Question: What are your MFA recommendations for the future?
Implement multi-factor authentication (MFA) wherever possible - on all web applications that allow the feature, on your enterprise password manager, on your email, on Active Directory, etc. MFA is the hand sanitizer to account takeover attacks and can prevent 99.9% of account compromises.
Yes, this extra layer of security adds a bit of inconvenience and another speed bump in the login process, but the risk MFA mitigates is worth the additional step.
Meet Our Expert!
Jon Waldman, CISA, CRISC
As an experienced cybersecurity executive and educator, Jon Waldman has worked for over 15 years to help hundreds of organizations be able to identify and understand cybersecurity risks, allowing them to make better and more informed business decisions. Jon is the Chief People Officer for SBS CyberSecurity, as well as the President of the SBS Institute.
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Hacker Hour webinars are a series of free webinars hosted by SBS CyberSecurity. Unlike paid webinars, Hacker Hours are aimed to meet on a monthly basis to discuss cybersecurity issues and trends in an open format. Attendees are encouraged to join the conversation and get their questions answered. SBS will also offer products and services to help financial institutions with these specific issues.