures access to systems off-site via mobile devices or supplier software. At last, MFA methods come with simple deployment, remote updates, and easy maintenance.
Multi-factor authentication example in zero-trust policy
The idea of Zero Trust security for companies focuses on the truth in no network. It means that organizations should not automatically trust anything, whether outside or inside their network perimeter, because both the internal and external networks need to enable access for the various users such as employees, contractors, or other stakeholders.
So, the first step toward excellent compliance solutions strategies is considering the identity and access management as the core Web Applications system. This compliance solution is able to protect almost all your modern digital business environments (public and private clouds, SaaS applications, DevOps, robotic process automation, etc.) In the working process of Zero Trust, everyone accessing your organization’s structure has to be verified, so the principals mitigate well the threat of cyberattacks in the modernized environments in most organizations nowadays.
In particular, micro-segmentations in zero-trust networks are the separated small zones from security perimeters. These parts ensure the different log-in process of each user. People need separate authorization to approach those zones that continuous multi-factor authentication (MFA) is an essential element in zero-trust security. It requires controls on user access and strict control on device access. The system needs to follow and report in-time the operation process, so the software development team of Zero Trust has to ensure its control in each authorized device.
Lack of integrated compliance solutions strategies during the pandemic
The cybersecurity attack in Australia pitched right in the dark time of the COVID-19 pandemic. According to the Australia Threat Report of VMware Carbon Black, 46% of medium enterprises (whose business scale includes a total of 251 to 500 employees) face the big secure issue due to the inability of adopting MFA. 29% of the total Australian companies with a huge amount of remote workers reported the same challenge during the period of the pandemic. Compared to the years 2019 and 2018, the number of organizations suffering from a data breach increases significantly (90% and 81% respectively). Two main reasons for these breaches might come from the operating system vulnerabilities and third-party application breaches.
Another research in the UK, US, Italy, and Singapore since March and April marked a similar situation. 85% of respondents (CIOs, CTOs, and CISOs in big firms) stated that their employees were un-equipped for the remote working process, 28% of them considered that was a serious gap in security. More than a quarter (29%) of senior partners cited the inability to implement multi-factor authentication as the biggest threat facing their organization. Malware related to the pandemic sets half of SMEs in the three above-mentioned countries in danger.
MFA methods against compliance issues in the period of work-from-home
Fortunately, the implementation of multi-factor authentication types has become not so hard in recent years. There are three practical ways to leverage the MFA methods to enhance the security of connections between remote workers, freelancers, and the central office of companies.
Firstly, the most traditional way to get along with a high level of safety workstation is the physical token. Some tiny gears like a key fob or a security USB key are used to create almost-impossible-to-break passcode (quantum computer handy is the only device that can break it). This kind of tool is useful for logging into corporate office technology, online office applications, and cloud applications. The required password in the login process is the code generated by your device.
Secondly, the mobile phone is a convenient way to empower your MFA security stance. There are several authentication apps that are available to install on your mobile device, or you can create your own system with help from qualified custom software development companies. Among such variety choices, the one with a solid history and security-wise will be a suitable application for your organization.
Finally, the outstanding representation of modern technology is biometrics. Being a leading trend in social networking app development, the cutting-edge solution of fingerprint or retinal scan drives a solid factor in MFA. Via some easy steps in the modern application, you can get an image of your face or scan your fingerprint right in your smartphone or tablet (integrated biometric readers) and access the working system.
Last but not least, the market of MFA solutions is getting vibrant with the development quantity and quality of agile software development. Correct implementation of multi-factor authentication is one of the most effective compliance solutions strategies against hack attacks. You can do some homework to understand and pick the right choice for your technology stack.
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