Cybersecurity threats are becoming more and more common. From data breaches to ransomware attacks, cybercriminals are finding new and creative ways to exploit vulnerabilities and gain access to sensitive information. To protect themselves, many businesses are turning to cyber insurance coverage. But is cyber insurance coverage enough to keep your business secure?

Cyber insurance coverage can provide financial protection in the event of a cyber attack or data breach. This type of insurance can help cover the costs associated with data recovery, legal fees, and lost income. However, it is important to note that cyber insurance coverage alone is not enough to keep your business secure. It is essential to take proactive measures to prevent cyber attacks from occurring in the first place.

2FA for Cyber Insurance Coverage

One of the most effective ways to prevent cyber attacks is by implementing two-factor authentication (2FA) across all your systems and applications. 2FA adds an extra layer of security to your login process by requiring users to provide a second form of authentication, such as a fingerprint or a one-time code sent to their mobile device. This makes it much more difficult for cybercriminals to gain access to your systems, even if they have stolen your login credentials.

According to a report by Verizon, 81% of data breaches are caused by weak or stolen passwords. Implementing 2FA can greatly reduce the risk of password-related breaches, making it a crucial component of any cybersecurity strategy. Additionally, a study by Google found that using 2FA can prevent up to 100% of automated bot attacks.

2FA Solution for Cyber Liability Checklist

At GateKeeper Enterprise, we offer a comprehensive 2FA solution that can help keep your business secure. Our patented proximity-based authentication technology allows users to securely access their devices and applications without the need for passwords or tokens. With GateKeeper Enterprise, you can easily implement 2FA across your entire organization and ensure that your sensitive information remains protected.

In conclusion, while cyber insurance coverage can provide financial protection in the event of a cyber attack, it is important to take proactive measures to prevent these attacks from occurring in the first place. Implementing 2FA is one of the most effective ways to enhance your cybersecurity posture and reduce the risk of cyber attacks. At GateKeeper Enterprise, we offer a comprehensive 2FA solution that can help keep your business secure. Read more reviews of GateKeeper Enterprise from G2 and how other companies use GateKeeper.