MFA is usually viewed as a sensible thing to have, and indeed, sometimes your partners or regulators can request setting multifactor authentication up before you can start operating at full capacity. Well, let’s dive into the main specifics of it!  So, you are weighing all pros and cons regarding the implementation of MFA authentication solution in your business. And naturally, you are leaning towards making the best use of it. Setting multi-factor authentication up can be a daunting task, and we’re here to cover all you’d ever need to know about it. What Is MFA and How It Improves Your Business Security  Let us first define what is multifactor authentication in general terms, and how it can help you to protect your business. MFA adds additional protection layers to any authentication attempt your employees and users will make to assign to their accounts. Multifactor authentication is a combination of two or more different authentication factors that your trusted users would use to access their accounts: Knowledge-based, aka passwords and secret questions. Most of the data on the Internet is protected by passwords and choosing a good password can be a challenging task in itself. Learn how to choose a strong password that is easy to remember here. Inherence-based, aka biometrics. This one can include fingerprints, voice recognition, and other biometric data.Possession-based, aka additional stuff that you (and only you) might have. It’s usually a small device that generates one-time passwords – OTP token, a phone, or, for example, a banking card. Also, some additional authentication factors can be used over and above the classic three: Location-based, aka IP verification or geographic filters. It tries to utilize the information regarding the proximity of a device and/or its user regarding other devices that are usually used in the authentication. One particular example here would be checking the network the authentication attempt comes from and comparing its parameters to some trusted value.Action-based, aka adding a requirement for a user to participate in some sort of distinct activity. For example, filling out a CAPTCHA. As you see, multifactor authentication can be a very versatile tool, and it depends on the needs of your particular business which authentication methods to choose. Your chosen MFA solution and types of authenticators will depend on the needs of your particular business which are some very particular things, such as the number of your employees; their degree of personal compliance and responsibility; the laws of the country that your office is stationed in; the sensitivity of the data you utilize; the type of service you provide for your clients, and the possibility of THEM losing any of their data when interacting with your business; any sort of certifications that your line of work might demand (such as PCI DDS for finances or HIPPA if you work in healthcare). So, before setting up any solution you must have this information prepared and organized. And there is always an important thing to keep in mind: MFA can protect your data from malicious actors, but it won’t protect it against destructive negligence. As it asks from its users for more involvement, they tend to do ever less. You must efficiently balance asking and delivering: your chosen solution must be secure enough to do its job, and unobtrusive enough to keep its users from trying to circumvent it. | Read also: 6 MFA Myths You Still Believe 1. Use Multifactor Authentication to Protect the Most Important Accounts First We’ve established that MFA security is a fairly complex venture that asks for your time and money, and also can inconvenience your employees. So, can you cut corners here? As it turns out, you can.  Your MFA will cover different groups of...