Jerry Seinfeld once suggested an exciting idea for security. Why don’t you put six locks on your door, he asked, and then only lock three? That way, if someone picks the lock, they’ll keep locking the door!
Most people and companies do not use multi-factor authentication. According to a recent Microsoft report,If multi-factor authentication strengthens security discernibly, why aren’t people using it?Multi-factor authentication and two-factor authentication provide additional security for account logins. In a typical example, a person will log into a service with their username and password.
Despite this added security, most businesses and people do not activate MFA measures. A Cyber Readiness Institute study released last year found that more than half of small businesses don’t have MFA protection or do not even know about it. Enterprises fare somewhat better. Lack of awareness is hardly an excuse. Practically all banks use some form of MFA to authenticate sensitive interactions.
“If you have many apps asking for their MFA, you can simplify things with single sign-on platforms and password management tools. For example, LastPass incorporates MFA features and delivers them through several channels. That also addresses the burden issue because you can set MFA to work through e-mail, SMS, fingerprint recognition or voice. You can even create a passwordless environment. Since users generally loathe passwords, MFA can improve security compliance.