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MFA – What Is It, and Why Do You Need It?

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What is MFA?

MFA stands for Multi-Factor Authentication; this is a layered approach to securing applications and data by requiring users to verify their identity with a combination of two or more credentials.

Why is MFA Important?

MFA increases data and application security. Since MFA requires MORE than just a password or username, it significantly decreases the odds of a cyber security breach.

Over 80% of cyber breaches can be attributed to a weak or stolen password according to Verizon’s Data Breach Investigations Report spanning 2008 through 2022 (read the full report here). Higher Education applications are a common target for hackers.

A study conducted by Google and referenced by CISA (Cybersecurity & Infrastructure Security Agency) has shown that implementing MFA had the ability to block:

  • 100% of automated bots
  • 99% of bulk phishing attacks, and
  • 66% of targeted attacks on users’ Google Accounts

Read the full CISA report here.

MFA at FAS

Security is incredibly important to us. FAS uses MFA across all our web-based applications for both our staff and client use. We couple this added layer of security with hands-on training for our staff, as well as video training available for client use to ease the set-up process.

Reporting a Breach

It is imperative that cybersecurity risk management is a top priority for institutions. If your institution experiences a breach, it is highly encouraged to report breaches to FSA by emailing PSSAIG@ed.gov or by filling out the Cybersecurity Breach Intake Form, which is available online, here.

Stay Up to Date

As demands for better cybersecurity increase, FAS continuously gears up to meet those demands head on. Follow our blog or our social media for more tips on how to better secure your institution’s security, and wellbeing.

 

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