your MFA security often to ensure it’s always in use. You’ll also have to log in and do the authentication for each app separately, which can be frustrating. Free options work in a cinch but shouldn’t be the extent of your MFA strategy. This is especially the case since not all systems provide a free option. Instead, try to collaborate with an IT provider that specializes in cybersecurity for banks. They’ll set up a paid version of MFA that coordinates between all your applications and gives you insight into the following: • What devices are connected to your accounts? • Who is accessing the system? • Is there unauthorized access? • Where are people logging in? A paid service will also allow you to remember devices for a few months at a time and set up an automated authentication process, so you don’t have to do any extra steps. Multifactor Authentication Is a Worthy Investment — Make the Most of It When it comes to cybersecurity for banks, there’s no silver bullet. You need multiple layers of defense, and MFA should be one of them. It only takes a few seconds to do this extra step — and it could save you from a world of hurt. These days, you need MFA to protect yourself against rising cybercrime. If you neglect this essential security measure, you’re opening yourself up to the full brunt of reputational damage in the age of social media. In addition, the time you spend verifying your identity is nothing compared to the cost and hassle associated with recovering from a data breach. Please reach out if you have any questions or need help at (913) 347-6497 or visit www.resultstechnology.com. Mike Gilmore is the Chief Compliance Officer of RESULTS Technology and a Certified Information Systems Auditor (CISA) with more than 30 years of experience in the banking industry. RESULTS Technology provides IT services to community banks across the Midwest. In his role as CCO, Mike provides compliance and risk assessments, audit and exam support, and policy documentation. He can be reached at mgilmore@resultstechnology.com Contact us today to place your announcement ad Call 801-676-9722 Or scan the qr code to fill out the form. Who to congratulate , who to acknowledge , and who to thank for a job well done. Employees are motivated when they are recognized and feel valued. The Community Banker magazine is a great platform to celebrate your team's accomplishments!
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