Two-Factor Authentication Mandatory for Cyber Insurance

As the risk of cyberattacks are continuing to rise, more and more businesses are turning to cyber insurance as a way to protect themselves.  Many have realized cyber insurance is an essential asset when owning a business as it adds an extra layer of security and safety.

If you’re interested in Cyber Insurance the majority of insurance companies are making two-factor authentication (2FA) a requirement for purchasing or renewing cyber insurance.  2FA solutions are typically inexpensive and fairly easy to enable and of course well worth it.  When you have 2FA enabled, it adds an additional authentication layer to your account. This means that it will require your credentials, in addition to a secondary code sent to you either by email, text, or 2FA applications. This additional layer makes it harder to steal an organization’s information by requiring 2 “keys” to the account.  The harder it is, the more likely cybercriminals will move on and target a different organization.

The reason 2FA has become a requirement for cyber insurance carriers is due to the increase in cyberattacks.  When 2FA is not enabled insurance carriers feel it is way too risky to offer any cyber insurance coverage to your business.

CATS Technology Solutions Group is here to assist you with any cyber security concerns you may have.  We have multiple cyber security experts who can keep your systems safe and secure as well as guide you in the right direction when it comes to cyber insurance.

Two-factor authentication and cyber insurance are both must-haves.

Interested in 2FA?
We can help you with that: 732-204-7100
www.CATSTechnology.com

Interested in cyber insurance?
Reach out to Liberty Insurance Associates: 732-792-7000
https://libertyinsurance.com/

About CATS Technology

CATS Technology is a complete technology solutions provider, dedicated to providing solutions that will streamline operations, enhance productivity and drive innovation for businesses of all sizes. Our professionally trained and certified IT experts empower our clients to leverage the full potential of their IT investments to stay ahead of today’s rapidly evolving digital landscape. 

Our Services

Client Portal

Have you visited CATS Technology’s new Client Portal yet? It has been designed to provide everything you’ll need, all in one place. 

 

  • Submit Tickets
  • Track Ticket Status
  • Edit Ticket Content 
  • View and Pay invoices

Related Posts

6 Strategies to Turning Traffic to Conversions

Are you tired of losing potential customers due to low conversion rates? At CATS Technology, we understand the art of conversion optimization and can help you turn your website traffic into actual customers. Let us help you boost your ROI by implementing these simple and powerful strategies.

Read More

Using AI in Everyday Life

From automating routine tasks to providing personalized solutions, artificial intelligence has the power to simplify your schedule, boost productivity, and even save you time. Discover how generative AI can transform your lifestyle and what it means to live smarter.

Read More