Protect your customers’ vital data with the help of Azure IAM, the industry’s leading cybersecurity consulting firm. They can implement dynamic MFA and SSO solutions for your business.
When we discuss data breaches or hackers, we might get hung up on this image of a strange person sitting in a dark basement, their face illuminated from below by a cluster of monitors as they execute some dastardly scheme. However, if that were ever accurate, it certainly isn't anymore. These data thieves are well-funded, highly trained, and highly capable of breaching even the most secure password-protected systems.
To learn how you can start fighting back, visit https://azureiam.com/
To put things in perspective, the largest private equity firm in America manages roughly $1 trillion in assets. Data breaches are expected to incur a total cost per year of around $10 trillion in the very near future. Not only that, but the average cost per single incident approached $150 million in 2022! Many companies hit with a loss like that simply would not survive, and indeed, many have not.
No industry has been hit hardest by this crimewave, however, than the financial services industry. It should surprise no one that, in typical fashion, cybercriminals want to be where the money is. Nearly 750 institutions were hit in 2023, a number quadruple that of 2020's total.
To avoid falling victim to this plague of crime, you must stay vigilant and prepared.
That is why cybersecurity consulting firm Azure IAM wants you to be aware that they are offering a full suite of data protection services to financial institutions, including Microsoft's full selection of security products.
This new service on offer from the security architects is two-fold, bringing together single sign-on (SSO) capabilities with leading multi-factor authentication technology. Combining these protocols on the Azure Active Directory platform will give your administrators total control over network access and allow a top-down view of all activity therein.
SSO, in this case, provided by Kerberos, is a protocol designed to assign users on your network a security token that can be used across multiple systems. In Azure IAM’s applications, the protocol is used to facilitate a seamless login experience across the many systems that power your financial industry business while also boosting accountability.
To complement and further secure these capabilities, the firm uses the Azure platform’s pre-built MFA system along with a self-service password reset protocol. Passwords can also be removed entirely from the equation through the use of first-party Microsoft solutions such as the Authenticator app, depending on the needs of the client.
Regarding their services, a spokesperson stated, “We architect, design, and implement secured Identity systems for the public and private sectors, the states, and the federal government. Our solution spans from the on-premise data centers to the cloud. We have the expertise to accompany you in your quest to establish a digitally trusted identity system while staying compliant with the laws that regulate your industry.”
The team behind Azure IAM is composed of experienced identity management industry veterans who, as official Microsoft partners, have designed implementations for some of the nation’s highest-profile public and private institutions. They are available now to discuss SSO and MFA applications with your team.
To reach out or to make a consultation appointment, visit https://azureiam.com/
