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From the Cybersecurity News Desk

Multifactor Authentication – Not Necessarily a Silver Bullet

Multifactor authentication (or MFA) is being widely promoted in the cybersecurity landscape as a must-have – and certainly it significantly improves security.  In fact, the Cybersecurity and Infrastructure Security Agency asserts organizations are 99% less likely to get hacked if they implement MFA.  However, it is not, in and of itself, the magic pill that solves all cybersecurity ills.

“Using MFA as a tool in your cybersecurity arsenal is essential, but understand that it is not foolproof,” warns Kevin Geil, Security Specialist, Incident Response with GreyCastle Security. “Credential compromises,” continued Geil, “commonly lead to business email compromise and ultimately devastating attacks.  As adoption of MFA increases, expect attackers to gain skill in bypassing this control.”

In fact, credential compromise is identified as the first link in 50% of security incidents.

According to Cybersecurity Dive, organizations who have implemented MFA haven’t always made the necessary implementations of stronger identity security, leaving them vulnerable to social engineering.

So, what’s the takeaway? 80% of all cybersecurity incidents are related to the effective compromise of people – not tech stack.  Be sure that along with strong technology solutions such as MFA, you also include employee awareness training programs and other anti-phishing measures to help mitigate social engineering attacks.

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