Why Phishing-Resistant MFA Is No Longer Optional: The Hidden Risks of Legacy MFA

October 24, 2024 at 07:38AM The article emphasizes the urgent need for organizations to adopt phishing-resistant multifactor authentication (MFA) as ransomware payments soar, with an average increase of 500%. Legacy MFA systems prove inadequate against evolving cyber threats fueled by Generative AI. Implementing advanced, biometric-based solutions is essential to combat this growing risk. ### Meeting … Read more

How MFA Failures are Fueling a 500% Surge in Ransomware Losses

July 2, 2024 at 07:07AM The cybersecurity threat landscape has seen a substantial rise in average ransomware payments, with increases over 500%. The surge is attributed to cybercriminals better targeting organizations for larger ransom payments, as well as the utilization of Generative AI in creating convincing phishing attacks. Implementing next-generation MFA technologies, including biometrics, is … Read more

There is a Ransomware Armageddon Coming for Us All

January 11, 2024 at 09:00AM The article highlights the growing threat of phishing-driven ransomware, with the rise of Generative Artificial Intelligence (GenAI) making it more difficult to detect and defend against phishing attacks. To counter this, companies are advised to upgrade to next-generation multi-factor authentication (MFA) solutions, such as Token Ring, to protect against sophisticated … Read more