One of the biggest mistakes companies make in regard to cybersecurity is thinking ‘A data breach will never happen to us’. Whether you choose to believe it or not, every business is at risk of data breaches, cyber-attacks, malware, or ransomware attacks.
There are certain industries that are more high risk than others which we will highlight below. These industries need to make use of their RDP 2FA to be prepared and protected against any sort of cyber attacks that come their way.
What is MFA?
Multi-factor authentication is when there is more than one way to authenticate a user when logging into an account. Typically you need at least two methods of authentication to login and can be any combination of:
- Something a user knows, like a PIN or an answer to a security question
- Something a user has, like a verification code delivered via text message or physical tokens like USB keys
- Something a user is, which may include facial recognition or biometric data like fingerprints
Let’s discuss how we can use the Windows Logon RDP multi-factor authentication in these high risk industries.
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In this industry, these companies are threatened through the different channels used to get their products to their consumers, as well as their supply chains since that’s where the bulk of their personal and financial data is held.
Small businesses are also at risk considering that they don’t have the infrastructure to dodge cyberattacks as the bigger enterprises do.
The business and eCommerce industry has seen the most amount of fraud threat for companies. Online sellers are fearful to implement MFA as they think it will deter their customers as it can post as an inconvenience. Still, the risk of a cyberattack should be of greater concern for their business and customers.
Since hackers don’t need a physical presence to hack online data, e-commerce companies pose a great threat.
E-Commerce fraud could be easily prevented by adding MFA to online accounts. This will reassure their customers that their data is protected and will also deter hackers from targeting them.
The government sector is usually high-profile for hackers because they have access to sensitive data such as financial, economic, and military records.
The typical maneuver for hackers is through phishing scams where they pose as a trusted source to gain login credentials. This is why the use of MFA in the government is a widespread requirement to protect themselves against hackers.
With the government, a cyberattack goes way beyond just a compromised network. In the past, it was known that any high-profile data breaches that disrupted the government affected millions of people whose private information was leaked.
Multi-factor authentication ensures that only authorized users can access private government data.
The healthcare industry is at a greater risk for data breaches. With everything going digital, electronic health records have become more common. This poses a problem as at times, those records may not be secured especially if used by the hospital network and not protected with MFA.
Medical records contain sensitive patient data that don’t have the ability to be shut down or frozen which makes healthcare a huge target for hackers.
HIPAA compliance now requires a stronger authentication procedure as a username and password is not longer strong enough. Internal multi-factor authentication should be a high priority for health providers that need to access electronically protected health information.
Financial institutions such as banks are a top target for cyberattacks. Banks hold a lot of confidential internal information both with their employees and their customers. They need to have the most security possible to protect the customer finance as well as data.
If a hacker is able to access a customer’s bank account, they can access a lot more than just their money. They will also have access to credit card information, and Social Security numbers, which leads to identity theft cases that take years to resolve.
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The industry standard for banks encourages at least two separate forms of authentication before a user can access their account. MFA is not yet required, but financial institutions will benefit from implementing MFA in all user accounts to ensure maximum protection.
The most common MFA use case for finance is using a PIN (something you know) and your ATM card (something you have) when accessing your account with an ATM. Multi-factor authentication offers a high level of security without causing any inconvenience to customers.
Any industry that handles customer data should utilize multi-factor authentication to protect both employees and customers.