The cyberthreat landscape has always been worrisome, but recent news reports show a sharp growth in highly sophisticated cyber attacks of various kinds, from nation states and other bad actors. Ransomware attacks and other forms of account compromise continue to grace the news every month costing companies millions (or even billions) in downtime and lost opportunity. These attacks have broken the old cyber insurance risk models because it’s become too easy for an attacker to steal credentials and work from the inside. And, due to a heightened risk caused by recent events, cyber insurance premiums have skyrocketed, going up by as much as 150-300% in some cases.
Increasingly, cyber insurance firms are requiring a higher bar for security from the organizations looking to purchase cyber insurance, with adoption of multi-factor authentication (MFA) being seen as a better approach than using flimsy and weak passwords to log into sensitive systems. But not all forms of MFA are created equal. Attend this webinar to understand the new cyber insurance requirements, the far-reaching implications for your business and ways to adopt true phishing-resistant MFA that keeps your business and users protected for the long haul as compliance regulations continue to become more stringent, and as cyber attacks become more refined and targeted.
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