11 - Don't Be Held Hostage, Stop Phishing and Ransomware

IAM Pulse by BIO-key International

In 2020, many community banks obtained more assets, customers, and liquidity, making them a prime target for cyber-attacks, especially during the COVID-19 pandemic. As a response, banks resorted to multi-factor authentication (MFA), but choosing the wrong MFA solution can result in big dividends. Regardless, community banks can be improving their cybersecurity measures, and for implementing MFA, traditional methods are starting to fail, meaning a migration to more modern MFA methods. What if you could cut your MFA costs in half, while providing effortless user experiences for online banking and work-from-anywhere authentication? In this episode of IAM Pulse, we talk about just that.

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