Meeting Cyber Insurance Requirements — Is MFA Enough?

Last year, HYPR reported that many cyber insurers now require organizations to adopt multi-factor authentication. The growing demand for cyber liability insurance, the increasing number of claims and a spike in claim severity have prompted underwriters to scrutinize an organization’s security controls more closely. Since then, and as cyberattacks continued to flourish over the last year, the cyber insurance requirements for strong internal security measures have intensified.

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