Why cyber insurance companies are requiring businesses to use multi-factor authentication

marketwatchmyid

Canadian cyber insurance plan companies are now requiring companies to supply multi-component authentication (MFA) and have cybercrime/data breach response strategies in location just before qualifying for coverage.    Prudent, because cybercrimes and ransomware assaults are on the rise – Canadians have misplaced $4.9 billion to ransomware assaults in the final calendar […]