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Why Two-Factor Authentication is a Must Have

You can two-factor authentication (2FA) powered by DUO to your Concero Cloud Desktop.  DUO is an industry leader that makes 2FA easy while offering a powerful set of features for securing your business-critical applications and data.

To help you decide if you should add DUO’s 2FA solution to your Cloud Desktop consider the following points about account theft and why passwords alone are not enough to secure your business:

  1. Identity theft is an easy, low-risk, high-reward type of crime and a threat to all businesses.
  2. Password theft is constantly evolving as hackers employ methods like keylogging, phishing, and pharming.
  3. Without user authentication the front door is wide open to intruders.  Anti-virus systems and firewalls do nothing to help.
  4. Password reuse across different applications is frequent, average password strength for mobile applications and websites is low and that most users rarely change passwords. (Source: Mashable)
  5. Facebook sees 600,000 compromised logins a day. (Source: TechCrunch)
  6. Weak or stolen user credentials are hackers’ weapon of choice, used in 95 percent of all Web application attacks. (Source: TechBeacon:)
  7. A key area that saw lots of new activity is account takeovers, which increased 61% over 2015, totaling 1.4 million incidents. Account takeovers occur when thieves gain to access someone’s accounts and change the contact and security information. (Source: Javelin Strategy and Research)
  8. Account takeovers (ATO) resulted in over $2 billion in losses. (Source: Javelin Strategy and Research)
  9. Outside of account takeover, those with active social media presence have a 30 percent higher risk of becoming fraud victims due to increased exposure. (Source: Javelin Strategy and Research)
  10. Social media such as Facebook, Instagram, and Snapchat face a 46 percent higher risk of account takeover and fraud than those not active on social networks. (Source: Javelin Strategy and Research)
  11. CSID also found that 31% of surveyed small businesses are not taking any active measures to mitigate cyber risks such as data breaches and hacking. (Source: CSID)
  12. Of all targeted attacks, 31 percent are aimed at businesses with fewer than 250 employees. (Source: TechBeacon:)
  13. Cyber criminals do more than merely steal data. Often they destroy data and or encrypt data for ransom.  Ransomware is costing businesses more than $75 billion per year. (Source: Datto)  Datto also reports that businesses paid $301 million in ransomware payments in 2016. (Source: Datto)

What is Two-Factor Authentication (2FA)?

Two-factor authentication (2FA) strengthens access security by requiring two methods (also referred to as factors) to verify your identity. These factors can include something you know – like a username and password, plus something you have – like a smartphone app to approve authentication requests.

2FA protects against account theft via phishing, social engineering and password brute-force attacks and secures your logins from attackers exploiting weak or stolen credentials.  Concero offers 2FA from DUO as an add-on to its Cloud Workspaces.  Learn More about Two-factor Authentication by DUO.

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Why Two Factor Authentication is a Must Have
2020-02-28T09:18:03-08:00 Categories: Concero Workspaces, Workspace Services|Tags: |1 Comment

One Comment

  1. zoritoler imol August 1, 2023 at 9:06 am - Reply

    I haven’t checked in here for a while as I thought it was getting boring, but the last several posts are good quality so I guess I’ll add you back to my daily bloglist. You deserve it my friend 🙂

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Concero, a TruPoint brand, is a Canadian IT services provider specializing in Virtual Cloud Desktops, QuickBooks Hosting, and Hosted SAGE. We also offer a full range of cloud services. Our delivery of cloud and hybrid solutions make IT more mobile, more secure, and more affordable. Since 2010, we’ve worked through partners and directly with public and private sector organizations to deliver enterprise-grade Cloud Desktops and IT solutions. We always strive to be a center of excellence: employing great people, implementing industry best practices, and using world-class technologies.
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